Silverfin false false 31/10/2024 01/11/2023 31/10/2024 Catherine Causebrook 25/06/2020 James Nicholas Causebrook 07/04/2018 Samantha Laurin Smith 25/06/2020 05 March 2025 The principal activity of the Company in the year under review was that of agents for a manufacturer of food labelling machinery. 06929282 2024-10-31 06929282 bus:Director1 2024-10-31 06929282 bus:Director2 2024-10-31 06929282 bus:Director3 2024-10-31 06929282 2023-10-31 06929282 core:CurrentFinancialInstruments 2024-10-31 06929282 core:CurrentFinancialInstruments 2023-10-31 06929282 core:Non-currentFinancialInstruments 2024-10-31 06929282 core:Non-currentFinancialInstruments 2023-10-31 06929282 core:ShareCapital 2024-10-31 06929282 core:ShareCapital 2023-10-31 06929282 core:RetainedEarningsAccumulatedLosses 2024-10-31 06929282 core:RetainedEarningsAccumulatedLosses 2023-10-31 06929282 core:OtherPropertyPlantEquipment 2023-10-31 06929282 core:OtherPropertyPlantEquipment 2024-10-31 06929282 bus:OrdinaryShareClass1 2024-10-31 06929282 2023-11-01 2024-10-31 06929282 bus:FilletedAccounts 2023-11-01 2024-10-31 06929282 bus:SmallEntities 2023-11-01 2024-10-31 06929282 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 06929282 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 06929282 bus:Director1 2023-11-01 2024-10-31 06929282 bus:Director2 2023-11-01 2024-10-31 06929282 bus:Director3 2023-11-01 2024-10-31 06929282 core:OtherPropertyPlantEquipment 2023-11-01 2024-10-31 06929282 2022-11-01 2023-10-31 06929282 core:Non-currentFinancialInstruments 2023-11-01 2024-10-31 06929282 bus:OrdinaryShareClass1 2023-11-01 2024-10-31 06929282 bus:OrdinaryShareClass1 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 06929282 (England and Wales)

CAUSEBROOK SMITH LIMITED

Unaudited Financial Statements
For the financial year ended 31 October 2024
Pages for filing with the registrar

CAUSEBROOK SMITH LIMITED

Unaudited Financial Statements

For the financial year ended 31 October 2024

Contents

CAUSEBROOK SMITH LIMITED

COMPANY INFORMATION

For the financial year ended 31 October 2024
CAUSEBROOK SMITH LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 October 2024
DIRECTORS Catherine Causebrook
James Nicholas Causebrook
Samantha Laurin Smith
REGISTERED OFFICE 18 Northgate
Sleaford
NG34 7BJ
United Kingdom
BUSINESS ADDRESS Unit 1
Blankney Grange
Off Longwood Lane
Blankney
Lincoln
LN4 3BD
COMPANY NUMBER 06929282 (England and Wales)
ACCOUNTANT Duncan & Toplis Limited
18 Northgate
Sleaford
Lincolnshire
NG34 7BJ
CAUSEBROOK SMITH LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 October 2024
CAUSEBROOK SMITH LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 October 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 607 808
607 808
Current assets
Debtors 4 101,224 101,217
Cash at bank and in hand 2,058 2,745
103,282 103,962
Creditors: amounts falling due within one year 5 ( 102,301) ( 93,034)
Net current assets 981 10,928
Total assets less current liabilities 1,588 11,736
Creditors: amounts falling due after more than one year 6 ( 6,106) ( 16,514)
Net liabilities ( 4,518) ( 4,778)
Capital and reserves
Called-up share capital 7 100 100
Profit and loss account ( 4,618 ) ( 4,878 )
Total shareholders' deficit ( 4,518) ( 4,778)

For the financial year ending 31 October 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Causebrook Smith Limited (registered number: 06929282) were approved and authorised for issue by the Board of Directors on 05 March 2025. They were signed on its behalf by:

James Nicholas Causebrook
Director
CAUSEBROOK SMITH LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2024
CAUSEBROOK SMITH LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Causebrook Smith Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 18 Northgate, Sleaford, NG34 7BJ, United Kingdom. The principal place of business is Unit 1, Blankney Grange, Off Longwood Lane, Blankney, Lincoln, LN4 3BD.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

Whilst the company has negative shareholder funds, the accounts have been prepared on a going concern basis as the Director's have agreed to support the financial needs of the company. On this basis it is considered the company can successfully trade.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. 25 % reducing balance

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 3 3

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 November 2023 3,408 3,408
At 31 October 2024 3,408 3,408
Accumulated depreciation
At 01 November 2023 2,600 2,600
Charge for the financial year 201 201
At 31 October 2024 2,801 2,801
Net book value
At 31 October 2024 607 607
At 31 October 2023 808 808

4. Debtors

2024 2023
£ £
Amounts owed by Group undertakings 101,108 101,108
Other debtors 116 109
101,224 101,217

5. Creditors: amounts falling due within one year

2024 2023
£ £
Bank loans 10,355 10,098
Amounts owed to Group undertakings 85,375 76,675
Other taxation and social security 4,600 4,500
Other creditors 1,971 1,761
102,301 93,034

6. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans 6,106 16,514

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100

8. Related party transactions

Transactions with the entity's directors

2024 2023
£ £
At the year-end date, the company owed J Causebrook 663 663

The loan is unsecured, interest free and repayable on demand.