Cayen Ltd - Limited company - abbreviated - 11.0.0
Cayen Ltd - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| Abbreviated Accounts |
| for the Year Ended 31 March 2014 |
| for |
| Cayen Ltd |
| Cayen Ltd (Registered number: 05619108) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 March 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Cayen Ltd |
| Company Information |
| for the Year Ended 31 March 2014 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| BANKERS: |
| Cayen Ltd (Registered number: 05619108) |
| Abbreviated Balance Sheet |
| 31 March 2014 |
| 2014 | 2013 |
| as restated |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 3 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
3 |
( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| Cayen Ltd (Registered number: 05619108) |
| Abbreviated Balance Sheet - continued |
| 31 March 2014 |
| The financial statements were approved by the director on |
| Cayen Ltd (Registered number: 05619108) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 March 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention modified to |
| include the revaluation of certain fixed assets and in accordance with the Financial Reporting |
| Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents net invoiced sales of goods and services excluding value added tax. |
| Tangible fixed assets |
| Improvements to property | - |
| Motor vehicles | - |
| Computer equipment | - |
| Deferred tax |
| Deferred tax recognised in respect of all timing differences that have originated but not |
| reversed at the balance sheet date. Deferred tax is not recognised when assets are revalued |
| unless, by the balance sheet date, the company has entered into a binding agreement to sell |
| the assets and recognised the gains and losses expected to arise on sale or where the assets |
| have been sold and it is expected that the taxable gain will be rolled over into a replacement |
| asset. |
| Hire purchase and leasing commitments |
| Vehicles 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 shorter. |
| The interest element of these obligations is charged to the profit and loss account over the |
| relevant period. The capital element of the future payments is treated as a liability. |
| Vehicles held for use in operating leases are included in fixed assets at cost and depreciated |
| over their useful life. Rental income from operating leases is recognised on a straight line basis |
| over the term of the lease. |
| Cayen Ltd (Registered number: 05619108) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 March 2014 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2013 |
| Additions |
| Disposals | ( |
) |
| At 31 March 2014 |
| DEPRECIATION |
| At 1 April 2013 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 March 2014 |
| NET BOOK VALUE |
| At 31 March 2014 |
| At 31 March 2013 |
| 3. | CREDITORS |
| The following secured debts are included within creditors: |
| 2014 | 2013 |
| as |
| restated |
| £ | £ |
| Amounts due within 1 year | 104,264 | 67,244 |
| Amounts due after 1 year | 138,617 | 87,350 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | as restated |
| £ | £ |
| Ordinary | £1 |
| Cayen Ltd (Registered number: 05619108) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 March 2014 |
| 5. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended |
| 31 March 2014 and 31 March 2013: |
| 2014 | 2013 |
| as |
| restated |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Balance outstanding at end of year |
| During the year a charge arose of £104 for the use of the director's residence as the company |
| office. Interest has been charged on the overdrawn directors loan account. |