2023-05-01 10109878 2024-04-30 10109878 2023-05-01 2024-04-30 10109878 2023-04-30 10109878 2022-05-01 2023-04-30 10109878 uk-core:WithinOneYear 2023-04-30 10109878 uk-core:WithinOneYear 2024-04-30 10109878 uk-core:ShareCapital 2024-04-30 10109878 uk-core:ShareCapital 2023-04-30 10109878 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 10109878 uk-core:RetainedEarningsAccumulatedLosses 2023-04-30 10109878 uk-core:OtherMiscellaneousReserve 2024-04-30 10109878 uk-bus:Director1 2023-05-01 2024-04-30 10109878 uk-core:PlantMachinery 2023-05-01 2024-04-30 10109878 uk-core:ComputerEquipment 2023-05-01 2024-04-30 10109878 uk-core:CommercialMotorVehicles 2023-05-01 2024-04-30 10109878 uk-core:FurnitureFittings 2023-05-01 2024-04-30 10109878 uk-core:ComputerEquipment 2023-04-30 10109878 uk-core:FurnitureFittings 2023-04-30 10109878 uk-core:CommercialMotorVehicles 2023-04-30 10109878 uk-core:PlantMachinery 2023-04-30 10109878 uk-core:CommercialMotorVehicles 2024-04-30 10109878 uk-core:FurnitureFittings 2024-04-30 10109878 uk-core:ComputerEquipment 2024-04-30 10109878 uk-core:PlantMachinery 2024-04-30 iso4217:GBP xbrli:pure 10109878 uk-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10109878 uk-bus:FRS102 2023-05-01 2024-04-30 10109878 uk-bus:FilletedAccounts 2023-05-01 2024-04-30 10109878 uk-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30
Cader Kitchens Ltd
Registered Number:10109878
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
2
Registered Number :
10109878
As at 30 April 2024
Cader Kitchens Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
10,940
14,315
2
10,940
14,315
Current assets
Inventories
18,332
4,182
3
Trade and other receivables
7,132
6,569
4
285,772
Cash and cash equivalents
301,803
312,554
311,236
Trade and other payables: amounts falling due within one
year
(95,710)
(91,958)
5
215,526
220,596
Net current assets
Total assets less current liabilities
231,536
229,841
(2,079)
-
Provisions for liabilities
229,457
Net assets
229,841
Capital and reserves
Called up share capital
1
1
Retained earnings
229,455
229,839
Other reserves
1
1
229,457
229,841
Shareholders' funds
For the year ended 30 April 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 of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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Registered Number :
10109878
For the year ended 30 April 2024
Cader Kitchens Ltd
Statement of Financial Position Continued
A L Washbrook Director
These financial statements were approved and authorised for issue by the Board on 30 January 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 April 2024
Cader Kitchens Ltd
Notes to the Financial Statements
Statutory Information
Cader Kitchens Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 10109878.
Registered address:
The Old Creamery
Rhydymain
Dolgellau
Gwynedd
LL40 2AY
The presentation currency is £ sterling.
The principal activity of the company is that of kitchen, bathroom and bedroom furniture and equipment
suppliers.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of 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 costs convention
as modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. The company recognises revenue when the amount of revenue and related cost can be reliably measured and it is probable that the collectability of the related receivables is reasonably assured.
Property, plant and equipment
Tangible assets are stated in the Statement of Financial Position at cost less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is charged so as to write off the cost of assets, other than freehold land, over their estimated useful lives as follows:
Showroom Displays
Over 5 years Straight line
Over 3 years Straight line
Office Equipment & IT
Over 4 years Straight line
Motor Vehicles
Over 4 years Straight line
Furniture and Fittings
Inventories
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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5
For the year ended 30 April 2024
Cader Kitchens Ltd
Notes to the Financial Statements Continued
Taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except that a change attributable to an item of income or expense recognised as other comprehensive
income is also recognised directly in other comprehensive income.
Current Taxation
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or
substantively enacted by the reporting date in the countries where the company operates and generates
taxable income.
Deferred Taxation
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in
the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be
recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the
reporting date and that are expected to apply to the reversal of the timing difference.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual
arrangements entered into. An equity instrument is any contract that evidences a residual interest in the
assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar
debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are
presented as such in the Statement of Financial Position. Finance costs and gains or losses relating to
financial liabilities are included in the Income Statement. Finance costs are calculated so as to produce a
constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any items meeting the definition of a financial
liability then this is classed as an equity instrument. Dividends and distributions relating to equity
instruments are debited direct to equity.
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6
For the year ended 30 April 2024
Cader Kitchens Ltd
Notes to the Financial Statements Continued
Related party disclosures
For the purposes of these financial statements, a party is considered to be related to the company if:
(i) the party has the ability, directly or indirectly through one or more intermediaries, to control the
company or exercise significant influence over the company in making financial and operating policy decisions
or has joint control over the company;
(ii) the company and the party are subject to common control;
(iii) the party is an associate of the company or a joint venture in which the company is a venturer;
(iv) the party is a member of key management personnel of the company or a close family member of such
an individual or is an entity under the control, joint control or significant influence of such individuals;
(v) the party is a close family member of a party referred to in (i) above or is an entity under the control,
joint control or significant influence of such individuals;
(vi) the party is a post-employment benefit plan which is for the benefit of employees of the company or of
any entity that is a related party of the company; or
(vii) the party or any member of a group of which it is part, provides key management personnel services to
the company.
Close family members of an individual are those family members who may be expected to influence or be
influenced by that individual in their dealings with the entity.
2. Property, plant and equipment
Total
Office
Equipment & IT
Furniture and
Fittings
Motor Vehicles
Showroom
Displays
£
£
£
£
£
Cost or
valuation
At 01 May 2023
72,280
3,545
13,451
21,281
34,003
2,381
-
-
-
2,381
Additions
At 30 April 2024
21,281
13,451
3,545
74,661
36,384
Provision for depreciation and impairment
At 01 May 2023
57,965
3,541
13,435
21,279
19,710
Charge for year
5,756
-
-
-
5,756
At 30 April 2024
63,721
3,541
13,435
21,279
25,466
At 30 April 2024
Net book value
10,918
2
16
4
10,940
At 30 April 2023
14,293
2
16
4
14,315
3. Inventories
2023
2024
£
£
Stocks
4,182
18,332
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For the year ended 30 April 2024
Cader Kitchens Ltd
Notes to the Financial Statements Continued
4. Trade and other receivables
2023
2024
£
£
Trade debtors
5,129
5,972
Other debtors
1,440
1,160
7,132
6,569
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
68,213
75,541
Taxation and social security
16,175
15,355
Other creditors
7,570
4,814
91,958
95,710
6. Related party transactions
Included in note 5 to the financial statements, trade and other payables: amounts falling due within one year,
are the following amounts owed by the company at 30 April 2024:
Amounts owed to Directors - £664 (2023: £664)
Amounts owed to Directors are unsecured, interest free and repayable on demaand.
7. Subsequent events
In October 2024, the company became a wholly-owned subsidiary of Ambella Designs Ltd, a company registered in England and Wales.
8. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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