REGISTERED NUMBER: 05720796 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Cadmidium Services Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

E Gaffney

Mrs T Gaffney

REGISTERED OFFICE:

Cadmidium House

54 Dockham Road

Cinderford

Gloucestershire

GL14 2BH

REGISTERED NUMBER:

05720796 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

BANKERS:

HSBC

6 Market Street

Cinderford

GL14 2SB

FIXED ASSETS

Tangible assets

4

39

1,238

Investments

5

1,050

1,050

1,089

2,288

CURRENT ASSETS

Stocks

73,722

144,255

Debtors

6

41,605

72,982

Cash at bank

413,687

169,124

529,014

386,361

CREDITORS

Amounts falling due within one year

7

202,499

221,110

NET CURRENT ASSETS

326,515

165,251

TOTAL ASSETS LESS CURRENT LIABILITIES

327,604

167,539

CREDITORS

Amounts falling due after more than one year

8

(5,000

)

(15,000

)

PROVISIONS FOR LIABILITIES

-

(309

)

NET ASSETS

322,604

152,230

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

322,504

152,130

SHAREHOLDERS' FUNDS

322,604

152,230

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 28 October 2025 and were signed on its behalf by:

E Gaffney - Director

1.	STATUTORY INFORMATION

Cadmidium Services 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised in the period that the jobs are undertaken depending on the type of contract. This can be either on completion or on a weekly and monthly basis.

Tangible fixed assets

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

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% 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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 23 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Cost

At 1 May 2024

18,469

51,056

69,525

Disposals

(2,175

)

(21,023

)

(23,198

)

At 30 April 2025

16,294

30,033

46,327

Depreciation

At 1 May 2024

18,469

49,818

68,287

Charge for year

-

666

666

Eliminated on disposal

(2,175

)

(20,490

)

(22,665

)

At 30 April 2025

16,294

29,994

46,288

Net book value

At 30 April 2025

-

39

39

At 30 April 2024

-

1,238

1,238

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

30/4/25

30/4/24

£

£

Fixed asset investments

1,050

1,050

The investment included at £1,050 is a piece of artwork included at cost.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/25

30/4/24

£

£

Trade debtors

33,071

64,247

Other debtors

8,534

8,735

41,605

72,982

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/25

30/4/24

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

8,758

20,821

Taxation and social security

155,977

162,450

Other creditors

27,764

27,839

202,499

221,110

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30/4/25

30/4/24

£

£

Bank loans

5,000

15,000

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30/4/25

30/4/24

£

£

Within one year

7,860

7,710

10.	RELATED PARTY DISCLOSURES

A loan exists between the company and the directors E Gaffney & Mrs T Gaffney. At 30 April 2025 the company owed the director £1,806 (2024 - £454). The loan, included within other creditors, is interest free and is repayable on demand.