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REGISTERED NUMBER: 02212205 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

CAUDLE INTERNATIONAL TRADING LIMITED

CAUDLE INTERNATIONAL TRADING LIMITED (REGISTERED NUMBER: 02212205)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CAUDLE INTERNATIONAL TRADING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: P C Caudle
Mrs H Caudle
Mrs C S Caudle-Stephens





REGISTERED OFFICE: Owlsend Retreat
1 Towbury Court
Kilmore Lane
Twyning
Gloucestershire
GL20 6EN





REGISTERED NUMBER: 02212205 (England and Wales)





ACCOUNTANTS: Randall & Payne LLP
Chartered Accountants
Chargrove House
Shurdington Road
Cheltenham
Gloucestershire
GL51 4GA

CAUDLE INTERNATIONAL TRADING LIMITED (REGISTERED NUMBER: 02212205)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 136 181
Investments 5 59,235 59,102
Investment property 6 1,834,400 1,995,000
1,893,771 2,054,283

CURRENT ASSETS
Debtors 7 3,446 2,836
Cash at bank 256,365 71,819
259,811 74,655
CREDITORS
Amounts falling due within one year 8 9,929 28,451
NET CURRENT ASSETS 249,882 46,204
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,143,653

2,100,487

PROVISIONS FOR LIABILITIES 134,774 174,924
NET ASSETS 2,008,879 1,925,563

CAPITAL AND RESERVES
Called up share capital 4,500 4,500
Retained earnings 2,004,379 1,921,063
2,008,879 1,925,563

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

CAUDLE INTERNATIONAL TRADING LIMITED (REGISTERED NUMBER: 02212205)

BALANCE SHEET - continued
31 MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by:




Mrs H Caudle - Director P C Caudle - Director




Mrs C S Caudle-Stephens - Director


CAUDLE INTERNATIONAL TRADING LIMITED (REGISTERED NUMBER: 02212205)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Caudle International Trading Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Financial Instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Provisions
Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

CAUDLE INTERNATIONAL TRADING LIMITED (REGISTERED NUMBER: 02212205)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

Going concern
There are no material uncertainties that may cast significant doubt about the company’s ability to continue as a going concern.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 1,832 19,975 21,807
DEPRECIATION
At 1 April 2023 1,651 19,975 21,626
Charge for year 45 - 45
At 31 March 2024 1,696 19,975 21,671
NET BOOK VALUE
At 31 March 2024 136 - 136
At 31 March 2023 181 - 181

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023 59,102
Share of profit/(loss) 133
At 31 March 2024 59,235
NET BOOK VALUE
At 31 March 2024 59,235
At 31 March 2023 59,102

CAUDLE INTERNATIONAL TRADING LIMITED (REGISTERED NUMBER: 02212205)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 1,995,000
Disposals (225,000 )
Revaluations 64,400
At 31 March 2024 1,834,400
NET BOOK VALUE
At 31 March 2024 1,834,400
At 31 March 2023 1,995,000

All investment properties were revalued during the year by the directors. The valuation was based on current market values.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,446 2,836

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation Tax 6,004 5,237
Other creditors - 21,687
Directors' current accounts 2,275 28
Accruals and deferred income 1,650 1,499
9,929 28,451

9. SECURED DEBTS

There was a charge in the form of a chattels mortgage held by Forward Trust Ltd created 5 September 1995 over a machine held by the business. The charge was satisfied in April 2023.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
Mrs H Caudle
Balance outstanding at start of year (28 ) (61 )
Amounts advanced 3,415 9,474
Amounts repaid (5,662 ) (9,441 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,275 ) (28 )

No interest is being charged on the loan account and there are no set repayment terms.