Cambridge Blues (UK) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04822080 (England and Wales)

Financial Statements for the Year Ended 31 August 2021

for

Cambridge Blues (UK) Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Dr Nalinkumar Lallubhai Patel

Mrs Vilasben Ambelal Patel

SECRETARY:

Mrs Vilasben Ambelal Patel

REGISTERED OFFICE:

Bridge House

9-13 Holbrook Lane

Coventry

West Midlands

CV6 4AD

REGISTERED NUMBER:

04822080 (England and Wales)

ACCOUNTANTS:

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

FIXED ASSETS

Intangible assets

4

41,170

41,170

Property, plant and equipment

5

203,226

199,767

244,396

240,937

CURRENT ASSETS

Inventories

5,869

7,670

Debtors

6

55,653

63,336

Cash at bank and in hand

220,525

171,034

282,047

242,040

CREDITORS

Amounts falling due within one year

7

172,402

133,698

NET CURRENT ASSETS

109,645

108,342

TOTAL ASSETS LESS CURRENT LIABILITIES

354,041

349,279

CREDITORS

Amounts falling due after more than one year

8

310,912

370,180

NET ASSETS/(LIABILITIES)

43,129

(20,901

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

43,029

(21,001

)

SHAREHOLDERS' FUNDS

43,129

(20,901

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2021 in accordance with Section 476 of the Companies Act 2006.

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.

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

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 and authorised for issue on 30 May 2022 and were signed on its behalf by:

Dr Nalinkumar Lallubhai Patel - Director

1.	STATUTORY INFORMATION

Cambridge Blues (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net sales value of goods ,excluding value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2020 - 32 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2020

and 31 August 2021

41,170

NET BOOK VALUE

At 31 August 2021

41,170

At 31 August 2020

41,170

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2020

30,000

287,962

317,962

Additions

-

40,166

40,166

At 31 August 2021

30,000

328,128

358,128

DEPRECIATION

At 1 September 2020

-

118,195

118,195

Charge for year

-

36,707

36,707

At 31 August 2021

-

154,902

154,902

NET BOOK VALUE

At 31 August 2021

30,000

173,226

203,226

At 31 August 2020

30,000

169,767

199,767

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.21

31.8.20

£

£

Trade debtors

49,785

53,739

Other debtors

5,868

9,597

55,653

63,336

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.21

31.8.20

£

£

Trade creditors

166,543

121,871

Taxation and social security

4,644

10,018

Other creditors

1,215

1,809

172,402

133,698

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.21

31.8.20

£

£

Bank loans

270,976

287,999

Other creditors

39,936

82,181

310,912

370,180

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.21

31.8.20

value:

£

£

100

ordinary

£1

100

100