CADDS (SW) Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 08677655 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2023

for

CADDS (SW) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J P Dumble

Ms A J Dumble

REGISTERED OFFICE:

Moore,

6th Floor,

Whitefriars, Lewins Mead,

Bristol

BS1 2NT

REGISTERED NUMBER:

08677655 (England and Wales)

ACCOUNTANTS:

Moore

Chartered Accountants

6th Floor

Whitefriars

Lewins Mead

Bristol

BS1 2NT

FIXED ASSETS

Tangible assets

4

2,117

3,024

CURRENT ASSETS

Cash at bank

52,718

57,614

CREDITORS

Amounts falling due within one year

5

29,630

41,638

NET CURRENT ASSETS

23,088

15,976

TOTAL ASSETS LESS CURRENT LIABILITIES

25,205

19,000

PROVISIONS FOR LIABILITIES

6

402

2,015

NET ASSETS

24,803

16,985

CAPITAL AND RESERVES

Called up share capital

7

10

10

Retained earnings

8

24,793

16,975

SHAREHOLDERS' FUNDS

24,803

16,985

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 6 January 2024 and were signed on its behalf by:

J P Dumble - Director

1.	STATUTORY INFORMATION

CADDS (SW) 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.

Motor vehicles

-

30% on reducing balance

Equipment

-

33% on cost

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 1 (2022 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

Equipment

Totals

£

£

£

COST

At 1 October 2022

and 30 September 2023

14,601

4,417

19,018

DEPRECIATION

At 1 October 2022

11,577

4,417

15,994

Charge for year

907

-

907

At 30 September 2023

12,484

4,417

16,901

NET BOOK VALUE

At 30 September 2023

2,117

-

2,117

At 30 September 2022

3,024

-

3,024

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.23

30.9.22

£

£

Tax

8,471

6,955

Social security and other taxes

-

193

Directors' current accounts

20,259

33,608

Accruals

900

882

29,630

41,638

6.	PROVISIONS FOR LIABILITIES

30.9.23

30.9.22

£

£

Deferred tax

402

2,015

Deferred

tax

£

Balance at 1 October 2022

2,015

Credit to Income Statement during year

(1,613

)

Balance at 30 September 2023

402

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.23

30.9.22

value:

£

£

10

Ordinary

£1

10

10

8.

RESERVES

Retained

earnings

£

At 1 October 2022

16,975

Profit for the year

36,818

Dividends

(29,000

)

At 30 September 2023

24,793

9.	RELATED PARTY DISCLOSURES

Included in Creditors is an amount of £20,258 (2022: 33,609) owed to Mr J Dumble, a director of the company. This amount is unsecured, interest free, and is repayable on demand.

The company is controlled by the directors who own 100% of the issued share capital.