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REGISTERED NUMBER: 01022916 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

CAMBRIDGE INSITU LIMITED

CAMBRIDGE INSITU LIMITED (REGISTERED NUMBER: 01022916)

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


CAMBRIDGE INSITU LIMITED

COMPANY INFORMATION
For The Year Ended 31 March 2024







DIRECTORS: T Cragg
S Baxter





SECRETARY: Mrs H J Walker





REGISTERED OFFICE: 38 High Street
Little Eversden
Cambridge
Cambridgeshire
CB23 1HE





REGISTERED NUMBER: 01022916 (England and Wales)





ACCOUNTANTS: TC Group
1 Rushmills
Bedford Road
Northampton
Northamptonshire
NN4 7YB

CAMBRIDGE INSITU LIMITED (REGISTERED NUMBER: 01022916)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 102,787 114,371

CURRENT ASSETS
Stocks 158,940 190,630
Debtors 5 452,053 463,369
Cash at bank and in hand 112,830 132,446
723,823 786,445
CREDITORS
Amounts falling due within one year 6 44,319 46,940
NET CURRENT ASSETS 679,504 739,505
TOTAL ASSETS LESS CURRENT LIABILITIES 782,291 853,876

PROVISIONS FOR LIABILITIES 19,529 21,730
NET ASSETS 762,762 832,146

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 762,662 832,046
SHAREHOLDERS' FUNDS 762,762 832,146

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.

CAMBRIDGE INSITU LIMITED (REGISTERED NUMBER: 01022916)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 November 2024 and were signed on its behalf by:





S Baxter - Director


CAMBRIDGE INSITU LIMITED (REGISTERED NUMBER: 01022916)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2024


1. STATUTORY INFORMATION

Cambridge Insitu 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Improvements to property - 20% on reducing balance
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 15% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

CAMBRIDGE INSITU LIMITED (REGISTERED NUMBER: 01022916)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2024


2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2023 72,830 56,342 12,850
Additions 803 4,800 508
At 31 March 2024 73,633 61,142 13,358
DEPRECIATION
At 1 April 2023 49,710 24,898 7,345
Charge for year 4,717 4,971 874
At 31 March 2024 54,427 29,869 8,219
NET BOOK VALUE
At 31 March 2024 19,206 31,273 5,139
At 31 March 2023 23,120 31,444 5,505

CAMBRIDGE INSITU LIMITED (REGISTERED NUMBER: 01022916)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2024


4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 80,837 23,158 246,017
Additions - 1,141 7,252
At 31 March 2024 80,837 24,299 253,269
DEPRECIATION
At 1 April 2023 41,719 7,974 131,646
Charge for year 5,868 2,406 18,836
At 31 March 2024 47,587 10,380 150,482
NET BOOK VALUE
At 31 March 2024 33,250 13,919 102,787
At 31 March 2023 39,118 15,184 114,371

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 214,446 190,888
Amounts owed by group undertakings 210,219 210,219
Other debtors 3,701 3,750
Tax 15,038 50,964
Prepayments and accrued income 8,649 7,548
452,053 463,369

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,796 6,167
Social security and other taxes 4,775 8,318
VAT 27,971 26,076
Other creditors 5,889 3,629
Accrued expenses 2,888 2,750
44,319 46,940

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100