CAG DEVELOPMENTS LTD - Filleted accounts

Registered number

10028603

CAG DEVELOPMENTS LTD

Filleted Accounts

28 February 2025

CAG DEVELOPMENTS LTD
Registered number:		10028603
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		197,072			233,811

Current assets
Debtors	4	92,716			139,789
Cash at bank and in hand		1,179,951			220,443
		1,272,667			360,232

Creditors: amounts falling due within one year	5	(486,912)			(221,859)

Net current assets			785,755			138,373

Total assets less current liabilities			982,827			372,184

Creditors: amounts falling due after more than one year	6		(12,500)			(22,495)



Net assets			970,327			349,689

Capital and reserves
Called up share capital			10			10
Profit and loss account			970,317			349,679

Shareholders' funds			970,327			349,689

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




C George
Director
Approved by the board on 1 October 2025

CAG DEVELOPMENTS LTD
Notes to the Accounts
for the year ended 28 February 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:


	Leasehold land and buildings			over the lease term
	Plant and machinery			over 5 years
	Motor vehicles			over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					5		5


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 March 2024	118,450		78,596		172,007		369,053
	Additions	-		-		2,700		2,700
	Disposals	-		-		(36,414)		(36,414)
	At 28 February 2025	118,450		78,596		138,293		335,339

	Depreciation
	At 1 March 2024	-		50,259		84,983		135,242
	Charge for the year	-		11,780		27,659		39,439
	On disposals	-		-		(36,414)		(36,414)
	At 28 February 2025	-		62,039		76,228		138,267

	Net book value
	At 28 February 2025	118,450		16,557		62,065		197,072
	At 29 February 2024	118,450		28,337		87,024		233,811


4	Debtors					2025		2024
£							£

	Trade debtors					66,385		120,022
	Other debtors					26,331		19,767
						92,716		139,789


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					208,570		113,199
	Taxation and social security costs					251,874		8,813
	Other creditors					26,468		99,847
						486,912		221,859


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					12,500		22,495


7	Related party transactions

	Directors loan account: Amount due from (to) the related party b/fwd (£99,847) Payments made by the Director (£371) Dividend (£1,250) Payments made to the Director £75,000 Amount due from (to) the related party c/fwd (£26,468) Directors remuneration: Salaries £217,806 Pension contributions: £42,000


8	Other information

	CAG DEVELOPMENTS LTD is a private company limited by shares and incorporated in England. Its registered office is:
	8 Primrose Lane
	Tetney
	GRIMSBY
	DN36 5PJ