Cavendish Bond Limited - Filleted accounts

Company registration number	08315524




















Cavendish Bond Limited

Financial Statements

for the year ended 31 March 2025

Cavendish Bond Limited
Financial statements for the year ended 31 March 2025

Balance Sheet

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		502			1,004

Current assets
Debtors	4	178,797			196,289
Cash at bank and in hand		218,233			231,093
		397,030			427,382
Creditors: amounts falling due within one year	5	(204,859)			(198,369)

Net current assets			192,171			229,013

Total assets less current liabilities			192,673			230,017

Creditors: amounts falling due after more than one year	6		(27,217)			(32,799)


Net assets			165,456			197,218

Capital and reserves
Called up share capital			10			10
Profit and loss account			165,446			197,208

Shareholders' funds			165,456			197,218

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The company's members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared in accordance with the special provisions for small companies within Part 15 of the Companies Act 2006. The company's profit and loss account for the year has not been delivered to the Registrar of Companies.
These financial statements were approved by the board on 31 December 2025 and are signed on its behalf by:



R L Tompkins
Director

Company registration number 08315524

Cavendish Bond Limited
Financial statements for the year ended 31 March 2025

Notes to the Financial Statements


1	Accounting policies

	Basis of preparation
	The financial statements 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 applicable to companies subject to the small entities regime.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is recognised by reference to the stage of completion of the contract, which is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. The value of work performed but not invoiced at the balance sheet date, which is included in turnover for the period, is recognised as an asset and presented within debtors.

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

	Computer equipment	3 years straight line
	Office furniture	5 years straight line

	Debtors
	Short term debtors are measured at transaction price less any provision for bad and doubtful debts. Loans and other financial assets are initially recognised at fair value, taking account of any transaction costs, and are subsequently measured at amortised cost using the effective interest method, less any impairment losses.

	Creditors
	Short term creditors are measured at the transaction price. Loans and other financial liabilities are initially recognised at fair value, taking account of any transaction costs, and are subsequently measured at amortised cost 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. Current and deferred tax assets and liabilities are not discounted.

	Financial instruments
	Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument those financial instruments are classified as financial liabilities and are presented as such in the balance sheet. Where the contractual terms of financial instruments do not meet the definition of a financial liability those financial instruments are classified as equity instruments. Dividends and other distributions relating to equity instruments are debited direct to equity.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			-		-


3	Tangible fixed assets
		Computer equipment		Office furniture		Total
£			£		£
	Cost
	At 1 April 2024	4,001		857		4,858
	Additions	-		-		-
	At 31 March 2025	4,001		857		4,858

	Depreciation
	At 1 April 2024	2,997		857		3,854
	Charge for the year	502		-		502
	At 31 March 2025	3,499		857		4,356

	Net book value
	At 31 March 2025	502		-		502
	At 31 March 2024	1,004		-		1,004


4	Debtors			2025		2024
£					£

	Trade debtors			86,057		101,234
	Amounts recoverable under contracts			85,731		88,264
	Other debtors			7,009		6,791
				178,797		196,289


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

	Bank loans and overdrafts			5,582		5,514
	Trade creditors			6,737		2,303
	Taxes and social security costs			43,308		42,917
	Other creditors			149,232		147,635
				204,859		198,369


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

	Bank loans			27,217		32,799

	Bank loans include £5,263 (2024: £11,424) payable by way of instalments falling due after more than five years.


7	Other financial commitments			2025		2024
£					£

	Total future minimum payments under non-cancellable operating leases			7,612		21,402


8	Other information

	Cavendish Bond Limited is a private company limited by shares and incorporated in England with its registered office at:

	Bentinck House
	3 - 8 Bolsover Street
	London
	W1W 6AB