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Registered number: 07493195
The Cadmen Limited
Unaudited Financial Statements
For The Year Ended 31 January 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07493195
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 156,035 39,318
156,035 39,318
CURRENT ASSETS
Debtors 5 273,163 235,991
Cash at bank and in hand 515,526 550,884
788,689 786,875
Creditors: Amounts Falling Due Within One Year 6 (115,796 ) (132,350 )
NET CURRENT ASSETS (LIABILITIES) 672,893 654,525
TOTAL ASSETS LESS CURRENT LIABILITIES 828,928 693,843
Creditors: Amounts Falling Due After More Than One Year 7 (26,357 ) (33,038 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,860 ) (9,830 )
NET ASSETS 793,711 650,975
CAPITAL AND RESERVES
Called up share capital 9 8 8
Profit and Loss Account 793,703 650,967
SHAREHOLDERS' FUNDS 793,711 650,975
Page 1
Page 2
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Robert Parker
Director
28 April 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Cadmen Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07493195 . The registered office is Unit 7 River Bridge Business Centre, Rhymney River Bridge Road, Cardiff, CF23 9FP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
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 of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 0% This Year
Plant & Machinery 20% Straight Line
Fixtures & Fittings 25% Straight Line
Computer Equipment 25% Straight Line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
...CONTINUED
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2.5. Taxation - continued
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2025: 7)
7 7
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2025 - 46,505 3,899 38,980 89,384
Additions 120,594 - 7,819 1,891 130,304
As at 31 January 2026 120,594 46,505 11,718 40,871 219,688
Depreciation
As at 1 February 2025 - 16,742 3,196 30,128 50,066
Provided during the period - 5,952 2,554 5,081 13,587
As at 31 January 2026 - 22,694 5,750 35,209 63,653
Net Book Value
As at 31 January 2026 120,594 23,811 5,968 5,662 156,035
As at 1 February 2025 - 29,763 703 8,852 39,318
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 191,885 154,713
Other debtors 81,278 81,278
273,163 235,991
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 4,139 4,139
Bank loans and overdrafts 2,542 10,170
Corporation tax 38,911 59,288
VAT 27,147 38,635
Other creditors 13,592 13,522
Other creditors (1) 581 -
Accruals and deferred income 28,696 1,500
Director's loan account 188 5,096
115,796 132,350
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7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 26,357 30,496
Bank loans - 2,542
26,357 33,038
8. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 4,139 4,139
Later than one year and not later than five years 26,357 30,496
30,496 34,635
30,496 34,635
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 8 8
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