Company Registration No. 11189493 (England and Wales)
CAD Contracting and Developments Ltd
Unaudited accounts
for the year ended 29 February 2024
CAD Contracting and Developments Ltd
Unaudited accounts
Contents
CAD Contracting and Developments Ltd
Company Information
for the year ended 29 February 2024
Company Number
11189493 (England and Wales)
Registered Office
109 Eastham Village Road
Eastham
Wirral
Ch620AF
Accountants
KLAS ACCOUNTANTS LTD
Eastham Hall
109, Eastham Village Road
Eastham
Wirral
CH62 0AF
CAD Contracting and Developments Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
21,591
27,684
Cash at bank and in hand
4,177
8,646
Creditors: amounts falling due within one year
(19,121)
(27,096)
Net current liabilities
(14,944)
(18,450)
Called up share capital
100
100
Profit and loss account
6,547
9,134
Shareholders' funds
6,647
9,234
For the year ending 29 February 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 9 April 2024 and were signed on its behalf by
Mr Carl Roberts
Director
Company Registration No. 11189493
CAD Contracting and Developments Ltd
Notes to the Accounts
for the year ended 29 February 2024
CAD Contracting and Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 11189493. The registered office is 109 Eastham Village Road, Eastham, Wirral, Ch620AF.
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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 £ 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
15% Straight Line
Motor vehicles
15% Straight Line
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.
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2023
20,000
20,617
40,617
At 29 February 2024
20,000
20,617
40,617
At 1 March 2023
7,500
5,433
12,933
Charge for the year
-
6,093
6,093
At 29 February 2024
7,500
11,526
19,026
At 29 February 2024
12,500
9,091
21,591
At 28 February 2023
12,500
15,184
27,684
CAD Contracting and Developments Ltd
Notes to the Accounts
for the year ended 29 February 2024
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,357
12,422
Amounts owed to group undertakings and other participating interests
2,525
-
Taxes and social security
632
40
Loans from directors
6,407
13,434
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Average number of employees
During the year the average number of employees was 1 (2023: 1).