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Company Registration No. 13276889 (England and Wales)
CATERHAM DEVELOPMENTS LIMITED Unaudited accounts for the year ended 31 March 2024
CATERHAM DEVELOPMENTS LIMITED Unaudited accounts Contents
Page
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CATERHAM DEVELOPMENTS LIMITED Company Information for the year ended 31 March 2024
Director
Yechezkel Michael Halberstadt
Company Number
13276889 (England and Wales)
Registered Office
81 BEWICK ROAD GATESHEAD TYNE AND WEAR NE8 1RR UNITED KINGDOM
Accountants
MAP Accounting Limited 26 Oakfield Avenue Harrow HA3 8TJ
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CATERHAM DEVELOPMENTS LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
343,641 
600,000 
Current assets
Inventories
515,523 
1,397,803 
Debtors
17,591 
7,990 
Cash at bank and in hand
11,889 
7,032 
545,003 
1,412,825 
Creditors: amounts falling due within one year
(22,724)
(11,385)
Net current assets
522,279 
1,401,440 
Total assets less current liabilities
865,920 
2,001,440 
Creditors: amounts falling due after more than one year
(888,936)
(2,082,656)
Net liabilities
(23,016)
(81,216)
Capital and reserves
Share premium
100 
100 
Profit and loss account
(23,116)
(81,316)
Shareholders' funds
(23,016)
(81,216)
For the year ending 31 March 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 13 November 2024 and were signed on its behalf by
Yechezkel Michael Halberstadt Director Company Registration No. 13276889
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CATERHAM DEVELOPMENTS LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
CATERHAM DEVELOPMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13276889. The registered office is 81 BEWICK ROAD, GATESHEAD, TYNE AND WEAR, NE8 1RR, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
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.
4
Investment property
2024 
£ 
Fair value at 1 April 2023
600,000 
Disposals
(256,359)
At 31 March 2024
343,641 
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CATERHAM DEVELOPMENTS LIMITED Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,118 
1,427 
Trade debtors
16,373 
6,463 
Other debtors
100 
100 
17,591 
7,990 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
12,855 
4,535 
Other creditors
4,750 
6,250 
Loans from directors
4,519 
- 
Accruals
600 
600 
22,724 
11,385 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
1,547,661 
Other creditors
888,936 
534,995 
888,936 
2,082,656 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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