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Company Registration No. 11277589 (England and Wales)
Cavendish of London Limited Unaudited accounts for the year ended 30 June 2024
Cavendish of London Limited Unaudited accounts Contents
Page
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Cavendish of London Limited Company Information for the year ended 30 June 2024
Director
Stewart Tophill
Company Number
11277589 (England and Wales)
Registered Office
11-15a Lyon Road London SW19 2RL
Accountants
Warwick McArdle 55 Ellerton Road London SW18 3NQ
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Cavendish of London Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
1,312 
1,662 
Tangible assets
23,883 
46,747 
25,195 
48,409 
Current assets
Debtors
109,044 
89,210 
Cash at bank and in hand
21,014 
98,270 
130,058 
187,480 
Creditors: amounts falling due within one year
(99,519)
(99,713)
Net current assets
30,539 
87,767 
Total assets less current liabilities
55,734 
136,176 
Creditors: amounts falling due after more than one year
(20,097)
(51,779)
Provisions for liabilities
Deferred tax
(3,113)
(8,882)
Net assets
32,524 
75,515 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
32,424 
75,415 
Shareholders' funds
32,524 
75,515 
For the year ending 30 June 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 14 March 2025 and were signed on its behalf by
Stewart Tophill Director Company Registration No. 11277589
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Cavendish of London Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Cavendish of London Limited is a private company, limited by shares, registered in England and Wales, registration number 11277589. The registered office is 11-15a Lyon Road, London, SW19 2RL.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
5 years straight line
Motor vehicles
5 years straight line
Computer equipment
3 years straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Cavendish of London Limited Notes to the Accounts for the year ended 30 June 2024
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 July 2023
3,500 
At 30 June 2024
3,500 
Amortisation
At 1 July 2023
1,838 
Charge for the year
350 
At 30 June 2024
2,188 
Net book value
At 30 June 2024
1,312 
At 30 June 2023
1,662 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2023
129,226 
- 
4,033 
133,259 
Additions
- 
3,000 
1,499 
4,499 
At 30 June 2024
129,226 
3,000 
5,532 
137,758 
Depreciation
At 1 July 2023
83,159 
- 
3,353 
86,512 
Charge for the year
25,845 
600 
918 
27,363 
At 30 June 2024
109,004 
600 
4,271 
113,875 
Net book value
At 30 June 2024
20,222 
2,400 
1,261 
23,883 
At 30 June 2023
46,067 
- 
680 
46,747 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
118,296 
98,604 
Accrued income and prepayments
1,062 
- 
Other debtors
(10,314)
(9,394)
109,044 
89,210 
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Cavendish of London Limited Notes to the Accounts for the year ended 30 June 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
(920)
- 
VAT
37,802 
37,870 
Obligations under finance leases and hire purchase contracts
21,034 
15,195 
Trade creditors
23,081 
19,306 
Taxes and social security
7,863 
24,935 
Other creditors
8,778 
2,590 
Loans from directors
64 
(1,643)
Accruals
1,817 
1,460 
99,519 
99,713 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
20,097 
30,746 
Obligations under finance leases and hire purchase contracts
- 
21,033 
20,097 
51,779 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Loans to directors
At the year end the company owed the director £64 (2023: The director owed the company £1,643).
11
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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