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REGISTERED NUMBER: 03233872 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2022

for

Kaliber Limited

Kaliber Limited (Registered number: 03233872)






Contents of the Financial Statements
for the Year Ended 30 June 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kaliber Limited

Company Information
for the Year Ended 30 June 2022







DIRECTOR: L S Ponting





SECRETARY: L S Ponting





REGISTERED OFFICE: 2 Cricklade Court
Old Town
Swindon
Wiltshire
SN1 3EY





REGISTERED NUMBER: 03233872 (England and Wales)





ACCOUNTANTS: Morley & Co (UK) Ltd
Chartered Certified Accountants,
2 Cricklade Court
Old Town
Swindon
Wiltshire
SN1 3EY

Kaliber Limited (Registered number: 03233872)

Balance Sheet
30 June 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 14,500 16,500
Tangible assets 5 626,855 547,888
641,355 564,388

CURRENT ASSETS
Stocks 6 1,372,150 744,065
Debtors 7 1,941,111 1,217,193
Cash at bank 1 1
3,313,262 1,961,259
CREDITORS
Amounts falling due within one year 8 2,197,464 1,338,512
NET CURRENT ASSETS 1,115,798 622,747
TOTAL ASSETS LESS CURRENT LIABILITIES 1,757,153 1,187,135

PROVISIONS FOR LIABILITIES 114,194 98,632
NET ASSETS 1,642,959 1,088,503

CAPITAL AND RESERVES
Called up share capital 25,815 25,815
Capital redemption reserve 150 150
Retained earnings 1,616,994 1,062,538
SHAREHOLDERS' FUNDS 1,642,959 1,088,503

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

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.

Kaliber Limited (Registered number: 03233872)

Balance Sheet - continued
30 June 2022


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 September 2022 and were signed by:





L S Ponting - Director


Kaliber Limited (Registered number: 03233872)

Notes to the Financial Statements
for the Year Ended 30 June 2022

1. STATUTORY INFORMATION

Kaliber 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 10% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 25% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Deferred tax
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date. Provision is made at current rates in respect of all material timing differences.

Kaliber Limited (Registered number: 03233872)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2022

2. ACCOUNTING POLICIES - continued

Financial instruments
Basic financial instruments, including trade and other receivables and payables, cash and bank balances, bank loans and loans to or from other group companies are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 69 (2021 - 60 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 July 2021
and 30 June 2022 20,000
AMORTISATION
At 1 July 2021 3,500
Amortisation for year 2,000
At 30 June 2022 5,500
NET BOOK VALUE
At 30 June 2022 14,500
At 30 June 2021 16,500

Kaliber Limited (Registered number: 03233872)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2022

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 July 2021 108,325 982,113 29,466
Additions - 112,649 -
Disposals - - -
At 30 June 2022 108,325 1,094,762 29,466
DEPRECIATION
At 1 July 2021 75,377 498,592 24,285
Charge for year 3,354 46,653 1,034
Eliminated on disposal - - -
At 30 June 2022 78,731 545,245 25,319
NET BOOK VALUE
At 30 June 2022 29,594 549,517 4,147
At 30 June 2021 32,948 483,521 5,181

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2021 6,500 118,954 1,245,358
Additions - 29,071 141,720
Disposals - (620 ) (620 )
At 30 June 2022 6,500 147,405 1,386,458
DEPRECIATION
At 1 July 2021 6,312 92,904 697,470
Charge for year 56 11,192 62,289
Eliminated on disposal - (156 ) (156 )
At 30 June 2022 6,368 103,940 759,603
NET BOOK VALUE
At 30 June 2022 132 43,465 626,855
At 30 June 2021 188 26,050 547,888

6. STOCKS
2022 2021
£    £   
Stocks 1,264,686 651,070
Work in Progress 107,464 92,995
1,372,150 744,065

Kaliber Limited (Registered number: 03233872)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2022

7. DEBTORS
2022 2021
£    £   
Amounts falling due within one year:
Trade Debtors 1,362,923 705,829
Other Debtors 15 13,335
Company Credit Card 164 410
Employee Loan Account 1,669 2,158
Directors' current accounts 146,797 116,402
Tax 352,083 321,540
Prepayments 29,247 19,688
1,892,898 1,179,362

Amounts falling due after more than one year:
Tax 48,213 37,831

Aggregate amounts 1,941,111 1,217,193

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 84,930 94,965
Trade Creditors 839,325 420,301
Social security and other taxes 117,501 52,192
VAT 159,484 232,333
Barclays Invoice Discounting 972,071 508,155
Pension Fund 12,496 10,382
Accruals 11,657 20,184
2,197,464 1,338,512

9. SECURED DEBTS

The following secured debts are included within creditors:

2022 2021
£    £   
Bank overdrafts 84,930 94,965

The bank overdraft and business development loan are secured by a fixed and floating charge over the assets of the company.

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 30 June 2021, the company was owed the sum of £146,797 by L Ponting (2021 - £116,402).

Interest was charged at HMRC's official rate on the overdrawn loan balance arising during the year.