Company Registration No. 06254375 (England and Wales)
CAD Visuals Ltd
Unaudited accounts
for the year ended 31 May 2022
CAD Visuals Ltd
Unaudited accounts
Contents
CAD Visuals Ltd
Company Information
for the year ended 31 May 2022
Director
Gareth John Williams
Company Number
06254375 (England and Wales)
Registered Office
6 Queens Wood Drive
Hereford
Herefordshire
HR1 1AT
England
CAD Visuals Ltd
Statement of financial position
as at
31 May 2022
Intangible assets
5,062
-
Cash at bank and in hand
2,031
21,332
Creditors: amounts falling due within one year
(9,854)
(8,102)
Net current assets
3,427
13,230
Total assets less current liabilities
9,401
13,967
Creditors: amounts falling due after more than one year
-
(6,000)
Called up share capital
100
100
Profit and loss account
9,301
7,867
Shareholders' funds
9,401
7,967
For the year ending 31 May 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 December 2022 and were signed on its behalf by
Gareth John Williams
Director
Company Registration No. 06254375
CAD Visuals Ltd
Notes to the Accounts
for the year ended 31 May 2022
CAD Visuals Ltd is a private company, limited by shares, registered in England and Wales, registration number 06254375. The registered office is 6 Queens Wood Drive, Hereford, Herefordshire, HR1 1AT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% Standard
Fixtures & fittings
33% Standard
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
CAD Visuals Ltd
Notes to the Accounts
for the year ended 31 May 2022
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2021
1,982
518
2,500
At 31 May 2022
2,007
826
2,833
At 1 June 2021
1,509
254
1,763
Charge for the year
102
56
158
At 31 May 2022
1,611
310
1,921
At 31 May 2022
396
516
912
At 31 May 2021
473
264
737
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2022
2021
Trade creditors
2,231
2,230
Taxes and social security
3,519
4,081
Loans from directors
(1,993)
328
8
Creditors: amounts falling due after more than one year
2022
2021
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Transactions with directors
(328)
2,320
-
1,992
10
Average number of employees
During the year the average number of employees was 1 (2021: 1).