Cavanagh-Butler Art & Design Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10567140 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31 December 2024

for

CAVANAGH-BUTLER ART & DESIGN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R A Cavanagh-Butler

Mrs J A Cavanagh-Butler

REGISTERED OFFICE:

Unit 16 Northfields Prospect Bus Ctre

Putney Bridge Road

London

SW18 1PE

REGISTERED NUMBER:

10567140 (England and Wales)

ACCOUNTANTS:

LBCo Ltd

T/A Lees-Buckley & Co

16 Northfields Prospect

Putney Bridge Road

London

SW18 1PE

FIXED ASSETS

Tangible assets

4

128

698

CURRENT ASSETS

Stocks

2,228

8,319

Debtors

5

40,076

44,375

42,304

52,694

CREDITORS

Amounts falling due within one year

6

35,567

41,882

NET CURRENT ASSETS

6,737

10,812

TOTAL ASSETS LESS CURRENT
LIABILITIES

6,865

11,510

CREDITORS

Amounts falling due after more than one
year

7

6,615

8,089

NET ASSETS

250

3,421

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

9

150

3,321

SHAREHOLDERS' FUNDS

250

3,421

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

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

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:

Mrs J A Cavanagh-Butler - Director

1.	STATUTORY INFORMATION

Cavanagh-Butler Art & Design 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

Turnover represents net invoiced sales of goods and services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

and 31 December 2024

2,623

DEPRECIATION

At 1 January 2024

1,925

Charge for year

570

At 31 December 2024

2,495

NET BOOK VALUE

At 31 December 2024

128

At 31 December 2023

698

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

-

17,000

Other debtors

2,000

Directors' loan accounts

36,963

25,375

VAT

1,113

-

40,076

44,375

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Bank loans and overdrafts

4,972

10,670

Trade creditors

4,698

437

Tax

15,277

19,597

VAT

-

4,291

Accrued expenses

10,620

6,887

35,567

41,882

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.12.23

£

Bank loan

6,615

8,089

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

50

Ordinary A Share

£1.00

50

Ordinary B Share

£1.00

50

100

9.

RESERVES

Retained

earnings

£

At 1 January 2024

3,321

Profit for the year

36,829

Dividends

(40,000

)

At 31 December 2024

150

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

R A Cavanagh-Butler and Mrs J A Cavanagh-Butler

Balance outstanding at start of year

25,375

27,515

Amounts advanced

36,963

25,375

Amounts repaid

(25,375

)

(27,515

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

36,963

25,375

Interest is charged on the loan at the official rate set by HMRC.