IRIS Accounts Production v24.3.2.46 04792264 director 1.7.23 30.6.24 30.6.24 true false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh047922642023-06-30047922642024-06-30047922642023-07-012024-06-30047922642022-06-30047922642022-07-012023-06-30047922642023-06-3004792264ns15:EnglandWales2023-07-012024-06-3004792264ns14:PoundSterling2023-07-012024-06-3004792264ns10:Director12023-07-012024-06-3004792264ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3004792264ns10:SmallEntities2023-07-012024-06-3004792264ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3004792264ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3004792264ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3004792264ns10:FullAccounts2023-07-012024-06-3004792264ns5:CurrentFinancialInstruments2024-06-3004792264ns5:CurrentFinancialInstruments2023-06-3004792264ns5:ShareCapital2024-06-3004792264ns5:ShareCapital2023-06-3004792264ns5:FurtherSpecificReserve3ComponentTotalEquity2024-06-3004792264ns5:FurtherSpecificReserve3ComponentTotalEquity2023-06-3004792264ns5:RetainedEarningsAccumulatedLosses2024-06-3004792264ns5:RetainedEarningsAccumulatedLosses2023-06-3004792264ns5:CostValuation2023-06-3004792264ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3004792264ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3004792264ns5:FurtherSpecificReserve3ComponentTotalEquity2023-06-30
REGISTERED NUMBER: 04792264 (England and Wales)















CADMAN 2003 LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 JUNE 2024






CADMAN 2003 LIMITED (REGISTERED NUMBER: 04792264)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Balance Sheet 1 to 2

Notes to the Financial Statements 3 to 5


CADMAN 2003 LIMITED (REGISTERED NUMBER: 04792264)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investments 4 60,000 60,000
Investment property 5 1,890,000 1,890,000
1,950,000 1,950,000

CURRENT ASSETS
Debtors 6 44,774 17,855
Cash at bank 563,360 875,610
608,134 893,465
CREDITORS
Amounts falling due within one year 7 (91,950 ) (96,896 )
NET CURRENT ASSETS 516,184 796,569
TOTAL ASSETS LESS CURRENT LIABILITIES 2,466,184 2,746,569

PROVISIONS FOR LIABILITIES (212,149 ) (161,233 )
NET ASSETS 2,254,035 2,585,336

CAPITAL AND RESERVES
Called up share capital 1,000,000 1,000,000
Fair value reserve 8 816,106 867,022
Retained earnings 437,929 718,314
SHAREHOLDERS' FUNDS 2,254,035 2,585,336

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CADMAN 2003 LIMITED (REGISTERED NUMBER: 04792264)

BALANCE SHEET - continued
30 JUNE 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 director and authorised for issue on 27 March 2025 and were signed by:





Mr N J Cadman - Director


CADMAN 2003 LIMITED (REGISTERED NUMBER: 04792264)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Cadman 2003 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 financial statements are prepared in sterling which is the functional currency of the company. Values in these financial statements are rounded to the nearest pound.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small
Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and
Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the
historical cost convention as modified by the revaluation of certain assets.

Consolidation
In the opinion of the directors, the company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group accounts.

Turnover
The turnover shown in the profit and loss account represents rental income and other amounts receivable for the year.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment properties
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.


CADMAN 2003 LIMITED (REGISTERED NUMBER: 04792264)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


2. ACCOUNTING POLICIES - continued
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.

Financial instruments
Basic financial instruments are included at amortised cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2023
and 30 June 2024 60,000
NET BOOK VALUE
At 30 June 2024 60,000
At 30 June 2023 60,000

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 1,890,000
NET BOOK VALUE
At 30 June 2024 1,890,000
At 30 June 2023 1,890,000

CADMAN 2003 LIMITED (REGISTERED NUMBER: 04792264)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


5. INVESTMENT PROPERTY - continued

The fair value at the balance sheet date represents the Directors' opinion of a fair representation of the open market valuation as at 30 June 2024. The original cost of the properties was £861,745.


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 29,535 15,121
Amounts owed by group undertakings 9,094 -
Other debtors 3,264 -
Prepayments and accrued income 2,881 2,734
44,774 17,855

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 8,212 7,022
Amounts owed to group undertakings - 4,711
Corporation tax 27,118 28,651
Other creditors 6,000 6,000
Accruals and deferred income 50,620 50,512
91,950 96,896

8. RESERVES
Fair
value
reserve
£   
At 1 July 2023 867,022
Deferred tax adjustment (50,916 )

At 30 June 2024 816,106