IRIS Accounts Production v24.3.2.46 06055810 director 1.3.23 29.2.24 29.2.24 false true false false false true false Ordinary 1.00000 Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh060558102023-02-28060558102024-02-29060558102023-03-012024-02-29060558102022-02-28060558102022-03-012023-02-28060558102023-02-2806055810ns15:EnglandWales2023-03-012024-02-2906055810ns14:PoundSterling2023-03-012024-02-2906055810ns10:Director12023-03-012024-02-2906055810ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2906055810ns10:SmallEntities2023-03-012024-02-2906055810ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2906055810ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2906055810ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2906055810ns10:AbridgedAccounts2023-03-012024-02-290605581012023-03-012024-02-2906055810ns10:OrdinaryShareClass12023-03-012024-02-2906055810ns10:RegisteredOffice2023-03-012024-02-2906055810ns5:CurrentFinancialInstruments2024-02-2906055810ns5:CurrentFinancialInstruments2023-02-2806055810ns5:Non-currentFinancialInstruments2024-02-2906055810ns5:Non-currentFinancialInstruments2023-02-2806055810ns5:ShareCapital2024-02-2906055810ns5:ShareCapital2023-02-2806055810ns5:RetainedEarningsAccumulatedLosses2024-02-2906055810ns5:RetainedEarningsAccumulatedLosses2023-02-2806055810ns5:NetGoodwill2023-03-012024-02-2906055810ns5:LongLeaseholdAssetsns5:LandBuildings2023-03-012024-02-2906055810ns5:PlantMachinery2023-03-012024-02-2906055810ns5:FurnitureFittings2023-03-012024-02-2906055810ns5:ComputerEquipment2023-03-012024-02-2906055810ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-02-2906055810ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-02-2806055810ns5:MoreThanFiveYears2024-02-2906055810ns5:MoreThanFiveYears2023-02-2806055810ns10:OrdinaryShareClass12024-02-29
REGISTERED NUMBER: 06055810 (England and Wales)












Unaudited Financial Statements

for the Year Ended 29 February 2024

for

CAJ Ltd

CAJ Ltd (Registered number: 06055810)

Contents of the Financial Statements
for the Year Ended 29 February 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


CAJ Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTOR: Mrs F M Gubb





REGISTERED OFFICE: The White House
Roundswell Hill
Barnstaple
Devon
EX31 3NP





REGISTERED NUMBER: 06055810 (England and Wales)





ACCOUNTANTS: R T Marke & Co Ltd
Chartered Accountants
69 High Street
Bideford
Devon
EX39 2AT

CAJ Ltd (Registered number: 06055810)

Abridged Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 21,592 28,592
Tangible assets 6 13,915 16,493
35,507 45,085

CURRENT ASSETS
Stocks 104,667 110,653
Debtors 7 13,294 7,840
Cash at bank and in hand 40,127 74,247
158,088 192,740
CREDITORS
Amounts falling due within one year 166,880 224,972
NET CURRENT LIABILITIES (8,792 ) (32,232 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,715

12,853

CREDITORS
Amounts falling due after more than one
year

8

(32,300

)

(37,627

)

PROVISIONS FOR LIABILITIES - (1,339 )
NET LIABILITIES (5,585 ) (26,113 )

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings (6,585 ) (27,113 )
SHAREHOLDERS' FUNDS (5,585 ) (26,113 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

CAJ Ltd (Registered number: 06055810)

Abridged Balance Sheet - continued
29 February 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 29 February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 February 2025 and were signed by:





Mrs F M Gubb - Director


CAJ Ltd (Registered number: 06055810)

Notes to the Financial Statements
for the Year Ended 29 February 2024


1. STATUTORY INFORMATION

CAJ 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.

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


2. STATEMENT OF COMPLIANCE

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. There were no material departures from that standard.

3. ACCOUNTING POLICIES

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

The principal accounting policies adopted in the preparation of the financial statements are set out below and remain unchanged from the previous period, and also have been consistently applied within the same accounts.

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

Goodwill
Goodwill representing the excess of the purchase price over the fair value of the net assets of undertakings acquired is capitalised in the balance sheet and is amortised by equal annual instalments over the expected useful economic life of 20 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - Straight line over 10 years
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial instruments with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs.


CAJ Ltd (Registered number: 06055810)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern
The company has retained losses of £6,585 (2023 - £27,113). It also has net current liabilities, after deducting deferred tax assets, of £8,980 (2023 - £32,232).and net liabilities of £5,585 (2023 - £26,113).

The company is reliant on the continuing financial support of its creditors and while there are no reasons to doubt that this support will continue, inherently there can be no certainty in relation to these matters. On this basis, and having regard to the company's anticipated future revenues and costs including repayment of debt where appropriate, together with the expected availability of working capital, the director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from an inability to meet obligations as they fall due.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 3 ) .

CAJ Ltd (Registered number: 06055810)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


5. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2023
and 29 February 2024 140,000
AMORTISATION
At 1 March 2023 111,408
Amortisation for year 7,000
At 29 February 2024 118,408
NET BOOK VALUE

At 29 February 2024 21,592
At 28 February 2023 28,592

6. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2023 101,021
Additions 54
At 29 February 2024 101,075
DEPRECIATION
At 1 March 2023 84,528
Charge for year 2,632
At 29 February 2024 87,160
NET BOOK VALUE
At 29 February 2024 13,915
At 28 February 2023 16,493


7. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other debtors 188 -

CAJ Ltd (Registered number: 06055810)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2024 2023
£    £   
Repayable by instalments
Bank loans due after 5 years 9,600 16,427

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000