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REGISTERED NUMBER: 08572624 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

CADDY HOLDINGS BRIDGEND LIMITED

CADDY HOLDINGS BRIDGEND LIMITED (REGISTERED NUMBER: 08572624)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CADDY HOLDINGS BRIDGEND LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: P R Caddy
C N Caddy





REGISTERED OFFICE: 1A Atlee Street
Brynmenyn Industrial Estate
Bridgend
CF32 9TQ





REGISTERED NUMBER: 08572624 (England and Wales)





ACCOUNTANTS: Xeinadin South Wales & West Limited
Court House
Court Road
Bridgend
CF31 1BE

CADDY HOLDINGS BRIDGEND LIMITED (REGISTERED NUMBER: 08572624)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £ £ £
FIXED ASSETS
Investments 4 44 44
Investment property 5 575,000 747,000
575,044 747,044

CURRENT ASSETS
Debtors 6 402,543 318,806
Cash at bank 9,069 21,325
411,612 340,131
CREDITORS
Amounts falling due within one year 7 1,250 100,511
NET CURRENT ASSETS 410,362 239,620
TOTAL ASSETS LESS CURRENT
LIABILITIES

985,406

986,664

PROVISIONS FOR LIABILITIES 6,533 12,180
NET ASSETS 978,873 974,484

CAPITAL AND RESERVES
Called up share capital 50 50
Revaluation reserve 8 198,389 244,742
Retained earnings 780,434 729,692
SHAREHOLDERS' FUNDS 978,873 974,484

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

CADDY HOLDINGS BRIDGEND LIMITED (REGISTERED NUMBER: 08572624)

BALANCE SHEET - continued
31 OCTOBER 2024


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 Board of Directors and authorised for issue on 24 July 2025 and were signed on its behalf by:





P R Caddy - Director


CADDY HOLDINGS BRIDGEND LIMITED (REGISTERED NUMBER: 08572624)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024


1. STATUTORY INFORMATION

Caddy Holdings Bridgend 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 as modified by the revaluation of certain assets.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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 2 (2023 - 2 ) .

CADDY HOLDINGS BRIDGEND LIMITED (REGISTERED NUMBER: 08572624)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


4. FIXED ASSET INVESTMENTS
Other
investments
£
COST
At 1 November 2023
and 31 October 2024 44
NET BOOK VALUE
At 31 October 2024 44
At 31 October 2023 44

5. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 November 2023 747,000
Disposals (172,000 )
At 31 October 2024 575,000
NET BOOK VALUE
At 31 October 2024 575,000
At 31 October 2023 747,000

Fair value at 31 October 2024 is represented by:
£
Valuation in 2020 194,922
Valuation in 2023 62,000
Valuation in 2024 (52,000 )
Cost 370,078
575,000

If Investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£ £
Cost 370,078 490,078

Investment property was valued on an open market value basis on 10 June 2021 by Watts & Morgan Chartered Surveyors .

Valuations since that date have been completed by company directors.

CADDY HOLDINGS BRIDGEND LIMITED (REGISTERED NUMBER: 08572624)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 594 594
Amounts owed by group undertakings 401,949 303,949
Tax - 14,263
402,543 318,806

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts - 98,894
Tax - 367
Other creditors 1,250 1,250
1,250 100,511

8. RESERVES
Revaluation
reserve
£
At 1 November 2023 244,742
Disposals (52,000 )
Revaluation this year 5,647

At 31 October 2024 198,389

9. RELATED PARTY DISCLOSURES

The Company rents property to its subsidiary, Highland Electrix (Bridgend) Limited. No rent is charged for this transaction.

Included in debtors is an amount due from Highland Electrix (Bridgend) Limited at the balance sheet date of £401,949 (2023 - £303,949).