Cameron Cavendish Consultants Limited - Accounts to registrar (filleted) - small 23.1.5

REGISTERED NUMBER: 06927613 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2023

for

Cameron Cavendish Consultants Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Bowden

Ms J Townsend

REGISTERED OFFICE:

Pearls Barn, Pearls Farmhouse

Ipswich Road

Helmingham

Stowmarket

IP14 6EN

REGISTERED NUMBER:

06927613 (England and Wales)

ACCOUNTANTS:

Robert Ko & Company

Chartered Accountants

33 Crofton Avenue

London

W4 3EW

FIXED ASSETS

Tangible assets

4

659

973

Investments

5

50,000

50,000

50,659

50,973

CURRENT ASSETS

Debtors

6

33,000

45,303

Cash at bank

10,368

1,322

43,368

46,625

CREDITORS

Amounts falling due within one year

7

18,916

32,556

NET CURRENT ASSETS

24,452

14,069

TOTAL ASSETS LESS CURRENT LIABILITIES

75,111

65,042

PROVISIONS FOR LIABILITIES

64

185

NET ASSETS

75,047

64,857

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

75,045

64,855

SHAREHOLDERS' FUNDS

75,047

64,857

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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 27 February 2024 and were signed on its behalf by:

Mr J Bowden - Director

1.	STATUTORY INFORMATION

Cameron Cavendish Consultants 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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Taxation

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 June 2022

and 31 May 2023

333

896

5,237

6,466

DEPRECIATION

At 1 June 2022

300

840

4,353

5,493

Charge for year

8

14

292

314

At 31 May 2023

308

854

4,645

5,807

NET BOOK VALUE

At 31 May 2023

25

42

592

659

At 31 May 2022

33

56

884

973

5.	FIXED ASSET INVESTMENTS

Investment comprises the purchase of 20% of the shares of Goodacre & Townsend Limited (G&T). The sole director and majority shareholder of G&T is Ms Julia Townsend, a director of the company.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.23

31.5.22

£

£

Other debtors

33,000

45,303

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.23

31.5.22

£

£

Bank loans and overdrafts

11,875

15,625

Trade creditors

189

2

Taxation and social security

4,958

-

Other creditors

1,894

16,929

18,916

32,556

8.	RELATED PARTY DISCLOSURES

Included in other debtors under note 7 of the notes to the financial statements, is an amount of £28,000 (2022: £40,000) due from Goodacre & Townsend Limited (GTL), a company of which Ms J Townsend is a director and shareholder.