Cavendish House Enterprises Limited

	Page
Company Information	1
Accountant's Report	2
Balance Sheet	3—4
Notes to the Financial Statements	5—8

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Accountant's Report

For The Year Ended 31 May 2026

Accountant's Report

Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Cavendish House Enterprises Limited For The Year Ended 31 May 2026

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Cavendish House Enterprises Limited For The Year Ended 31 May 2026 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the directors of Cavendish House Enterprises Limited , as a body, in accordance with the terms of our engagement letter dated 01 June 2026. Our work has been undertaken solely to prepare for your approval the accounts of Cavendish House Enterprises Limited and state those matters that we have agreed to state to the directors of Cavendish House Enterprises Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cavendish House Enterprises Limited and its directors, as a body, for our work or for this report.

It is your duty to ensure that Cavendish House Enterprises Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Cavendish House Enterprises Limited . You consider that Cavendish House Enterprises Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of Cavendish House Enterprises Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

ERC Accountants and Business Advisors

10 August 2026

ERC Accountants & Business Advisers Limited

Chartered Accountants

Hanover Buildings

11-13 Hanover Street

Liverpool

Merseyside

L1 3DN

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Cavendish House Enterprises Limited

Balance Sheet

As At 31 May 2026

Balance Sheet

Registered number: 08050242

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		-		2,216
Tangible Assets	5		47,680		88,202

			47,680		90,418
CURRENT ASSETS
Debtors	6	1,003,872		911,451
Cash at bank and in hand		3,634		148,682

		1,007,506		1,060,133
Creditors: Amounts Falling Due Within One Year	7	(480,096 )		(501,217 )

NET CURRENT ASSETS (LIABILITIES)			527,410		558,916

TOTAL ASSETS LESS CURRENT LIABILITIES			575,090		649,334

Creditors: Amounts Falling Due After More Than One Year	8		(895 )		(67,593 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(11,920 )		(22,051 )

NET ASSETS			562,275		559,690

CAPITAL AND RESERVES
Called up share capital	11		78,223		78,223
Profit and Loss Account			484,052		481,467

SHAREHOLDERS' FUNDS			562,275		559,690

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Cavendish House Enterprises Limited

Balance Sheet (continued)

As At 31 May 2026

For the year ending 31 May 2026 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.

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 A S Runacres

Director

10 August 2026

The notes on pages 5 to 8 form part of these financial statements.

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Cavendish House Enterprises Limited

Notes to the Financial Statements

For The Year Ended 31 May 2026

Notes to the Financial Statements

1. General Information

Cavendish House Enterprises Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08050242 . The registered office is Hanover Buildings, 11-13 Hanover Street, Liverpool, Merseyside, L1 3DN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

2.2. Going Concern Disclosure

The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

2.3. Turnover

The turnover is derived from commissions generated from holiday companies for acting as a holiday agent selling cruises, exclusive of Value Added Tax, on an accruals basis. Commission is accounted for when the holiday is paid in full to the cruise liners.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 7 years.

2.5. Intangible Fixed Assets and Amortisation - Other Intangible

Website development assets are amortised to profit and loss account over its estimated economic life of 5 years.

Software development assets are amortised to profit and loss account over its estimated economic life of 5 years.

2.6. Tangible Fixed Assets and Depreciation

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent 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:

Motor vehicles	25% reducing balance
Fixtures and fittings	25% reducing balance
Equipment	25% straight line

2.7. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts and 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 profit and loss account as incurred.

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Cavendish House Enterprises Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

2.8. 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 financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

2.9. Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

2.10. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.11. Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2025: 11)

4. Intangible Assets

	Goodwill	Other Intangible Assets	Total
	£	£	£
Cost
As at 1 June 2025	1,650,000	118,506	1,768,506

As at 31 May 2026	1,650,000	118,506	1,768,506

Amortisation
As at 1 June 2025	1,650,000	116,290	1,766,290
Provided during the period	-	2,216	2,216

As at 31 May 2026	1,650,000	118,506	1,768,506

Net Book Value
As at 31 May 2026	-	-	-

As at 1 June 2025	-	2,216	2,216

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Cavendish House Enterprises Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

5. Tangible Assets

	Motor vehicles	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
As at 1 June 2025	136,831	32,358	8,935	178,124
Additions	-	-	1,397	1,397
Disposals	(55,880 )	-	-	(55,880 )

As at 31 May 2026	80,951	32,358	10,332	123,641

Depreciation
As at 1 June 2025	54,373	28,070	7,479	89,922
Provided during the period	14,230	1,072	1,078	16,380
Disposals	(30,341 )	-	-	(30,341 )

As at 31 May 2026	38,262	29,142	8,557	75,961

Net Book Value
As at 31 May 2026	42,689	3,216	1,775	47,680

As at 1 June 2025	82,458	4,288	1,456	88,202

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	1,003,277	910,874
Other debtors	595	577

	1,003,872	911,451

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	52,958	16,542
Trade creditors	203,443	227,662
Bank loans and overdrafts	15,306	67,985
Other creditors	175,760	172,674
Taxation and social security	32,629	16,354

	480,096	501,217

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	895	52,287
Bank loans	-	15,306

	895	67,593

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Cavendish House Enterprises Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

9. Secured Creditors

Of the creditors the following amounts are secured.

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	53,853	68,829
Bank loans and overdrafts	15,306	83,291

10. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	52,958	16,542
Later than one year and not later than five years	895	52,287

	53,853	68,829

	53,853	68,829

11. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	78,223	78,223

12. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2026	2025
	£	£
Not later than one year	14,791	1,664
Later than one year and not later than five years	17,132	-

	31,923	1,664

13. Directors Advances, Credits and Guarantees

No director received advances, credits or guarantees during the current or previous accounting periods.

14. Related Party Transactions

The following related party transactions were undertaken during the year:

The directors' and shareholders' introduced amounts totalling £179,000 (2025: £132,404) and withdrew amounts totalling £180,761 (2025: £106,485). At the balance sheet date the amount owed to the director was £142,772 (2025 : £144,533).

Dividends were paid to the directors in respect of their shareholdings totalling £nil (2025: £nil).

The aggregate remuneration paid to key management personnel for the year was £nil (2025: £8,255).

No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

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Directors	Mr A S Runacres
	Mrs L J Runacres

Company Number	08050242

Registered Office	Hanover Buildings
	11-13 Hanover Street
	Liverpool
	Merseyside
	L1 3DN

Accountants	ERC Accountants & Business Advisers Limited
	Chartered Accountants
	Hanover Buildings
	11-13 Hanover Street
	Liverpool
	Merseyside
	L1 3DN