CADDS Limited
Registered number: 03678935
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,041 1,172
Current assets
Debtors 4 - 1,615
Cash at bank and in hand 15,629 36,252
15,629 37,867
Creditors: amounts falling due within one year 5 (754) (1,106)
Net current assets 14,875 36,761
Net assets 15,916 37,933
Capital and reserves
Called up share capital 2 2
Profit and loss account 15,914 37,931
Shareholder's funds 15,916 37,933
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
……………………………………………
T Samm
Director
Approved by the board on 15 November 2024
CADDS Limited
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Equipment, fixtures and fittings 25% reducing balance
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 May 2023 14,067
Additions 217
At 30 April 2024 14,284
Depreciation
At 1 May 2023 12,895
Charge for the year 348
At 30 April 2024 13,243
Net book value
At 30 April 2024 1,041
At 30 April 2023 1,172
4 Debtors 2024 2023
£ £
Corporation tax - 1,615
5 Creditors: amounts falling due within one year 2024 2023
£ £
Other taxes and social security costs - 48
Other creditors 705 685
Director's account 49 373
754 1,106
6 Other information
CADDS Limited is a private company limited by shares and incorporated in England. Its registered office is:
8 New Road
Linslade
Leighton Buzzard
Beds
LU7 2LX
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