Cadstack Ltd - Accounts to registrar (filleted) - small 18.2
Cadstack Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2018 |
FOR |
CADSTACK LTD |
CADSTACK LTD (REGISTERED NUMBER: 08856036) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 31 December 2018 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
CADSTACK LTD |
COMPANY INFORMATION |
for the Year Ended 31 December 2018 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Bank Gallery |
High Street |
Kenilworth |
Warwickshire |
CV8 1LY |
CADSTACK LTD (REGISTERED NUMBER: 08856036) |
BALANCE SHEET |
31 December 2018 |
2018 | 2017 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | 6 | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors on |
CADSTACK LTD (REGISTERED NUMBER: 08856036) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 31 December 2018 |
1. | STATUTORY INFORMATION |
Cadstack Ltd is a |
registered number and registered office address can be found on the Company Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
timing difference. |
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. |
Going concern |
The financial statements have been prepared on a going concern basis, which assumes that the company will |
continue to operate in the foreseeable future. This is based on the continued financial support of the parent |
company. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2017 - NIL). |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Other debtors |
CADSTACK LTD (REGISTERED NUMBER: 08856036) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 31 December 2018 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Amounts owed to group undertakings |
Other creditors |
6. | RESERVES |
Retained |
earnings |
£ |
At 1 January 2018 | ( |
) |
Deficit for the year | ( |
) |
At 31 December 2018 | ( |
) |
7. | ULTIMATE CONTROLLING PARTY |
At the balance sheet date, the immediate parent company was Dassault Systemes UK Limited, a company |
incorporated in England and Wales. |
The ultimate parent company is Dassault Systèmes SE, a French company listed on NYSE Euronext |
Paris. Financial statements may be obtained from their registered office at 10 Rue Marcel Dassault, 78140 |
Velizy-Villacoublay, France or at www.3ds.com. |
Dassault Systèmes SE is controlled by Groupe Industriel Marcel Dassault SAS whose registered office is located |
at 9 Rond-Point des Champs Elysees Marcel Dassault 75008, Paris, France, as |
holder of the majority of the exercisable voting rights of Dassault Systemes SE. |
The company has taken advantage of the exemption conferred by Section 1A of FRS102 and has not disclosed |
transactions with group undertakings. |