Company Registration No. 07340982 (England and Wales)
Cad-man-do Design & Draughting Solutions Ltd
Unaudited accounts
for the year ended 31 August 2024
Cad-man-do Design & Draughting Solutions Ltd
Unaudited accounts
Contents
Cad-man-do Design & Draughting Solutions Ltd
Company Information
for the year ended 31 August 2024
Company Number
07340982 (England and Wales)
Registered Office
UNIT B2, THE COURTYARD
SEVERN DRIVE
TEWKESBURY BUSINESS PARK
GLOUCESTERSHIRE
GL20 8GD
UNITED KINGDOM
Cad-man-do Design & Draughting Solutions Ltd
Statement of financial position
as at 31 August 2024
Intangible assets
10,729
14,209
Tangible assets
75,742
45,164
Cash at bank and in hand
99,131
101,276
Creditors: amounts falling due within one year
(191,372)
(191,797)
Net current assets
241,755
107,450
Net assets
328,226
166,823
Called up share capital
10
10
Profit and loss account
328,216
166,813
Shareholders' funds
328,226
166,823
For the year ending 31 August 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 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 15 November 2024 and were signed on its behalf by
R Wearn
Director
Company Registration No. 07340982
Cad-man-do Design & Draughting Solutions Ltd
Notes to the Accounts
for the year ended 31 August 2024
Cad-man-do Design & Draughting Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 07340982. The registered office is UNIT B2, THE COURTYARD, SEVERN DRIVE, TEWKESBURY BUSINESS PARK, GLOUCESTERSHIRE, GL20 8GD, 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.
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
3 Years
Computer equipment
3 Years
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Websites: Over 5 Years
Expenditure on research and development is written off in the year in which it is incurred.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Cad-man-do Design & Draughting Solutions Ltd
Notes to the Accounts
for the year ended 31 August 2024
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Intangible fixed assets
Other
At 1 September 2023
19,003
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 September 2023
58,699
37,823
96,522
Revaluations
-
(34,856)
(34,856)
At 31 August 2024
119,389
2,967
122,356
At 1 September 2023
24,308
27,050
51,358
Charge for the year
21,085
568
21,653
On disposals
(43)
(26,354)
(26,397)
At 31 August 2024
45,350
1,264
46,614
At 31 August 2024
74,039
1,703
75,742
At 31 August 2023
34,391
10,773
45,164
Amounts falling due within one year
Trade debtors
175,999
151,051
Accrued income and prepayments
76,629
23,588
Other debtors
81,368
23,332
Cad-man-do Design & Draughting Solutions Ltd
Notes to the Accounts
for the year ended 31 August 2024
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
46,014
41,279
Taxes and social security
72,673
68,062
Other creditors
5,432
26,809
Loans from directors
10
48
8
Capital commitments
2024
2023
Amounts contracted but not provided for in the accounts
2,116
330
9
Transactions with related parties
Cadmando Design & Draughting Solutions Ltd incurred costs of £39,000 (2023 £43,000) in relation to consultancy services provided by Rose & Mae Interiors Ltd, a company under common control. The amount due to Rose & Mae Interiors Ltd at the yearend was £2,094 (2023 £18,051).
10
Average number of employees
During the year the average number of employees was 15 (2023: 15).