Identified Developments (Cambridge) Ltd Filleted accounts for Companies House (small and micro)
Identified Developments (Cambridge) Ltd Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
08736008
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Statement of Financial Position |
2022 |
2021 |
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Note |
£ |
£ |
£ |
Fixed assets
Investments |
5 |
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Current assets
Stocks |
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Debtors |
6 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
7 |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
16 December 2022
, and are signed on behalf of the board by:
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Director |
Company registration number:
08736008
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Notes to the Financial Statements |
Year ended 31 March 2022
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Ash House, Breckenwood Road, Fulbourn, Cambridge, CB21 5DQ.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery |
- |
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Fixtures and fittings |
- |
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Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in joint ventures
Impairment of fixed assets
Stocks
4.
Tangible assets
Plant and machinery |
Fixtures and fittings |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 April 2021 and 31 March 2022 |
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Depreciation |
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At 1 April 2021 and 31 March 2022 |
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Carrying amount |
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At 31 March 2022 |
– |
– |
– |
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---- |
------- |
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At 31 March 2021 |
– |
– |
– |
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5.
Investments
Shares in group undertakings |
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£ |
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Cost |
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At 1 April 2021 and 31 March 2022 |
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Impairment |
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At 1 April 2021 and 31 March 2022 |
– |
---- |
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Carrying amount |
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At 31 March 2022 |
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At 31 March 2021 |
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6.
Debtors
2022 |
2021 |
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£ |
£ |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
– |
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Other debtors |
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7.
Creditors:
amounts falling due within one year
2022 |
2021 |
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£ |
£ |
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Corporation tax |
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Other creditors |
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8.
Related party transactions
The company was under the control of
Mr T Dean
, Mr M Dean and Mr De Simone throughout the current year. Other creditors includes loans due to companies with common shareholders and directors. Loans are all interest free. At 31 March 2022 the company owed £146,758 (2021: £146,758) to A DeSimone Investments Limited, a company under the control of Mr A DeSimone, a director. At 31 March 2022 £110,242 (2021: £543,022) was due to Duo Investments Limited, a company under the control of Mr M Dean and Mr T Dean
as directors and shareholders through Duo TJD Limited and Duo MJD Limited. At 31 March 2022 £nil (2021: £107,148) was due to the company from Duo MJD Limited, a company under the control of Mr M Dean as director and shareholder. At 31 March 2022 £nil (2021: £107,148) was due to the company from Duo TJD Limited, a company under the control of Mr T Dean
as director and shareholder. At 31 March 2022 £nil (2021: £nil) was due to Mr A DeSimone, a director and shareholder. At 31 March 2022 £nil (2021: £2,479) was due to Dean & Dean Construction Limited a company under the control of Mr M Dean and Mr T Dean
as directors and shareholders through Duo Investments Limited, Duo TJD Limited and Duo MJD Limited. At 31 March 2022 £nil (2021: £303,926) was due to the company from Identified Investments Limited, a company under the control of the directors. At 31 March 2022 £nil (2021: £23,657) was due to the company from Identified Developments Ely Limited, a company which was 50% owned by Identified Developments (Cambridge) Limited and which shared common directors.