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REGISTERED NUMBER: 11974749 (England and Wales)
















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Cambridge Building Surveyors Ltd

Cambridge Building Surveyors Ltd (Registered number: 11974749)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cambridge Building Surveyors Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Mrs N Ashton
M D Ashton





REGISTERED OFFICE: Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN





BUSINESS ADDRESS: Future Business Centre
King Hedges Road
Cambridge
Cambridgeshire
CB4 2HY





REGISTERED NUMBER: 11974749 (England and Wales)





ACCOUNTANTS: Hardcastle Burton LLP
Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN

Cambridge Building Surveyors Ltd (Registered number: 11974749)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,140 6,008

CURRENT ASSETS
Debtors 5 27,994 10,975
Cash at bank 32,716 29,809
60,710 40,784
CREDITORS
Amounts falling due within one year 6 48,854 40,624
NET CURRENT ASSETS 11,856 160
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,996

6,168

PROVISIONS FOR LIABILITIES 930 1,029
NET ASSETS 16,066 5,139

CAPITAL AND RESERVES
Called up share capital 7 20 20
Retained earnings 16,046 5,119
SHAREHOLDERS' FUNDS 16,066 5,139

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Building Surveyors Ltd (Registered number: 11974749)

Balance Sheet - continued
31 May 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 13 January 2025 and were signed on its behalf by:





M D Ashton - Director


Cambridge Building Surveyors Ltd (Registered number: 11974749)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Cambridge Building Surveyors Ltd 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" and the Companies Act 2006.

The financial statements have been prepared under the historical cost convention.

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 each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets
Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors and loans that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.


Cambridge Building Surveyors Ltd (Registered number: 11974749)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued
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.

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 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2023 7,031 5,075 12,106
Additions - 677 677
At 31 May 2024 7,031 5,752 12,783
DEPRECIATION
At 1 June 2023 4,247 1,851 6,098
Charge for year 696 849 1,545
At 31 May 2024 4,943 2,700 7,643
NET BOOK VALUE
At 31 May 2024 2,088 3,052 5,140
At 31 May 2023 2,784 3,224 6,008

Cambridge Building Surveyors Ltd (Registered number: 11974749)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 8,748 1,962
Other debtors 11,873 447
Prepayments and accrued income 7,373 8,566
27,994 10,975

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 403 265
Trade creditors 7,816 14,456
Tax 22,320 13,632
Social security and other taxes - 570
VAT 7,869 8,827
Other creditors 2,964 -
Directors' loan accounts 2,454 847
Accrued expenses 5,028 2,027
48,854 40,624

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
10 Ordinary A £1 10 10
10 Ordinary B £1 10 10
20 20

8. PENSION COMMITMENTS

The pension cost charge represents contributions payable by the company to the fund and amounted to £1,824 (2023: NIL). At the end of the year 31 May 2024 there was a balance of £1,824 (2023: £NIL) outstanding to be paid.