Cavendish Design & Advertising Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—7

1. General Information

Cavendish Design & Advertising Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00985871 . The registered office is North Lodge Hawkesyard, Armitage Lane, Rugeley, Staffordshire, WS15 1PS.

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. Going Concern Disclosure

At the time of approving the financial statements the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

The directors continue to adopt the going concern basis of accounting in preparing financial statements.

2.3. 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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

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.

2.4. 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:

Computer Equipment

33% on cost

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Cavendish Design & Advertising Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2026

2.6. Financial Instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset were it sold at the Balance Sheet date.

2.7. 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 years 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 assets reflect 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.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.8. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

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Cavendish Design & Advertising Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2026

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 September 2025	5,650

As at 31 August 2026	5,650

Depreciation
As at 1 September 2025	5,650

As at 31 August 2026	5,650

Net Book Value
As at 31 August 2026	-

As at 1 September 2025	-

5. Stocks

	2026	2025
	£	£
Work in progress	-	500

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	12,943	26,562
Prepayments and accrued income	41	47
Other debtors	6,208	-
Amounts owed by group undertakings	25,203	25,203

	44,395	51,812

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Cavendish Design & Advertising Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	1,409	3,321
Corporation tax	925	185
Other taxes and social security	706	635
VAT	2,144	2,228
Other creditors	1,554	7,120
Accruals and deferred income	3,773	3,367

	10,511	16,856

8. Share Capital

	2026	2025
Allotted, called up and fully paid	£	£
10,000 Ordinary Shares of £ 1.00 each	10,000	10,000

Preference Shares

	2026	2025
Allotted, called up and fully paid	£	£
200,100 Preference Shares of £ 1.00 each	200,100	200,100

The preference shares are redeemable shares.

9. Related Party Transactions

St Aldates Investments Limited

A company under common control.

At the balance sheet date there was an outstanding loan receivable from the above company of £25,203 (2025: £25,203).

This loan is interest free and repayable upon demand.

St Aldates Properties Limited

A company in which Mr S Cleaver is also a director.

At the balance sheet date there was an outstanding loan receivable from the above company of £6,208 (2025: £0).

This loan is interest free and repayable on demand.

CTH Awards Limited

A company in which Mr S Cleaver is also a director.

At the balance sheet date there was an outstanding loan payable to the above company for £1,554 (2025: £0).

...CONTINUED

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Cavendish Design & Advertising Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2026

9. Related Party Transactions - continued

This loan is interest free and payable upon demand.

10. Ultimate Controlling Party

St Aldates Investments Limited is the ultimate parent company, owning 100% of the issued ordinary share capital.

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		2026		2025
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Stocks	5	-		500
Debtors	6	44,395		51,812
Cash at bank and in hand		50,580		45,064

		94,975		97,376
Creditors: Amounts Falling Due Within One Year	7	(10,511 )		(16,856 )

NET CURRENT ASSETS (LIABILITIES)			84,464		80,520

TOTAL ASSETS LESS CURRENT LIABILITIES			84,464		80,520

NET ASSETS			84,464		80,520

CAPITAL AND RESERVES
Called up share capital	8		210,100		210,100
Profit and Loss Account			(125,636 )		(129,580 )

SHAREHOLDERS' FUNDS			84,464		80,520