Caylo Limited 8938036 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is those of business consultancy advice and the hire of plant, machinery and vehicles. Digita Accounts Production Advanced 6.30.9574.0 true 8938036 2022-04-01 2023-03-31 8938036 2023-03-31 8938036 bus:OrdinaryShareClass1 bus:Non-cumulativeRedeemableShares 2023-03-31 8938036 core:CurrentFinancialInstruments 2023-03-31 8938036 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 8938036 core:FurnitureFittingsToolsEquipment 2023-03-31 8938036 core:MotorVehicles 2023-03-31 8938036 bus:SmallEntities 2022-04-01 2023-03-31 8938036 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 8938036 bus:FullAccounts 2022-04-01 2023-03-31 8938036 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 8938036 bus:RegisteredOffice 2022-04-01 2023-03-31 8938036 bus:Director2 2022-04-01 2023-03-31 8938036 bus:OrdinaryShareClass1 bus:Non-cumulativeRedeemableShares 2022-04-01 2023-03-31 8938036 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 8938036 core:ComputerEquipment 2022-04-01 2023-03-31 8938036 core:FurnitureFittings 2022-04-01 2023-03-31 8938036 core:FurnitureFittingsToolsEquipment 2022-04-01 2023-03-31 8938036 core:MotorVehicles 2022-04-01 2023-03-31 8938036 core:PlantMachinery 2022-04-01 2023-03-31 8938036 countries:England 2022-04-01 2023-03-31 8938036 2022-03-31 8938036 core:FurnitureFittingsToolsEquipment 2022-03-31 8938036 core:MotorVehicles 2022-03-31 8938036 2021-04-01 2022-03-31 8938036 2022-03-31 8938036 bus:OrdinaryShareClass1 bus:Non-cumulativeRedeemableShares 2022-03-31 8938036 core:CurrentFinancialInstruments 2022-03-31 8938036 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 8938036 core:FurnitureFittingsToolsEquipment 2022-03-31 8938036 core:MotorVehicles 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 8938036

Caylo Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2023

 

Caylo Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

Caylo Limited

Company Information

Director

Mr John Michael Card

Registered office

Energy House
Grandstand Road
Hereford
HR4 9NH

Accountants

Young & Co
Chartered Accountants
St Ethelbert House
Ryelands Street
Hereford
Herefordshire
HR4 0LA

 

Caylo Limited

(Registration number: 8938036)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

8,490

11,383

Current assets

 

Debtors

5

228,315

273,251

Cash at bank and in hand

 

138,237

176,896

 

366,552

450,147

Creditors: Amounts falling due within one year

6

(292,553)

(521,482)

Net current assets/(liabilities)

 

73,999

(71,335)

Net assets/(liabilities)

 

82,489

(59,952)

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

82,389

(60,052)

Shareholders' funds/(deficit)

 

82,489

(59,952)

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

 

Caylo Limited

(Registration number: 8938036)
Balance Sheet as at 31 March 2023
(continued)

Approved and authorised by the director on 22 September 2023
 

.........................................
Mr John Michael Card
Director

 

Caylo Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Energy House
Grandstand Road
Hereford
HR4 9NH

These financial statements were authorised for issue by the director on 22 September 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with FRS 102, section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.

Tax

Taxation represents the sum of tax currently payable and deferred tax.

The company's liability for current tax is calculated using tax rates that have been enacted or substantially enacted by the end of the reporting period.

 

Caylo Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023
(continued)

2

Accounting policies (continued)

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantially enacted by the end of the reporting period.

Tangible assets

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives at the following rates:

Asset class

Depreciation method and rate

Motor vehicles

18% of cost per ammum

Plant and machinery

18% of cost per ammum

Fixtures and fittings

18% of cost per ammum

Computer equipment

18% of cost per ammum

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 5 (2022 - 4).

 

Caylo Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023
(continued)

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 April 2022

314,857

527,694

842,551

Disposals

(85,569)

(213,116)

(298,685)

At 31 March 2023

229,288

314,578

543,866

Depreciation

At 1 April 2022

306,813

524,355

831,168

Charge for the year

2,173

720

2,893

Eliminated on disposal

(85,569)

(213,116)

(298,685)

At 31 March 2023

223,417

311,959

535,376

Carrying amount

At 31 March 2023

5,871

2,619

8,490

At 31 March 2022

8,044

3,339

11,383

5

Debtors

Current

2023
£

2022
£

Trade debtors

177,233

271,936

Prepayments

51,082

1,315

 

228,315

273,251

 

Caylo Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023
(continued)

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

(219)

(356)

Taxation and social security

44,435

80,947

Accruals and deferred income

7,006

18,500

Other creditors

241,331

422,391

292,553

521,482

7

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary share capital of £1 each

100

100

100

100

         

8

Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £1,962 (2022 - £1,866). 'The company operates defined contribution schemes on behalf of its directors and employees. The assets of the schemes are held separately from those of the company in independently administered funds. The pension cost charge represents contributions payable by the company to these funds and amounted to £1,962 (2022 - £1,866).

 

Caylo Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023
(continued)

9

Related party transactions

The company received management recharges amounting to £5,000 (2022 - £4,800) from Pure Emporium Limited, a company jointly controlled by Mr J Card, director of the company. At the year end the company was owed £Nil (2022 - £Nil).

The above transactions were in the normal course of business and were conducted on an at arms length basis.