ACCOUNTS - Final Accounts

Registered number: 07302504

CAMBERTON ASSOCIATES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024


CAMBERTON ASSOCIATES LIMITED

CONTENTS

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2 - 4


CAMBERTON ASSOCIATES LIMITED REGISTERED NUMBER:07302504

STATEMENT OF FINANCIAL POSITION

AS AT 31 JULY 2024

		2024		2023
Note		£		£

Fixed assets
Tangible fixed assets	4		-		-
Investments	5		98,197		98,197
			98,197		98,197
Current assets
Debtors: amounts falling due within one year	6	75,185		132,399
Cash at bank and in hand		28,776		23,222
		103,961		155,621
Current liabilities
Creditors: amounts falling due within one year	7	(185,042)		(184,906)
Net current liabilities			(81,081)		(29,285)
Net assets			17,116		68,912

Capital and reserves
Called up share capital	8	100	100
Profit and loss account		17,016	68,812
		17,116	68,912

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 4 April 2025.

Mark Davies

Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1


CAMBERTON ASSOCIATES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

1.	General information

Camberton Associates Limited is a private limited liability company registered in England and Wales, with its registered and business office address at 20 Church Road, London, SW13 9HN.
The principal activity of the Company is that of an investment company.
The functional and presentational currency of the Company is £ Sterling.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The following principal accounting policies have been applied:

2.2

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Computer equipment

33%

reducing balance basis

2.3

Valuation of investments

Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

2.4

Debtors

Short term debtors are measured at the transaction price, less any impairment.

2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions.

2.6

Creditors

Short term creditors are measured at the transaction price.

2.7

Interest income

Interest income is recognised in the Statement of Comprehensive Income using the effective interest method.

Page 2


CAMBERTON ASSOCIATES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

2.8

Taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.9

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 3).

4.	Tangible fixed assets

		Computer equipment
		£
	Cost
	At 1 August 2023	11,460
	Disposals	(11,460)
	At 31 July 2024	-
	Depreciation
	At 1 August 2023	11,460
	Disposals	(11,460)
	At 31 July 2024	-
	Net book value
	At 31 July 2024	-
	At 31 July 2023	-

Page 3


CAMBERTON ASSOCIATES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

5.	Fixed asset investments

		Unlisted investments
		£
	Cost
	At 1 August 2023	98,197
	At 31 July 2024	98,197

Debtors

					2024	2023
					£	£

Other debtors	185	614
Short-term loans receivable	75,000	131,785
	75,185	132,399

7.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Trade creditors	204	68
Other creditors	182,638	182,638
Accruals and deferred income	2,200	2,200
	185,042	184,906

8.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

100 Ordinary shares of £1 each	100	100

Page 4