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CAMBRIAN ARCHAEOLOGICAL PROJECTS LIMITED - Company Information

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Cambrian Archaeological Projects Ltd

Registered Number:03337357

For the year ended 31 March 2020

England and Wales

Unaudited Financial Statements

For the year ended 31 March 2020

Cambrian Archaeological Projects Ltd

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

As at 31 March 2020

Cambrian Archaeological Projects Ltd

Statement of Financial Position

Registered Number :

03337357

2019

2020

Notes

Fixed assets

Property, plant and equipment

338,430

305,220

338,430

305,220

Current assets

Trade and other receivables

5,683

7,474

38,192

Cash and cash equivalents

3,999

11,473

43,875

Trade and other payables: amounts falling due within one

year

(116,036)

(121,279)

(72,161)

(109,806)

Net current liabilities

Total assets less current liabilities

228,624

233,059

228,624

Net assets

233,059

Capital and reserves

Called up share capital

Retained earnings

228,622

233,057

228,624

233,059

Shareholders' funds

For the year ended 31 March 2020 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 of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006

The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section

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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Kevin Blockley Director

These financial statements were approved and authorised for issue by the Board on 31 July 2020 and were signed by:

The notes form part of these financial statements

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For the year ended 31 March 2020

Cambrian Archaeological Projects Ltd

Notes to the Financial Statements

Statutory Information

Cambrian Archaeological Projects Ltd is a private limited company, limited by shares, domiciled in England and Wales,

registration number 03337357.

Registered address:

Old Chapel Farm

Tylwch

Llanidloes

Powys

SY18 6JR

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.

Property, plant and equipment

Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings

05% Reducing balance

Plant and Machinery

15% Reducing balance

50% Reducing balance

Computer Equipment

25% Reducing balance

Motor Vehicles

25% Reducing balance

Furniture and Fittings

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

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For the year ended 31 March 2020

Cambrian Archaeological Projects Ltd

Notes to the Financial Statements Continued

2. Property, plant and equipment

Total

Computer

Equipment

Furniture and

Fittings

Motor

Vehicles

Plant and

Machinery

Land and

Buildings

Cost or

valuation

At 01 April 2019

392,192

3,830

21,000

15,995

8,165

343,202

29,222

Additions

592

Revaluations

At 31 March 2020

372,424

16,587

21,000

3,830

422,006

8,165

Provision for depreciation and impairment

At 01 April 2019

86,972

3,224

20,334

3,334

7,462

52,618

Charge for year

(3,396)

303

167

3,313

105

(7,284)

At 31 March 2020

83,576

3,527

20,501

6,647

7,567

45,334

At 31 March 2020

Net book value

327,090

598

9,940

499

303

338,430

290,584

703

12,661

666

606

305,220

At 31 March 2019

3. Trade and other receivables

2019

2020

Trade debtors

1,700

206

Other debtors

5,774

5,477

5,683

7,474

4. Trade and other payables: amounts falling due within one year

2019

2020

Trade creditors

9,869

6,160

Taxation and social security

204

481

Other creditors

111,206

109,395

121,279

116,036

5. Average number of persons employed

During the year the average number of employees was 0 (2019 : 2)

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