Cademan Developments Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 12085436

		31 December 2024		31 July 2023
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	547,907		513,250
Debtors	5	1,501		237
Cash at bank and in hand		690		96

		550,098		513,583
Creditors: Amounts Falling Due Within One Year	6	(552,595 )		(497,214 )

NET CURRENT ASSETS (LIABILITIES)			(2,497 )		16,369

TOTAL ASSETS LESS CURRENT LIABILITIES			(2,497 )		16,369

Creditors: Amounts Falling Due After More Than One Year	7		(4,167 )		(18,333 )

NET LIABILITIES			(6,664 )		(1,964 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(6,764 )		(2,064 )

SHAREHOLDERS' FUNDS			(6,664)		(1,964)

For the period ending 31 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr S M Hall

Director

26 September 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Cademan Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12085436 . The registered office is 9 Berrington Court, Whitwick, Coalville, Leicestershire, LE67 5FJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.3. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 2 (2023: 2)

4. Stocks

	31 December 2024	31 July 2023
	£	£
Work in progress	547,907	513,250

5. Debtors

	31 December 2024	31 July 2023
	£	£
Due within one year
Other debtors	1,501	237

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Cademan Developments Limited

Notes to the Financial Statements (continued)

For the Period 1 August 2023 to 31 December 2024

6. Creditors: Amounts Falling Due Within One Year

	31 December 2024	31 July 2023
	£	£
Trade creditors	-	18
Bank loans and overdrafts	10,000	10,000
Accruals and deferred income	750	1,675
Directors' loan accounts	333,354	336,989
Amounts owed to associates	208,491	148,532

	552,595	497,214

7. Creditors: Amounts Falling Due After More Than One Year

	31 December 2024	31 July 2023
	£	£
Bank loans	4,167	18,333

8. Share Capital

	31 December 2024	31 July 2023
	£	£
Allotted, Called up and fully paid	100	100

9. Related Party Transactions

Included with creditors are the following balances

Quintus UK Limited

Related party loan

£Nil (2023: £Nil)

MAF Management Ltd

Related party loan

£208,491 (2023: £148,532)

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