Company Registration No. 10381261 (England and Wales)
Cif Bude Ltd
Unaudited accounts
for the period from 1 January 2024 to 30 December 2024
Cif Bude Ltd
Unaudited accounts
Contents
Cif Bude Ltd
Company Information
for the period from 1 January 2024 to 30 December 2024
Company Number
10381261 (England and Wales)
Registered Office
The Venue
Stucley Road
Bude
Cornwall
EX23 8AR
England
Accountants
MUHAMMAD SAAD (MAAT)
DIVINE ACCOUNTANTS LTD
39 FARTHING GROVE
MITLON KEYNES
BUCKINGHAMSHIRE
MK6 4JH
Cif Bude Ltd
Statement of financial position
as at 30 December 2024
Tangible assets
832,616
850,116
Cash at bank and in hand
192,950
174,413
Creditors: amounts falling due within one year
(70,490)
(70,396)
Net current assets
133,945
110,892
Total assets less current liabilities
966,561
961,008
Creditors: amounts falling due after more than one year
(736,856)
(712,395)
Provisions for liabilities
Other provisions
(6,754)
(6,754)
Net assets
222,951
241,859
Called up share capital
140
2
Revaluation reserve
(74,750)
(44,750)
Profit and loss account
297,561
286,607
Shareholders' funds
222,951
241,859
For the period ending 30 December 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 29 August 2025 and were signed on its behalf by
Samuel Beazley
Director
Company Registration No. 10381261
Cif Bude Ltd
Notes to the Accounts
for the period from 1 January 2024 to 30 December 2024
Cif Bude Ltd is a private company, limited by shares, registered in England and Wales, registration number 10381261. The registered office is The Venue, Stucley Road, Bude, Cornwall, EX23 8AR, England.
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.
These financial statements for the period from 1 January 2024 to 30 December 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Plant & machinery
Dep @ 20% SLM
Fixtures & fittings
Dep @ 20% SLM
Computer equipment
Dep @ 20% SLM
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2024
798,000
6,839
65,935
3,479
874,253
Disposals
-
-
(2,813)
-
(2,813)
At 30 December 2024
798,000
6,839
63,122
3,479
871,440
At 1 January 2024
-
2,735
20,373
1,029
24,137
Charge for the period
-
1,368
12,623
696
14,687
At 30 December 2024
-
4,103
32,996
1,725
38,824
At 30 December 2024
798,000
2,736
30,126
1,754
832,616
At 31 December 2023
798,000
4,104
45,562
2,450
850,116
Cif Bude Ltd
Notes to the Accounts
for the period from 1 January 2024 to 30 December 2024
Amounts falling due within one year
Trade debtors
11,485
6,875
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
38,657
42,046
Taxes and social security
12,411
7,529
Loans from directors
9,864
10,001
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
703,827
675,005
8
Average number of employees
During the period the average number of employees was 9 (2023: 8).