IRIS Accounts Production v25.1.4.42 06719355 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh067193552023-03-31067193552024-03-31067193552023-04-012024-03-31067193552022-03-31067193552022-04-012023-03-31067193552023-03-3106719355ns15:EnglandWales2023-04-012024-03-3106719355ns14:PoundSterling2023-04-012024-03-3106719355ns10:Director12023-04-012024-03-3106719355ns10:Director22023-04-012024-03-3106719355ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3106719355ns10:SmallEntities2023-04-012024-03-3106719355ns10:AuditExemptWithAccountantsReport2023-04-012024-03-3106719355ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3106719355ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3106719355ns10:AbridgedAccounts2023-04-012024-03-3106719355ns10:OrdinaryShareClass12023-04-012024-03-3106719355ns10:CompanySecretary12023-04-012024-03-3106719355ns10:RegisteredOffice2023-04-012024-03-3106719355ns5:CurrentFinancialInstruments2024-03-3106719355ns5:CurrentFinancialInstruments2023-03-3106719355ns5:Non-currentFinancialInstruments2024-03-3106719355ns5:Non-currentFinancialInstruments2023-03-3106719355ns5:ShareCapital2024-03-3106719355ns5:ShareCapital2023-03-3106719355ns5:RetainedEarningsAccumulatedLosses2024-03-3106719355ns5:RetainedEarningsAccumulatedLosses2023-03-3106719355ns5:LeaseholdImprovements2023-04-012024-03-3106719355ns5:PlantMachinery2023-04-012024-03-3106719355ns5:FurnitureFittings2023-04-012024-03-3106719355ns5:LeaseholdImprovements2023-03-3106719355ns5:PlantMachinery2023-03-3106719355ns5:FurnitureFittings2023-03-3106719355ns5:LeaseholdImprovements2024-03-3106719355ns5:PlantMachinery2024-03-3106719355ns5:FurnitureFittings2024-03-3106719355ns5:LeaseholdImprovements2023-03-3106719355ns5:PlantMachinery2023-03-3106719355ns5:FurnitureFittings2023-03-3106719355ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3106719355ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3106719355ns5:DeferredTaxation2023-03-3106719355ns5:DeferredTaxation2023-04-012024-03-3106719355ns5:DeferredTaxation2024-03-3106719355ns10:OrdinaryShareClass12024-03-3106719355ns5:RetainedEarningsAccumulatedLosses2023-03-3106719355ns5:RetainedEarningsAccumulatedLosses2023-04-012024-03-3106719355ns10:Director222023-03-3106719355ns10:Director222022-03-3106719355ns10:Director222023-04-012024-03-3106719355ns10:Director222022-04-012023-03-3106719355ns10:Director222024-03-3106719355ns10:Director222023-03-31067193551ns10:Director12023-03-31067193551ns10:Director12022-03-31067193551ns10:Director12023-04-012024-03-31067193551ns10:Director12022-04-012023-03-31067193551ns10:Director12024-03-31067193551ns10:Director12023-03-31
REGISTERED NUMBER: 06719355 (England and Wales)


Cayan Limited

Abridged Unaudited Financial Statements

for the Year Ended 31 March 2024






Cayan Limited (Registered number: 06719355)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Cayan Limited

Company Information
for the year ended 31 March 2024







DIRECTORS: Mr O Gurkan
Mr B Gurkan





SECRETARY: Mr O Gurkan





REGISTERED OFFICE: 11 Market Parade
Hampton Road
West Hanworth
Middlesex
TW13 6AL





REGISTERED NUMBER: 06719355 (England and Wales)





ACCOUNTANTS: Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Cayan Limited

The following reproduces the text of the report prepared for the directors 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 Statement of Financial Position. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Directors 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 Cayan Limited for the year ended 31 March 2024 which comprise the Abridged Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity 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 Board of Directors of Cayan Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Cayan Limited and state those matters that we have agreed to state to the Board of Directors of Cayan Limited, as a body, 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 Cayan Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Cayan 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 Cayan Limited. You consider that Cayan 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 Cayan 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.






Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU


24 July 2025

Cayan Limited (Registered number: 06719355)

Statement of Financial Position
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 3 80,527 48,713

CURRENT ASSETS
Inventories 17,665 15,449
Debtors 4 643,015 689,130
Cash at bank and in hand 55,102 36,467
715,782 741,046
CREDITORS
Amounts falling due within one year 5 601,494 288,030
NET CURRENT ASSETS 114,288 453,016
TOTAL ASSETS LESS CURRENT
LIABILITIES

194,815

501,729

CREDITORS
Amounts falling due after more than one
year

6

(179,173

)

(386,600

)

PROVISIONS FOR LIABILITIES 7 (14,989 ) (8,875 )
NET ASSETS 653 106,254

Cayan Limited (Registered number: 06719355)

Statement of Financial Position - continued
31 March 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 553 106,154
SHAREHOLDERS' FUNDS 653 106,254

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Income Statement for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2025 and were signed on its behalf by:




Mr O Gurkan - Director



Mr B Gurkan - Director


Cayan Limited (Registered number: 06719355)

Notes to the Financial Statements
for the year ended 31 March 2024

1. 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is recognised when the customer takes delivery of the goods and it is derived form the ordinary activities of the business.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on reducing balance

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

Cost of stocks is valued using the first in first out stock valuation method. Net realisable value is the estimated selling price less cost to sell.

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.

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.

Cayan Limited (Registered number: 06719355)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

1. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 14 ) .

3. PROPERTY, PLANT AND EQUIPMENT
Improvements Fixtures
to Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 April 2023 6,280 77,639 92,648 176,567
Additions - 12,361 41,800 54,161
At 31 March 2024 6,280 90,000 134,448 230,728
DEPRECIATION
At 1 April 2023 6,021 54,559 67,274 127,854
Charge for year 52 8,860 13,435 22,347
At 31 March 2024 6,073 63,419 80,709 150,201
NET BOOK VALUE
At 31 March 2024 207 26,581 53,739 80,527
At 31 March 2023 259 23,080 25,374 48,713

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 14,024 16,058
Other debtors 628,991 673,072
643,015 689,130

Cayan Limited (Registered number: 06719355)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 268,969 94,958
Trade creditors 53,469 6,096
Taxation and social security 268,780 179,437
Other creditors 10,276 7,539
601,494 288,030

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 179,173 386,600

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 41,200 99,369

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 14,989 8,875

Deferred
tax
£   
Balance at 1 April 2023 8,875
Charge to Income Statement during year 6,114
Balance at 31 March 2024 14,989

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 ordinary £1 100 100

Cayan Limited (Registered number: 06719355)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

9. RESERVES
Retained
earnings
£   

At 1 April 2023 106,154
Profit for the year 31,399
Dividends (137,000 )
At 31 March 2024 553

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
Mr B Gurkan
Balance outstanding at start of year 49,577 103,386
Amounts repaid (49,577 ) (53,809 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 49,577

Mr O Gurkan
Balance outstanding at start of year 49,576 103,385
Amounts repaid (49,576 ) (53,809 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 49,576