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REGISTERED NUMBER: 01384707 (England and Wales)
























REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

CAMBRIDGE DYNAMICS LIMITED

CAMBRIDGE DYNAMICS LIMITED (REGISTERED NUMBER: 01384707)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2024










Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 5


CAMBRIDGE DYNAMICS LIMITED

COMPANY INFORMATION
For The Year Ended 30 September 2024







DIRECTORS: A J Becker
A J Becker





REGISTERED OFFICE: 4 Office Village
Forder Way
Cygnet Park, Hampton
Peterborough
Cambridgeshire
PE7 8GX





REGISTERED NUMBER: 01384707 (England and Wales)





ACCOUNTANTS: TC CH Limited
4 Office Village
Forder Way
Cygnet Park, Hampton
Peterborough
Cambridgeshire
PE7 8GX

CAMBRIDGE DYNAMICS LIMITED (REGISTERED NUMBER: 01384707)

REPORT OF THE DIRECTORS
For The Year Ended 30 September 2024


The directors present their report with the financial statements of the company for the year ended 30 September 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of design, assembly, sale and hire of specialised machines and fume extraction equipment for industry.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 October 2023 to the date of this report.

A J Becker
A J Becker

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





A J Becker - Director


14 February 2025

CAMBRIDGE DYNAMICS LIMITED (REGISTERED NUMBER: 01384707)

BALANCE SHEET
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 197,202 194,456

CURRENT ASSETS
Stocks 5 727,946 683,186
Debtors 6 127,478 73,623
Cash at bank 67 66
855,491 756,875
CREDITORS
Amounts falling due within one year 7 424,464 321,161
NET CURRENT ASSETS 431,027 435,714
TOTAL ASSETS LESS CURRENT LIABILITIES 628,229 630,170

CREDITORS
Amounts falling due after more than one
year

8

(266,006

)

(330,701

)

PROVISIONS FOR LIABILITIES 11 (42,217 ) (40,601 )
NET ASSETS 320,006 258,868

CAPITAL AND RESERVES
Called up share capital 12 450,110 450,110
Revaluation reserve 178,930 178,930
Retained earnings (309,034 ) (370,172 )
SHAREHOLDERS' FUNDS 320,006 258,868

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 DYNAMICS LIMITED (REGISTERED NUMBER: 01384707)

BALANCE SHEET - continued
30 September 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 14 February 2025 and were signed on its behalf by:





A J Becker - Director


CAMBRIDGE DYNAMICS LIMITED (REGISTERED NUMBER: 01384707)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2024


1. STATUTORY INFORMATION

Cambridge Dynamics Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

No significant judgements (apart from those involving estimations) have been made by management in the process of applying the entity's accounting policies and preparing these financial statements.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There have been no key assumptions or there sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences have been fully amortised in the current year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

At each balance sheet date assets not carried at fair value are assessed to determine whether there is an indication that the asset may be impaired. If there is such an indication the recoverable amount of the asset is compared to the carrying amount of the asset.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

CAMBRIDGE DYNAMICS LIMITED (REGISTERED NUMBER: 01384707)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


2. ACCOUNTING POLICIES - continued

Financial instruments
The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and are measured at amortised cost. Taxation and social security and not included in the financial instruments disclosure definition.

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.

Hire purchase and leasing commitments
The company currently has 4 fixed term rental commitments for Motor Vehicles and Plant & Machinery.

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.

Debtors
Short term debtors are initially measured at transaction price less attributable costs and then subsequently measured at amortised costs using EIR. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are initially measured at transaction price less attributable costs. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 13 ) .

CAMBRIDGE DYNAMICS LIMITED (REGISTERED NUMBER: 01384707)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 October 2023 5,650 310,568 40,527 43,912 400,657
Additions - - 2,751 48,990 51,741
At 30 September 2024 5,650 310,568 43,278 92,902 452,398
DEPRECIATION
At 1 October 2023 5,650 158,639 25,445 16,467 206,201
Charge for year - 30,387 2,561 16,047 48,995
At 30 September 2024 5,650 189,026 28,006 32,514 255,196
NET BOOK VALUE
At 30 September 2024 - 121,542 15,272 60,388 197,202
At 30 September 2023 - 151,929 15,082 27,445 194,456

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 October 2023 46,148 43,912 90,060
Additions - 48,990 48,990
At 30 September 2024 46,148 92,902 139,050
DEPRECIATION
At 1 October 2023 12,921 16,467 29,388
Charge for year 6,645 16,047 22,692
At 30 September 2024 19,566 32,514 52,080
NET BOOK VALUE
At 30 September 2024 26,582 60,388 86,970
At 30 September 2023 33,227 27,445 60,672

5. STOCKS
2024 2023
£    £   
Stocks 727,946 683,186

CAMBRIDGE DYNAMICS LIMITED (REGISTERED NUMBER: 01384707)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 59,938 30,112
Amounts owed by group undertakings 80 -
Tax 27,981 13,368
VAT 7,574 -
Prepayments 31,905 30,143
127,478 73,623

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 9) 64,207 59,044
Other loans (see note 9) 39,366 40,000
Hire purchase contracts 26,468 19,009
Trade creditors 257,375 127,946
Social security and other taxes 23,165 49,847
Pension Control Account 2,899 2,670
VAT - 4,323
Directors' current accounts 8,884 16,382
Accruals 2,100 1,940
424,464 321,161

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other loans (see note 9) - 40,900
Hire purchase contracts 63,085 44,604
Amounts owed to participating
interests 202,921 245,197
266,006 330,701

9. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 19,824 12,490
Bank loans 44,383 46,554
CBILS loan < 1ys 39,366 40,000
103,573 99,044

Amounts falling due between two and five years:
CBILS loans-2-5 years - 40,900

CAMBRIDGE DYNAMICS LIMITED (REGISTERED NUMBER: 01384707)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdrafts 19,824 12,490
Hire purchase contracts 89,553 63,613
109,377 76,103

The bank borrowings are secured by a fixed and floating charge over the assets of the company.

11. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 42,217 40,601

Deferred
tax
£   
Balance at 1 October 2023 40,601
Provided during year 1,616
Balance at 30 September 2024 42,217

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary "A" £1 100 100
10 Ordinary "B" £1 10 10
450,000 Ordinary "C" £1 450,000 450,000
450,110 450,110

13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The closing balance on the directors loan account at the balance sheet date was £8,884 (2023: £16,382) in the directors favour. This loan is unsecured, interest free and repayable on demand.

14. RELATED PARTY DISCLOSURES

As at the year end, the company owed £202,921 (2023 - £245,197) to Cambridge Automation Ltd. This loan is unsecured, interest free and repayable on demand. The balance is included within other creditors.

As at the year end, the company was owed £40 by Cambridge Dynamics Manufacturing Ltd. This loan is unsecured, interest free and repayable on demand. The balance is included within other debtors.

As at the year end, the company was owed £40 by Cambridge Dynamics Precision Presses Ltd. This loan is unsecured, interest free and repayable on demand. The balance is included within other debtors.

CAMBRIDGE DYNAMICS LIMITED (REGISTERED NUMBER: 01384707)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024


15. ULTIMATE CONTROLLING PARTY

The company is controlled by Camdyn Automation Ltd by virtue of its shareholding.