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REGISTERED NUMBER: 07736814 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Cambrian & Co Limited

Cambrian & Co Limited (Registered number: 07736814)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Cambrian & Co Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: D Jones





REGISTERED OFFICE: 13A Victoria Gardens
Neath
West Glamorgan
SA11 3AY





REGISTERED NUMBER: 07736814 (England and Wales)





ACCOUNTANTS: Cambrian & Co Ltd
13A Victoria Gardens
Neath
West Glamorgan
SA11 3AY

Cambrian & Co Limited (Registered number: 07736814)

Statement of Financial Position
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 5 291,979 291,979
Tangible assets 6 255,316 258,848
547,295 550,827

CURRENT ASSETS
Stocks 3,190 2,815
Debtors 7 68,242 91,388
Prepayments and accrued income 277 601
Cash at bank and in hand 3,552 24,142
75,261 118,946
CREDITORS
Amounts falling due within one year 8 218,412 280,934
NET CURRENT LIABILITIES (143,151 ) (161,988 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

404,144

388,839

CREDITORS
Amounts falling due after more than one
year

9

(97,089

)

(117,027

)

PROVISIONS FOR LIABILITIES (5,067 ) (4,547 )
NET ASSETS 301,988 267,265

Cambrian & Co Limited (Registered number: 07736814)

Statement of Financial Position - continued
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 301,888 267,165
SHAREHOLDERS' FUNDS 301,988 267,265

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 28 May 2025 and were signed by:





D Jones - Director


Cambrian & Co Limited (Registered number: 07736814)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Cambrian & Co 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 is the amount paid in connection with the acquisition of a business in 2011and 2018. It is being written off only where the director considers this to be below its current market value. Impairment reviews are carried out annually by the director. This policy rather than one of annual amortisation has been adopted to ensure that the financial statements show a true and fair view.

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 etc - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.


Cambrian & Co Limited (Registered number: 07736814)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 6 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 291,979
NET BOOK VALUE
At 31 August 2024 291,979
At 31 August 2023 291,979

Cambrian & Co Limited (Registered number: 07736814)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

6. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 September 2023 280,500 72,666 353,166
Additions - 8,833 8,833
At 31 August 2024 280,500 81,499 361,999
DEPRECIATION
At 1 September 2023 39,840 54,478 94,318
Charge for year 5,610 6,755 12,365
At 31 August 2024 45,450 61,233 106,683
NET BOOK VALUE
At 31 August 2024 235,050 20,266 255,316
At 31 August 2023 240,660 18,188 258,848

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 68,095 91,388
Other debtors 147 -
68,242 91,388

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 44,509 46,598
Other loans - 29,732
Trade creditors 5,160 4,494
Tax 37,470 33,619
Social security and other taxes 3,067 2,320
VAT 38,995 43,206
Due to clients 3,494 23,813
Pension fund 101 197
Credit card 6,761 8,455
Sundry creditors 2,695 -
Directors' current accounts 72,765 85,595
Accrued expenses 3,395 2,905
218,412 280,934

Cambrian & Co Limited (Registered number: 07736814)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans more 5 yr by instal 97,089 117,027

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 97,089 117,027

10. SECURED DEBTS

The following secured debts are included within creditors:

31.8.24 31.8.23
£    £   
Bank loans 118,089 138,027

11. RELATED PARTY DISCLOSURES

The director operates a loan account with the company. The balance due at the year end is shown in the notes to these financial statements.

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D Jones.