| Cavendish Vivendi Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2026 |
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| 1 |
Accounting policies |
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Basis of preparation |
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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). |
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Turnover |
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Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. |
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Tangible fixed assets |
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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 evenly over its expected useful life, as follows: |
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Plant and machinery |
over 5 years |
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Investments |
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Listed and other investments are measured at fair value. Changes in fair value are included in the profit and loss account. |
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Debtors |
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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 initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
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Creditors |
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Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
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Taxation |
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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. |
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| 2 |
Investments in property and land |
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Investments in property and land are measured at fair value with no provision for depreciation. The fair value is assessed by the directors on an annual basis. Changes in fair value are included in the profit and loss account. |
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| 3 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
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Average number of persons employed by the company |
- |
|
- |
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| 4 |
Tangible fixed assets |
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Land and buildings |
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Equipment etc |
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Total |
| £ |
£ |
£ |
|
Fair value |
|
At 1 April 2025 |
49,500 |
|
4,200 |
|
53,700 |
|
At 31 March 2026 |
49,500 |
|
4,200 |
|
53,700 |
|
|
|
|
|
|
|
|
|
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Depreciation |
|
At 1 April 2025 |
- |
|
4,200 |
|
4,200 |
|
At 31 March 2026 |
- |
|
4,200 |
|
4,200 |
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|
|
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Net book value |
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At 31 March 2026 |
49,500 |
|
- |
|
49,500 |
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At 31 March 2025 |
49,500 |
|
- |
|
49,500 |
|
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Freehold land and buildings: |
2026 |
|
2025 |
| £ |
£ |
|
Historical cost |
49,500 |
|
49,500 |
|
|
|
|
|
|
49,500 |
|
49,500 |
|
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| 5 |
Investments |
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| Other |
| investments |
| £ |
|
Fair value |
|
At 1 April 2025 |
1,219,838 |
|
Additions |
12,953 |
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Disposals |
(7,370) |
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At 31 March 2026 |
1,356,800 |
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| 6 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
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Amounts due within one year |
130,000 |
|
224,261 |
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Amounts due after more than one year |
- |
|
273,466 |
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| 7 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
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Corporation tax |
19,985 |
|
27,879 |
|
Other taxes and social security costs |
1,408 |
|
309 |
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Other creditors |
577,359 |
|
667,599 |
|
|
|
|
|
|
598,752 |
|
695,787 |
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| 8 |
Dividends |
2026 |
|
2025 |
| £ |
£ |
|
Dividends for which the company became liable during the year: Dividends paid |
|
68,778 |
|
68,024 |
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| 9 |
Related party transactions |
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The directors have advanced a loan to the company of £577,359 (2025: £667,599) which is interest free and repayable on demand. |
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| 10 |
Other information |
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Cavendish Vivendi Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
366 Chester Road |
|
Woodford |
|
Stockport |
|
Cheshire |
|
SK7 1QG |