Cass Allen Associates Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03936411 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

FOR

CASS ALLEN ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P M Allen

F M Allen

C R McNeillie

S Bryant

SECRETARY:

C R McNeillie

REGISTERED OFFICE:

Bedford I-Lab

Priory Business Park

Bedford

MK44 3RZ

REGISTERED NUMBER:

03936411 (England and Wales)

ACCOUNTANTS:

Garner Associates LLP

Northwood House

138 Bromham Road

Bedford

Bedfordshire

MK40 2QW

BANKERS:

Santander

BBAM

Bridle Road

Bootle

Merseyside

L30 4GB

FIXED ASSETS

Tangible assets

4

26,466

36,539

CURRENT ASSETS

Debtors

5

257,021

281,650

Cash at bank and in hand

313,228

158,970

570,249

440,620

CREDITORS

Amounts falling due within one year

6

245,659

203,437

NET CURRENT ASSETS

324,590

237,183

TOTAL ASSETS LESS CURRENT LIABILITIES

351,056

273,722

PROVISIONS FOR LIABILITIES

4,570

6,454

NET ASSETS

346,486

267,268

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

346,386

267,168

346,486

267,268

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 November 2021 and were signed on its behalf by:

P M Allen - Director

C R McNeillie - Director

1.	STATUTORY INFORMATION

Cass Allen Associates 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.

Plant and machinery etc

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2020 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2020

114,574

Additions

16,396

At 31 March 2021

130,970

DEPRECIATION

At 1 April 2020

78,035

Charge for year

26,469

At 31 March 2021

104,504

NET BOOK VALUE

At 31 March 2021

26,466

At 31 March 2020

36,539

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Trade debtors

212,863

246,360

Other debtors

44,158

35,290

257,021

281,650

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Trade creditors

14,202

17,532

Taxation and social security

168,725

114,019

Other creditors

62,732

71,886

245,659

203,437