Company Registration No. NI623531 (Northern Ireland)
Cadshare Technology Limited
Unaudited accounts
for the year ended 31 March 2025
Cadshare Technology Limited
Unaudited accounts
Contents
Cadshare Technology Limited
Company Information
for the year ended 31 March 2025
Director
Mr Christopher Acheson
Company Number
NI623531 (Northern Ireland)
Registered Office
35 Richmond Court
Lisburn
BT27 4QU
Accountants
JLA Accounting Limited
9 Flora Avenue
Darlington
DL3 8PF
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Cadshare Technology Limited for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Cadshare Technology Limited for the year ended
31 March 2025 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
JLA Accounting Limited
Chartered Accountants
9 Flora Avenue
Darlington
DL3 8PF
2 April 2025
Cadshare Technology Limited
Statement of financial position
as at 31 March 2025
Tangible assets
1,827
3,401
Cash at bank and in hand
9,240
39,285
Creditors: amounts falling due within one year
(33,718)
(17,941)
Net current assets
21,493
73,670
Total assets less current liabilities
23,320
77,071
Creditors: amounts falling due after more than one year
-
(644,800)
Net assets/(liabilities)
23,320
(567,729)
Called up share capital
350
274
Share premium
1,379,940
724,816
Profit and loss account
(1,356,970)
(1,292,819)
Shareholders' funds
23,320
(567,729)
For the year ending 31 March 2025 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 his 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 2 April 2025 and were signed on its behalf by
Mr Christopher Acheson
Director
Company Registration No. NI623531
Cadshare Technology Limited
Notes to the Accounts
for the year ended 31 March 2025
Cadshare Technology Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI623531. The registered office is 35 Richmond Court, Lisburn, BT27 4QU.
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.
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:
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
5,696
17,226
22,922
At 31 March 2025
5,696
17,892
23,588
At 1 April 2024
4,642
14,879
19,521
Charge for the year
519
1,721
2,240
At 31 March 2025
5,161
16,600
21,761
At 31 March 2025
535
1,292
1,827
At 31 March 2024
1,054
2,347
3,401
Cadshare Technology Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Other debtors
37,531
41,917
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
32,710
12,750
Other creditors
1,008
5,191
7
Creditors: amounts falling due after more than one year
2025
2024
This relates to unsecured convertible loan notes which were issued in 2021. These were converted into Non-participating Preferred Ordinary Shares in this financial year.
Allotted, called up and fully paid:
13,423 Ordinary shares of £0.01 each
134.23
134.23
13,934 Participating Preferred Ordinary Shares of £0.01 each
139.34
139.34
7,630 Non-participating Preferred Ordinary Shares of £0.01 each
76.30
-
Shares issued during the period:
7,630 Non-participating Preferred Ordinary Shares of £0.01 each
76.30
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).