Company Registration No. 06254375 (England and Wales)
CAD Visuals Ltd
Unaudited accounts
for the year ended 31 May 2024
CAD Visuals Ltd
Unaudited accounts
Contents
CAD Visuals Ltd
Company Information
for the year ended 31 May 2024
Director
Gareth John Williams
Company Number
06254375 (England and Wales)
Registered Office
6 Queens Wood Drive
Hereford
Herefordshire
HR1 1AT
England
CAD Visuals Ltd
Statement of financial position
as at 31 May 2024
Intangible assets
3,251
4,063
Cash at bank and in hand
3,719
6,741
Creditors: amounts falling due within one year
(7,267)
(13,802)
Net current assets
2,491
4,913
Total assets less current liabilities
7,206
9,880
Creditors: amounts falling due after more than one year
1,993
-
Called up share capital
100
100
Profit and loss account
9,099
9,780
Shareholders' funds
9,199
9,880
For the year ending 31 May 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 7 February 2025 and were signed on its behalf by
Gareth John Williams
Director
Company Registration No. 06254375
CAD Visuals Ltd
Notes to the Accounts
for the year ended 31 May 2024
CAD Visuals Ltd is a private company, limited by shares, registered in England and Wales, registration number 06254375. The registered office is 6 Queens Wood Drive, Hereford, Herefordshire, HR1 1AT, 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 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
33% Standard
Fixtures & fittings
33% Standard
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
CAD Visuals Ltd
Notes to the Accounts
for the year ended 31 May 2024
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
2,007
888
77
2,972
At 31 May 2024
2,007
638
1,126
3,771
At 1 June 2023
1,705
363
-
2,068
Charge for the year
64
43
141
248
At 31 May 2024
1,769
397
141
2,307
At 31 May 2024
238
241
985
1,464
At 31 May 2023
302
525
77
904
Amounts falling due within one year
Trade debtors
6,039
11,974
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,604
-
Trade creditors
2,973
2,230
Taxes and social security
3,136
6,390
Proposed dividends
-
2,000
Loans from directors
(6,998)
(1,993)
8
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
(1,993)
-
Creditor amounts greater than 1 year relate to a directors loan that was subject to S.455 in 2023.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).