Cardigan Castle Enterprises Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07285463 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2022

for

Cardigan Castle Enterprises Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J C Davies

CS Hewitt

K Taylor

J S Jenkins

SECRETARY:

J Timms

REGISTERED OFFICE:

2 Green Street

Cardigan

Ceredigion

SA43 1JA

REGISTERED NUMBER:

07285463 (England and Wales)

CURRENT ASSETS

Stocks

12,647

12,718

Debtors

6,061

3,447

Cash at bank and in hand

534,091

356,861

552,799

373,026

CREDITORS

Amounts falling due within one year

62,634

51,873

NET CURRENT ASSETS

490,165

321,153

TOTAL ASSETS LESS CURRENT LIABILITIES

490,165

321,153

CREDITORS

Amounts falling due after more than one year

490,165

322,057

NET LIABILITIES

-

(904

)

RESERVES

Retained earnings

-

(904

)

-

(904

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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 27 October 2022 and were signed on its behalf by:

CS Hewitt - Director

1.	STATUTORY INFORMATION

Cardigan Castle Enterprises 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

25% on reducing balance

Stocks

Stocks 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 9 (2021 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2021

and 31 March 2022

9,268

DEPRECIATION

At 1 April 2021

and 31 March 2022

9,268

NET BOOK VALUE

At 31 March 2022

-

At 31 March 2021

-

5.	ULTIMATE CONTROLLING PARTY

Cadwgan Building Preservation Trust (Charitable Company incorporated in England & Wales) is regarded by the directors as being the company's ultimate parent company.

At the year end Cardigan Castle Enterprises Limited made a donation of £139,587 (2021 £nil) to its parent company, Cadwgan Building Preservation Trust.