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REGISTERED NUMBER: SC380238 (Scotland)















Unaudited Financial Statements

for the Year Ended 31 December 2022

for

CALDWELL DEVELOPMENTS LTD

CALDWELL DEVELOPMENTS LTD (Registered number: SC380238)






Contents of the Financial Statements
for the Year Ended 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CALDWELL DEVELOPMENTS LTD

Company Information
for the Year Ended 31 December 2022







DIRECTORS: J O'Keefe
S E Kennedy





REGISTERED OFFICE: Unit 4,
Crowhill Road
Bishopbriggs
Glasgow
G64 1RS





REGISTERED NUMBER: SC380238 (Scotland)





ACCOUNTANTS: KPP Glasgow South Ltd
Chartered Certified Accountants
Unit 3 , 37 Rosyth Road
Morris Park
Glasgow
G5 0YE

CALDWELL DEVELOPMENTS LTD (Registered number: SC380238)

Balance Sheet
31 December 2022

31.12.22 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,375,551 5,380,648

CURRENT ASSETS
Stocks 5 2,591,022 2,395,800
Debtors 6 1,189,401 1,196,296
Cash in hand 100 104
3,780,523 3,592,200
CREDITORS
Amounts falling due within one year 7 4,384,668 4,220,697
NET CURRENT LIABILITIES (604,145 ) (628,497 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,771,406

4,752,151

CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 4,750,000 4,750,000
Retained earnings 21,306 2,051
SHAREHOLDERS' FUNDS 4,771,406 4,752,151

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 October 2023 and were signed on its behalf by:



J O'Keefe - Director


CALDWELL DEVELOPMENTS LTD (Registered number: SC380238)

Notes to the Financial Statements
for the Year Ended 31 December 2022

1. STATUTORY INFORMATION

CALDWELL DEVELOPMENTS LTD is a private company, limited by shares , registered in Scotland. 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.
Land & Property - not provided
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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.

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 9 (2021 - 4 ) .

CALDWELL DEVELOPMENTS LTD (Registered number: SC380238)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

4. TANGIBLE FIXED ASSETS
Fixtures
Land & Plant and and Motor
Property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 January 2022
and 31 December 2022 5,347,676 7,195 24,267 1,510 5,380,648
DEPRECIATION
Charge for year - 1,079 3,640 378 5,097
At 31 December 2022 - 1,079 3,640 378 5,097
NET BOOK VALUE
At 31 December 2022 5,347,676 6,116 20,627 1,132 5,375,551
At 31 December 2021 5,347,676 7,195 24,267 1,510 5,380,648

5. STOCKS
31.12.22 31.12.21
£    £   
Work-in-progress 2,591,022 2,395,800

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade debtors 42,882 24,112
Pioneer - (4,911 )
Caldwell Development Homes Ltd 1,146,519 1,145,768
Prepayment - 2,044
Directors' current accounts - 29,283
1,189,401 1,196,296

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Bank loans and overdrafts (see note 8) 36,691 14,157
Trade creditors 159,183 308,684
Social security and other taxes 18,285 14,461
VAT 704 148,888
Sancus loan 3,981,436 3,643,528
Pension fund - 2,551
Loans 19,259 18,000
Loans in 164,938 164,938
JCR - (94,510 )
Directors' current accounts 1,672 -
Accrued expenses 2,500 -
4,384,668 4,220,697

CALDWELL DEVELOPMENTS LTD (Registered number: SC380238)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

8. LOANS

An analysis of the maturity of loans is given below:

31.12.22 31.12.21
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 36,691 14,157

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.22 31.12.21
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Revaluation
reserve
£   
At 1 January 2022
and 31 December 2022 4,750,000