Cambridge Finance & Law Limited

Registered number

03731734

Unaudited Filleted Accounts

- for the year ended -

31 March 2025

Cambridge Finance & Law Limited
Registered number:		03731734
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		651			445

Current assets
Debtors	4	1,348			3,035
Cash at bank and in hand		33,255			48,207
		34,603			51,242

Creditors: amounts falling due within one year	5	(10,255)			(19,998)

Net current assets			24,348			31,244

Net assets			24,999			31,689

Capital and reserves
Called up share capital			1			1
Profit and loss account			24,998			31,688

Shareholders' funds			24,999			31,689

The director is 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 director acknowledges her 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.




R F Vaughan Jones
Director
Approved by the board on 24 November 2025

Cambridge Finance & Law Limited
Notes to the Accounts
for the year ended 31 March 2025


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 evenly over its expected useful life, as follows:

	Computer equipment	33.333% Straight line

	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 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.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). 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.

	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. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	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.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		0		1


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2024				51,540
	Additions				666
	At 31 March 2025				52,206

	Depreciation
	At 1 April 2024				51,095
	Charge for the year				460
	At 31 March 2025				51,555

	Net book value
	At 31 March 2025				651
	At 31 March 2024				445


4	Debtors		2025		2024
£				£

	Trade debtors		-		3,035
	Other debtors		1,348		-
			1,348		3,035


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Trade creditors		224		220
	Taxation and social security costs		-		1,974
	Other creditors		10,031		17,804
			10,255		19,998


6	Controlling party

	The ultimate controlling party is R F Vaughan Jones.


7	Other information

	Cambridge Finance & Law Limited is a private company limited by shares and incorporated in England. Its registered office is:

	The Old Police Station
	Priory Road
	St Ives
	Cambs
	PE27 5BB