Cal Sameday Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07494800 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2021

FOR

CAL SAMEDAY LIMITED

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

97,077

120,914

CURRENT ASSETS

Debtors

545,130

283,645

Cash at bank

28,983

28,365

574,113

312,010

CREDITORS

Amounts falling due within one year

541,325

307,167

NET CURRENT ASSETS

32,788

4,843

TOTAL ASSETS LESS CURRENT LIABILITIES

129,865

125,757

CREDITORS

Amounts falling due after more than one year

(135,376

)

(94,683

)

PROVISIONS FOR LIABILITIES

(7,850

)

(16,906

)

NET (LIABILITIES)/ASSETS

(13,361

)

14,168

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

(13,461

)

14,068

SHAREHOLDERS' FUNDS

(13,361

)

14,168

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2021 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 21 January 2022 and were signed on its behalf by:

G Chambers - Director

M Johnson - Director

1.	STATUTORY INFORMATION

Cal Sameday Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07494800

Registered office:

The Heath, Business and Technical Park

Runcorn

Cheshire

WA7 4QX

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.

The company was affected during the pandemic but has recovered well after the year end. The directors have considered a period of twelve months from the balance sheet date and as such the accounts have been prepared on a going concern basis.

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

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Factoring facility

The company has entered into a factoring agreement and advances are made in respect of 85% of the debt assigned. There is full recourse to the company. The balance relating to the factoring company is reflected within other creditors.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2020 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2020

288,539

Additions

46,930

Disposals

(46,249

)

At 30 April 2021

289,220

DEPRECIATION

At 1 May 2020

167,625

Charge for year

55,322

Eliminated on disposal

(30,804

)

At 30 April 2021

192,143

NET BOOK VALUE

At 30 April 2021

97,077

At 30 April 2020

120,914

5.	SECURED DEBTS

The following secured debts are included within creditors:

2021

2020

£

£

Other Creditors

25,731

102,485

The other creditors are secured by a fixed and floating charge on the company's assets.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal Value:

2021

2020

43

'A' Ordinary

£1

43

43

10

'B' Ordinary

£1

10

10

45

'C' Ordinary

£1

45

45

2

'D' Ordinary

£1

2

2

100

100

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2021 and 30 April 2020:

2021

2020

£

£

G Chambers

Balance outstanding at start of year

30,000

20,000

Amounts advanced

24,000

35,000

Amounts repaid

(10,000

)

(25,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

44,000

30,000

M Johnson

Balance outstanding at start of year

51,000

30,000

Amounts advanced

39,100

71,000

Amounts repaid

(21,000

)

(50,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

69,100

51,000