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REGISTERED NUMBER: 01903178 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 August 2024

for

CADFORD LIMITED

CADFORD LIMITED (REGISTERED NUMBER: 01903178)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

CADFORD LIMITED

Company Information
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: M B Badiani





SECRETARY: M M Badiani





REGISTERED OFFICE: Hamilton House
315 St Saviours Road
Leicester
Leicestershire
LE5 4HG





REGISTERED NUMBER: 01903178 (England and Wales)





ACCOUNTANTS: K G Solanki & Co.
Hamilton House
315 St Saviours Road
Leicester
Leicestershire
LE5 4HG

CADFORD LIMITED (REGISTERED NUMBER: 01903178)

Balance Sheet
31 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 214,931 217,180
214,932 217,181

CURRENT ASSETS
Stocks 53,115 43,972
Debtors 6 197,185 177,712
Cash at bank and in hand 2,155,587 1,870,993
2,405,887 2,092,677
CREDITORS
Amounts falling due within one year 7 255,133 178,647
NET CURRENT ASSETS 2,150,754 1,914,030
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,365,686

2,131,211

PROVISIONS FOR LIABILITIES 8 1,096 1,648
NET ASSETS 2,364,590 2,129,563

CADFORD LIMITED (REGISTERED NUMBER: 01903178)

Balance Sheet - continued
31 AUGUST 2024

2024 2023
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 9 8,020 8,020
Retained earnings 2,356,570 2,121,543
SHAREHOLDERS' FUNDS 2,364,590 2,129,563

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 29 April 2025 and were signed by:





M B Badiani - Director


CADFORD LIMITED (REGISTERED NUMBER: 01903178)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Cadford 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of business is being written off evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on cost

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

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.


CADFORD LIMITED (REGISTERED NUMBER: 01903178)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 AUGUST 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 40,000
AMORTISATION
At 1 September 2023
and 31 August 2024 39,999
NET BOOK VALUE
At 31 August 2024 1
At 31 August 2023 1

CADFORD LIMITED (REGISTERED NUMBER: 01903178)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 AUGUST 2024

5. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 September 2023
and 31 August 2024 209,283 48,377 257,660
DEPRECIATION
At 1 September 2023 - 40,480 40,480
Charge for year - 2,249 2,249
At 31 August 2024 - 42,729 42,729
NET BOOK VALUE
At 31 August 2024 209,283 5,648 214,931
At 31 August 2023 209,283 7,897 217,180

The freehold land and buildings have not been depreciated since in the opinion of the directors, their market value is in excess of the book value and they are kept in good condition.


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2024 2023
£    £   
Trade debtors 78,923 60,666
Other debtors 118,262 117,046
197,185 177,712

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2024 2023
£    £   
Trade creditors 77,083 50,837
Taxation and social security 112,090 98,329
Other creditors 65,960 29,481
255,133 178,647

CADFORD LIMITED (REGISTERED NUMBER: 01903178)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 AUGUST 2024

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 1,096 1,648

Deferred
tax
£   
Balance at 1 September 2023 1,648
Credit to Income Statement during year (552 )
Balance at 31 August 2024 1,096

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
6,000 Participating Preference £1 6,000 6,000
20 "B" Ordinary shares £1 20 20
1,000 Ordinary £1 1,000 1,000
1,000 1% Non Participating Prefernce £1 1,000 1,000
8,020 8,020

10. RELATED PARTY DISCLOSURES

Amount owed to the company by Maximum Sales Limited was £115,182 (2023 £115,182) . The director of Cadford Limited is also shareholder/director.

11. CONTROLLING INTEREST

The company is under the control of director and shareholder Mr M B Badiani

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Cadford Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Cadford Limited for the year ended 31 August 2024 which comprise the Income Statement, Balance Sheet and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Cadford Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Cadford Limited and state those matters that we have agreed to state to the director of Cadford Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cadford Limited and its director for our work or for this report.

It is your duty to ensure that Cadford Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Cadford Limited. You consider that Cadford Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Cadford Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






K G Solanki & Co.
Hamilton House
315 St Saviours Road
Leicester
Leicestershire
LE5 4HG



Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Cadford Limited

29 April 2025