Company Registration No. 10569306 (England and Wales)
Camcam Ltd
Unaudited accounts
for the year ended 31 January 2024
Camcam Ltd
Unaudited accounts
Contents
Camcam Ltd
Company Information
for the year ended 31 January 2024
Company Number
10569306 (England and Wales)
Registered Office
450 Milton Road
Cambridge
CB4 1ST
Accountants
Anthony Daniel Associates Ltd
10 Julian Place
London
E14 3AT
Camcam Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
5,099
6,567
Cash at bank and in hand
8,605
3,995
Creditors: amounts falling due within one year
(18,272)
(8,289)
Net current liabilities
(4,167)
(2,294)
Total assets less current liabilities
932
4,273
Creditors: amounts falling due after more than one year
-
(3,404)
Called up share capital
1
1
Profit and loss account
931
868
Shareholders' funds
932
869
For the year ending 31 January 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 her 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 November 2024 and were signed on its behalf by
Dongni Chen
Director
Company Registration No. 10569306
Camcam Ltd
Notes to the Accounts
for the year ended 31 January 2024
Camcam Ltd is a private company, limited by shares, registered in England and Wales, registration number 10569306. The registered office is 450 Milton Road, Cambridge, CB4 1ST.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in ã sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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:
Computer equipment
20% on cost
Camcam Ltd
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
4,150
4,493
8,643
At 31 January 2024
4,150
4,783
8,933
At 1 February 2023
622
1,454
2,076
Charge for the year
830
928
1,758
At 31 January 2024
1,452
2,382
3,834
At 31 January 2024
2,698
2,401
5,099
At 31 January 2023
3,528
3,039
6,567
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
26
2,918
Taxes and social security
4,951
3,489
Loans from directors
12,241
849
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
The ultimate controlling party is Ms. Dongni Chen, who is the sole director and holds one hundred percent of the company shares.
10
Average number of employees
During the year the average number of employees was 2 (2023: 1).