Cashbrokers (Retail) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 07769156

Unaudited Financial Statements for the Year Ended 30 November 2024

for

Cashbrokers (Retail) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P H Smit

REGISTERED OFFICE:

Britannia Court

5 Moor Street

Worcester

Worcestershire

WR3 1DB

REGISTERED NUMBER:

07769156

ACCOUNTANTS:

Boyds Accountants

Britannia Court

5 Moor Street

Worcester

Worcestershire

WR1 3DB

FIXED ASSETS

Tangible assets

4

500

800

CURRENT ASSETS

Stocks

5

35,301

59,811

Debtors

6

10,139

36,055

Prepayments and accrued income

-

8,125

Cash at bank and in hand

19,591

21,479

65,031

125,470

CREDITORS

Amounts falling due within one year

7

16,731

55,675

NET CURRENT ASSETS

48,300

69,795

TOTAL ASSETS LESS CURRENT
LIABILITIES

48,800

70,595

CREDITORS

Amounts falling due after more than one
year

8

27,778

33,151

NET ASSETS

21,022

37,444

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

20,922

37,344

SHAREHOLDERS' FUNDS

21,022

37,444

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 17 March 2025 and were signed by:

P H Smit - Director

1.	STATUTORY INFORMATION

Cashbrokers (Retail) Ltd is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 4 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 December 2023

and 30 November 2024

1,407

DEPRECIATION

At 1 December 2023

607

Charge for year

300

At 30 November 2024

907

NET BOOK VALUE

At 30 November 2024

500

At 30 November 2023

800

5.

STOCKS

30.11.24

30.11.23

£

Stocks

35,301

59,811

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

Trade debtors

10,139

29,455

Other debtors

-

6,600

10,139

36,055

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

Bank loans and overdrafts

4,270

13,954

Trade creditors

-

1,190

Tax

3,294

2,799

Social security and other taxes

2,409

443

VAT

4,239

2,970

Other creditors

-

1,889

Directors' current accounts

65

24,480

Accrued expenses

2,454

7,950

16,731

55,675

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.11.24

30.11.23

£

Bank loans - 1-2 years

4,167

Bank loans - 2-5 years

12,500

Bank loans more 5 yr by instal

11,111

16,484

27,778

33,151

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

11,111

16,484

9.	ULTIMATE CONTROLLING PARTY

The controlling party is P H Smit.