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Company Registration No. SC656386 (Scotland)
CADI Retail Ltd Unaudited accounts for the year ended 31 March 2024
CADI Retail Ltd Unaudited accounts Contents
Page
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CADI Retail Ltd Company Information for the year ended 31 March 2024
Director
Michael William Gregan
Company Number
SC656386 (Scotland)
Registered Office
138 Nelson Street Glasgow G5 8EJ Scotland
Accountants
Calculo Ltd Unit 9 Eastworks Gateway Court Glasgow G40 4DS
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CADI Retail Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
18,471 
20,612 
Current assets
Debtors
80 
- 
Cash at bank and in hand
4,876 
18,363 
4,956 
18,363 
Creditors: amounts falling due within one year
(22,803)
(20,972)
Net current liabilities
(17,847)
(2,609)
Net assets
624 
18,003 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
614 
17,993 
Shareholders' funds
624 
18,003 
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 October 2024 and were signed on its behalf by
Michael William Gregan Director Company Registration No. SC656386
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CADI Retail Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
CADI Retail Ltd is a private company, limited by shares, registered in Scotland, registration number SC656386. The registered office is 138 Nelson Street, Glasgow, G5 8EJ, Scotland .
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% reducing balance
Motor vehicles
10% reducing balance
Fixtures & fittings
10% reducing balance
Computer equipment
20% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
5,350 
18,828 
741 
1,021 
25,940 
At 31 March 2024
5,350 
18,828 
741 
1,021 
25,940 
Depreciation
At 1 April 2023
1,450 
3,578 
80 
220 
5,328 
Charge for the year
390 
1,525 
66 
160 
2,141 
At 31 March 2024
1,840 
5,103 
146 
380 
7,469 
Net book value
At 31 March 2024
3,510 
13,725 
595 
641 
18,471 
At 31 March 2023
3,900 
15,250 
661 
801 
20,612 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
80 
- 
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CADI Retail Ltd Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
17,269 
10,710 
Taxes and social security
11,891 
7,148 
Other creditors
3,000 
3,000 
Loans from directors
(9,464)
- 
Accruals
107 
114 
22,803 
20,972 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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