Company Registration No. 03243070 (England and Wales)
Cambridge Systems Associates Limited
Unaudited accounts
for the year ended 31 March 2025
Cambridge Systems Associates Limited
Unaudited accounts
Contents
Cambridge Systems Associates Limited
Company Information
for the year ended 31 March 2025
Directors
Dr E A Medova-Dempster
M Villaverde
Company Number
03243070 (England and Wales)
Registered Office
93 Willian Way
Letchworth Garden City
SG6 2HY
Cambridge Systems Associates Limited
Statement of financial position
as at 31 March 2025
Tangible assets
1,163,108
1,163,108
Cash at bank and in hand
26,604
-
Creditors: amounts falling due within one year
(76,741)
(72,160)
Net current liabilities
(45,385)
(67,020)
Net assets
1,117,723
1,096,088
Called up share capital
100
100
Share premium
500,000
500,000
Profit and loss account
617,623
595,988
Shareholders' funds
1,117,723
1,096,088
For the year ending 31 March 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 December 2025 and were signed on its behalf by
M Villaverde
Director
Company Registration No. 03243070
Cambridge Systems Associates Limited
Notes to the Accounts
for the year ended 31 March 2025
Cambridge Systems Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 03243070. The registered office is 93 Willian Way, Letchworth Garden City, SG6 2HY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
1,162,830
17,739
1,180,569
At 31 March 2025
1,162,830
17,739
1,180,569
At 1 April 2024
-
17,461
17,461
At 31 March 2025
-
17,461
17,461
At 31 March 2025
1,162,830
278
1,163,108
At 31 March 2024
1,162,830
278
1,163,108
Amounts falling due within one year
Accrued income and prepayments
-
3,679
Cambridge Systems Associates Limited
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
1,251
Taxes and social security
5,090
820
Other creditors
15,509
22,019
Loans from directors
10,095
10,515
7
Average number of employees
During the year the average number of employees was 3 (2024: 3).