Company Registration No. 2100983 (England and Wales)
CASHCADE (INGOLDMELLS) LIMITED
Unaudited accounts
for the year ended 31 December 2024
CASHCADE (INGOLDMELLS) LIMITED
Unaudited accounts
Contents
CASHCADE (INGOLDMELLS) LIMITED
Company Information
for the year ended 31 December 2024
Company Number
2100983 (England and Wales)
Registered Office
The Downshire
71 Boldwins Lane, Croxley Green
Rickmansworth
Herts
WD3 3LT
United Kingdom
Accountants
Dempsey & Co
The Downshire
71 Baldwins Lane Croxley Green
Rickmansworth
Herts
WD3 3LT
CASHCADE (INGOLDMELLS) LIMITED
Statement of financial position
as at 31 December 2024
Tangible assets
113,657
148,369
Cash at bank and in hand
117,471
139,857
Creditors: amounts falling due within one year
(61,350)
(85,359)
Net current assets
66,207
62,857
Total assets less current liabilities
179,864
211,226
Creditors: amounts falling due after more than one year
(20,267)
(24,267)
Provisions for liabilities
Deferred tax
(21,017)
(27,612)
Net assets
138,580
159,347
Called up share capital
100
100
Profit and loss account
138,480
159,247
Shareholders' funds
138,580
159,347
For the year ending 31 December 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 her 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 3 March 2025 and were signed on its behalf by
Ms. G. Malkinson
Director
Company Registration No. 2100983
CASHCADE (INGOLDMELLS) LIMITED
Notes to the Accounts
for the year ended 31 December 2024
CASHCADE (INGOLDMELLS) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 2100983. The registered office is The Downshire, 71 Boldwins Lane, Croxley Green, Rickmansworth, Herts, WD3 3LT, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents net invoiced sales of goods and services to customers, excluding
Value Added Tax.
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:
Land & buildings
10% straight line
Plant & machinery
25% straight line
Fixtures & fittings
25% reducing balance
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.
These financial statements have been prepared on a going concern basis.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
CASHCADE (INGOLDMELLS) LIMITED
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
24,781
387,884
78,490
491,155
At 31 December 2024
24,781
387,884
81,681
494,346
At 1 January 2024
24,781
284,091
33,914
342,786
Charge for the year
-
25,958
11,945
37,903
At 31 December 2024
24,781
310,049
45,859
380,689
At 31 December 2024
-
77,835
35,822
113,657
At 31 December 2023
-
103,793
44,576
148,369
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,400
5,400
Trade creditors
30,491
42,657
Other creditors
18,264
9,045
Loans from directors
7,195
28,257
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
The company voted dividends of £Nil (2023-£5000) to Mr. W. Hussey during the year. Who was a director and a shareholder.
10
Average number of employees
During the year the average number of employees was 2 (2023: 3).