Cambio Ltd - Filleted accounts

Registered number

01964088

Cambio Ltd

Filleted Accounts

31 March 2026

Cambio Ltd
Registered number:		01964088
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		22,862			27,618

Current assets
Stocks		62,604			60,133
Debtors	4	187,718			210,172
Cash at bank and in hand		132,703			162,109
		383,025			432,414

Creditors: amounts falling due within one year	5	(222,214)			(312,223)

Net current assets			160,811			120,191

Net assets			183,673			147,809

Capital and reserves
Called up share capital			100			100
Profit and loss account			183,573			147,709

Shareholders' funds			183,673			147,809

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.




Jonathan Dean
Director
Approved by the board on 1 May 2026

Cambio Ltd
Notes to the Accounts
for the year ended 31 March 2026


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 over its expected useful life, as follows:

	Plant and machinery	20% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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 recognised at transaction price including any transaction costs.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are recognised at transaction price net of any transaction costs.

	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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

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


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		4		3


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2025				66,353
	Additions				960
	At 31 March 2026				67,313

	Depreciation
	At 1 April 2025				38,735
	Charge for the year				5,716
	At 31 March 2026				44,451

	Net book value
	At 31 March 2026				22,862
	At 31 March 2025				27,618


4	Debtors		2026		2025
£				£

	Trade debtors		183,207		207,447
	Other debtors		4,511		2,725
			187,718		210,172


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Trade creditors		77,009		101,856
	Taxation and social security costs		51,914		61,535
	Other creditors		93,291		148,832
			222,214		312,223


6	Other information

	Cambio Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	The Irwin Centre Scotland Road
	Dry Drayton
	Cambridge
	Cambridgeshire
	CB23 8AR