Caktus Limited - Period Ending 2014-09-30

Registration number: 08224549

Caktus Limited

Abbreviated Accounts

for the Year Ended 30 September 2014
 

Caktus Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2 to 3

Notes to the Abbreviated Accounts 4 to 5

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 5) have been prepared.

Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Caktus Limited
for the Year Ended 30 September 2014

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Caktus Limited for the year ended 30 September 2014 set out on pages 2 to 5 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Caktus Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Caktus Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Caktus Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Caktus Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Caktus Limited. You consider that Caktus 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 accounts of Caktus 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 accounts.

Rowlands Webster Limited
Tax Advisers & Accountants
Austin House
43 Poole Road
Westbourne
Bournemouth
Dorset
BH4 9DN

19 March 2015

Caktus Limited (Registration number: 08224549)

Abbreviated Balance Sheet
  at 30 September 2014

		Note			30 September 2014 £			30 September 2013 £
Fixed assets
Tangible fixed assets					4,741			3,923
Current assets
Debtors					39,960			30,430
Cash at bank and in hand					69,029			45,371
					108,989			75,801
Creditors: Amounts falling due within one year					(72,217)			(61,054)
Net current assets					36,772			14,747
Total assets less current liabilities					41,513			18,670
Provisions for liabilities					(948)			(785)
Net assets					40,565			17,885
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					40,465			17,785
Shareholders' funds					40,565			17,885

For the year ending 30 September 2014 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 19 March 2015 and signed on its behalf by:

The notes on pages 4 to 5 form an integral part of these financial statements.
Page 2

Caktus Limited (Registration number: 08224549)

Abbreviated Balance Sheet
  at 30 September 2014

.........................................
Mrs D A Lamble
Director

The notes on pages 4 to 5 form an integral part of these financial statements.
Page 3

Caktus Limited

Notes to the Abbreviated Accounts
  for the Year Ended 30 September 2014

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Computer equipment	25% on cost

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 4

Caktus Limited

Notes to the Abbreviated Accounts
  for the Year Ended 30 September 2014

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 October 2013		4,568			4,568
Additions		2,256			2,256
At 30 September 2014		6,824			6,824
Depreciation
At 1 October 2013		645			645
Charge for the year		1,438			1,438
At 30 September 2014		2,083			2,083
Net book value
At 30 September 2014		4,741			4,741
At 30 September 2013		3,923			3,923

3	Share capital

Allotted, called up and fully paid shares

	30 September 2014						30 September 2013
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100

Page 5