Cawarden Demo Co Limited - Accounts to registrar (filleted) - small 23.2.5
Cawarden Demo Co Limited - Accounts to registrar (filleted) - small 23.2.5
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 January 2024 |
| for |
| Cawarden Demo Co Limited |
| Cawarden Demo Co Limited (Registered number: 06045867) |
| Contents of the Financial Statements |
| for the Year Ended 31 January 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Chartered Accountants' Report | 9 |
| Cawarden Demo Co Limited |
| Company Information |
| for the Year Ended 31 January 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Hanover Court |
| 5 Queen Street |
| Lichfield |
| Staffordshire |
| WS13 6QD |
| Cawarden Demo Co Limited (Registered number: 06045867) |
| Balance Sheet |
| 31 January 2024 |
| 2024 | 2023 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| Cawarden Demo Co Limited (Registered number: 06045867) |
| Balance Sheet - continued |
| 31 January 2024 |
| In accordance with Section 444 of the Companies Act 2006, the Profit and loss has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Cawarden Demo Co Limited (Registered number: 06045867) |
| Notes to the Financial Statements |
| for the Year Ended 31 January 2024 |
| 1. | STATUTORY INFORMATION |
| Cawarden Demo Co Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Plant and machinery | - |
| Motor vehicles | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Stocks are valued at the lower of cost and estimated selling prices less costs to sell. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss, 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. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Cawarden Demo Co Limited (Registered number: 06045867) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2024 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and | Motor |
| machinery | vehicles | Totals |
| £ | £ | £ |
| COST |
| At 1 February 2023 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 January 2024 |
| DEPRECIATION |
| At 1 February 2023 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 January 2024 |
| NET BOOK VALUE |
| At 31 January 2024 |
| At 31 January 2023 |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Plant and | Motor |
| machinery | vehicles | Totals |
| £ | £ | £ |
| COST |
| At 1 February 2023 |
| Additions |
| Transfer to ownership | (514,000 | ) | (110,007 | ) | (624,007 | ) |
| At 31 January 2024 |
| DEPRECIATION |
| At 1 February 2023 |
| Charge for year |
| Transfer to ownership | (341,356 | ) | (71,210 | ) | (412,566 | ) |
| At 31 January 2024 |
| NET BOOK VALUE |
| At 31 January 2024 |
| At 31 January 2023 |
| Cawarden Demo Co Limited (Registered number: 06045867) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2024 |
| 5. | FIXED ASSET INVESTMENTS |
| Unlisted |
| investments |
| £ |
| COST |
| At 1 February 2023 |
| and 31 January 2024 |
| NET BOOK VALUE |
| At 31 January 2024 |
| At 31 January 2023 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade debtors |
| Amounts owed by participating interests | 880,738 | 796,656 |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Bank loans |
| Hire purchase contracts |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted and issued: |
| Number: | Class: | Nominal | 2024 | 2023 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| Cawarden Demo Co Limited (Registered number: 06045867) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2024 |
| 10. | RELATED PARTY DISCLOSURES |
| Cawarden Co. Limited |
| A company under common control |
| The loan is interest free and there are no fixed repayment terms in operation. |
| 2024 | 2023 |
| £ | £ |
| Amount due from related party at the balance sheet date | 141,000 | 490,000 |
| Olsam LLP |
| An LLP owned by O W Crooks and S M Crooks |
| The loan is interest free and there are no fixed repayment terms in operation. |
| 2024 | 2023 |
| £ | £ |
| Amount due from related party at the balance sheet date | 48,663 | 48,663 |
| Fireflux |
| A company under common control |
| The loan is interest free and there are no fixed repayment terms in operation. |
| 2024 | 2023 |
| £ | £ |
| Amount due from related party at the balance sheet date | 106,675 | 96,000 |
| British & Continental Finance |
| A company under common control |
| The loan is interest free and there are no fixed repayment terms in operation. |
| 2024 | 2023 |
| £ | £ |
| Amount due from related party at the balance sheet date | 70,000 | 70,000 |
| Cawarden Demo Co Limited (Registered number: 06045867) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2024 |
| 10. | RELATED PARTY DISCLOSURES - continued |
| Cossall Land Company Limited |
| A company under common control |
| The loan is interest free and there are no fixed repayment terms in operation. |
| 2024 | 2023 |
| £ | £ |
| Amount due from related party at the balance sheet date | 14,400 | 55,500 |
| Chartered Accountants' Report to the Board of Directors |
| on the Unaudited Financial Statements of |
| Cawarden Demo Co Limited |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Cawarden Demo Co Limited for the year ended 31 January 2024 which comprise the Profit and loss, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
| This report is made solely to the Board of Directors of Cawarden Demo Co Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Cawarden Demo Co Limited and state those matters that we have agreed to state to the Board of Directors of Cawarden Demo Co Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cawarden Demo Co Limited and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that Cawarden Demo Co Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Cawarden Demo Co Limited. You consider that Cawarden Demo Co Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Cawarden Demo Co Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| Hanover Court |
| 5 Queen Street |
| Lichfield |
| Staffordshire |
| WS13 6QD |