REGISTERED NUMBER: 06481362 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

CAVENDISH CRESCENT LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Directors:

S S Davis

L Illum

M Illum

R W Davis

Registered office:

19 Cavendish Crescent North

The Park

Nottingham

NG1 1BA

Registered number:

06481362 (England and Wales)

Accountants:

TC Group

10 Stadium Business Court

Millennium Way

Pride Park

Derby

DE24 8HP

Fixed assets

Investments

4

-

59,511

Current assets

Debtors

5

6,767,617

6,361,628

Cash at bank

182,954

187,510

6,950,571

6,549,138

Creditors

Amounts falling due within one year

6

(3,091,519

)

(3,073,696

)

Net current assets

3,859,052

3,475,442

Total assets less current liabilities

3,859,052

3,534,953

Capital and reserves

Called up share capital

7

1,000,000

1,000,000

Retained earnings

8

2,859,052

2,534,953

Shareholders' funds

3,859,052

3,534,953

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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 21 October 2025 and were signed on its behalf by:

L Illum - Director

1.	STATUTORY INFORMATION

Cavendish Crescent 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.

Turnover

The turnover shown in the profit and loss account represents interest charged on loans outstanding during the period on an amounts receivable basis

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	FIXED ASSET INVESTMENTS

The fixed asset investment with the historical cost of £59,511 was impaired due to the investment being deemed unrecoverable during the year.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

5,796,000

5,796,000

Other debtors

971,617

565,628

6,767,617

6,361,628

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

127,830

108,639

Other creditors

2,695,254

2,696,622

Directors' current accounts

268,435

268,435

3,091,519

3,073,696

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000,000

Ordinary

£1

1,000,000

1,000,000

8.

RESERVES

Retained

earnings

£

At 1 February 2024

2,534,953

Profit for the year

324,099

At 31 January 2025

2,859,052

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 31 January 2025, the directors current account have a credit balance of £268,435 (2024 - £268,435).

10.	RELATED PARTY DISCLOSURES

Included within Trade Debtors is £4,446,000 that is due to Cavendish Crescent Limited from another company under the control of M Illum and RW Davis. Also included are amounts of £1,350,000 due from M Illum. All amounts are subject to commercial loan terms and conditions.

Included within other creditors is £2,694,042 (2024: £2,695,122) that Cavendish Crescent Limited owes to another company under the common control of the directors.