Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-31Dormant company.true2024-01-0133truetruefalse 04284259 2024-01-01 2024-12-31 04284259 2023-01-01 2023-12-31 04284259 2024-12-31 04284259 2023-12-31 04284259 c:Director1 2024-01-01 2024-12-31 04284259 d:CurrentFinancialInstruments 2024-12-31 04284259 d:CurrentFinancialInstruments 2023-12-31 04284259 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 04284259 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 04284259 d:ShareCapital 2024-12-31 04284259 d:ShareCapital 2023-12-31 04284259 d:RetainedEarningsAccumulatedLosses 2024-12-31 04284259 d:RetainedEarningsAccumulatedLosses 2023-12-31 04284259 c:EntityHasNeverTraded 2024-01-01 2024-12-31 04284259 c:FRS102 2024-01-01 2024-12-31 04284259 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04284259 c:FullAccounts 2024-01-01 2024-12-31 04284259 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04284259 6 2024-01-01 2024-12-31 04284259 2 2024-12-31 04284259 2 2023-12-31 04284259 f:USDollar 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Registered number: 04284259












CATHAY INDUSTRIES (INTERNATIONAL) LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED
 31 DECEMBER 2024





















 


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01483 755 399
hamlyns.com

 
CATHAY INDUSTRIES (INTERNATIONAL) LIMITED
REGISTERED NUMBER: 04284259

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
$
$

  

  

Creditors: amounts falling due within one year
 5 
(463,683)
(463,683)

Net current liabilities
  
 
 
(463,683)
 
 
(463,683)

Total assets less current liabilities
  
(463,683)
(463,683)

  

Net liabilities
  
(463,683)
(463,683)


Capital and reserves
  

Called up share capital 
  
380,534
380,534

Profit and loss account
  
(844,217)
(844,217)

  
(463,683)
(463,683)


For the year ended 31 December 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 June 2025.




Timothy Southgate
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
CATHAY INDUSTRIES (INTERNATIONAL) LIMITED
 

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

1.


General information

Cathay Industries (International) Limited is a limited liability company incorporated in England and Wales. The company's registered office and registered number can be found below:
Registered number: 04284259
Registered office: Liverpool Road East, Kidsgrove, Stoke-On-Trent, Staffordshire, England, ST7 3AA
The presentational currency of the financial statements is the United States dollar ($).

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
2.2

Going concern

The ultimate parent company has shown its commitment to provide continuous and sufficient financial resources to the company for the foreseeable future, if necessary, so as to enable liabilities to be met as they fall due, and to enable Cathay Industries (International) Limited to carry on its business. Accordingly, the directors continue to adopt the going concern basis in preparing the accounts.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 2

 
CATHAY INDUSTRIES (INTERNATIONAL) LIMITED
 

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

2.Accounting policies (continued)

  
2.4

Financial Instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at  present value of  the  future  cash  flows and subsequently at amortised cost using the effective interest  method.  Debt  instruments  that  are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid  or received. However, if the arrangements of a  short-term  instrument  constitute  a financing  transaction, like the payment of a trade debt deferred beyond  normal business  terms or  financed at a rate of interest that is not a market rate or in the case of an out-right short-term  loan  not  at market  rate, the  financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.
Financial assets and liabilities are offset and the  net amount  reported  in the Balance  sheet when there is an enforceable right to set off the  recognised  amounts  and  there is an intention  to  settle on  a net  basis or to realise the asset and settle the liability simultaneously.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Page 3

 
CATHAY INDUSTRIES (INTERNATIONAL) LIMITED
 

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

4.


Fixed asset investments





Investments in subsidiary companies
Loans to subsidiaries
Total

$
$
$



Cost or valuation


At 1 January 2024
1,200,000
437,797
1,637,797



At 31 December 2024

1,200,000
437,797
1,637,797



Impairment


At 1 January 2024
1,200,000
437,797
1,637,797



At 31 December 2024

1,200,000
437,797
1,637,797



Net book value



At 31 December 2024
-
-
-



At 31 December 2023
-
-
-


5.


Creditors: Amounts falling due within one year

2024
2023
$
$

Amounts owed to group undertakings
463,683
463,683

463,683
463,683


Page 4