Company Registration No. 02785354 (England and Wales)
Cam Nic Limited
Unaudited accounts
for the year ended 31 January 2024
Cam Nic Limited
Unaudited accounts
Contents
Cam Nic Limited
Company Information
for the year ended 31 January 2024
Directors
Terrence Stanley Lewis Mucklow
Phillip Edward Mucklow
Company Number
02785354 (England and Wales)
Registered Office
Unit 5 Station Industrial Estate
The Homend
Ledbury
HR8 1AR
England
Accountants
The Practice - Chartered Management Accountants
2 New Street
Ledbury
Herefordshire
HR8 2DX
Cam Nic Limited
Statement of financial position
as at 31 January 2024
Tangible assets
30,373
38,726
Cash at bank and in hand
44,745
55,244
Creditors: amounts falling due within one year
(37,113)
(44,094)
Net current assets
60,811
63,227
Total assets less current liabilities
91,184
101,953
Creditors: amounts falling due after more than one year
(4,793)
(9,080)
Called up share capital
100
100
Profit and loss account
86,291
92,773
Shareholders' funds
86,391
92,873
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 12 December 2024 and were signed on its behalf by
Phillip Edward Mucklow
Director
Company Registration No. 02785354
Cam Nic Limited
Notes to the Accounts
for the year ended 31 January 2024
Cam Nic Limited is a private company, limited by shares, registered in England and Wales, registration number 02785354. The registered office is Unit 5 Station Industrial Estate, The Homend, Ledbury, HR8 1AR, England.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and 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% Reducing Balance
Motor vehicles
15% Reducing Balance
2023 Comparative Restated
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2023
73,993
54,362
128,355
At 31 January 2024
73,993
54,362
128,355
At 1 February 2023
60,702
28,927
89,629
Charge for the year
1,994
6,359
8,353
At 31 January 2024
62,696
35,286
97,982
At 31 January 2024
11,297
19,076
30,373
At 28 February 2023
13,291
25,435
38,726
Cam Nic Limited
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Trade debtors
16,562
15,460
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,372
4,158
Trade creditors
16,429
18,945
Taxes and social security
11,781
20,991
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 8 (2023: 9).