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REGISTERED NUMBER: 09101576 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th June 2023

for

CALDER COATING LIMITED

CALDER COATING LIMITED (REGISTERED NUMBER: 09101576)






Contents of the Financial Statements
for the Year Ended 30th June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CALDER COATING LIMITED

Company Information
for the Year Ended 30th June 2023







DIRECTORS: Mr P Hewitt
Mrs D Hewitt





REGISTERED OFFICE: 41 St Thomas's Road
Chorley
Lancashire
PR7 1JE





REGISTERED NUMBER: 09101576 (England and Wales)





ACCOUNTANTS: Abrams Ashton - Chorley Limited
Chartered Certified Accountants
41 St Thomas's Road
Chorley
Lancashire
PR7 1JE

CALDER COATING LIMITED (REGISTERED NUMBER: 09101576)

Balance Sheet
30th June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 245,569 249,507

CURRENT ASSETS
Stocks 16,290 20,439
Debtors 5 38,070 49,895
Cash at bank 161,258 38,268
215,618 108,602
CREDITORS
Amounts falling due within one year 6 180,522 154,714
NET CURRENT ASSETS/(LIABILITIES) 35,096 (46,112 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

280,665

203,395

CREDITORS
Amounts falling due after more than one
year

7

(9,000

)

(26,333

)

PROVISIONS FOR LIABILITIES (50,345 ) (47,409 )
NET ASSETS 221,320 129,653

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 221,220 129,553
221,320 129,653

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2023 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.

CALDER COATING LIMITED (REGISTERED NUMBER: 09101576)

Balance Sheet - continued
30th June 2023


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 24th October 2023 and were signed on its behalf by:





Mr P Hewitt - Director


CALDER COATING LIMITED (REGISTERED NUMBER: 09101576)

Notes to the Financial Statements
for the Year Ended 30th June 2023

1. STATUTORY INFORMATION

Calder Coating 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.

Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable and represents amounts received for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Revenue is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

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 - 20% on cost
Plant and machinery - 5% on cost
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33.3% on cost

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

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments' of FRS 102 to all its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, deposits held with banks and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.

CALDER COATING LIMITED (REGISTERED NUMBER: 09101576)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2023

2. ACCOUNTING POLICIES - continued

Impairment of assets
At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carry amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1st July 2022 36,295 337,689 2,693 4,739 381,416
Additions - 16,888 1,020 - 17,908
At 30th June 2023 36,295 354,577 3,713 4,739 399,324
DEPRECIATION
At 1st July 2022 31,105 96,800 479 3,525 131,909
Charge for year 3,114 17,377 562 793 21,846
At 30th June 2023 34,219 114,177 1,041 4,318 153,755
NET BOOK VALUE
At 30th June 2023 2,076 240,400 2,672 421 245,569
At 30th June 2022 5,190 240,889 2,214 1,214 249,507

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 38,070 49,895

CALDER COATING LIMITED (REGISTERED NUMBER: 09101576)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts (see note 8) 17,334 24,001
Trade creditors 13,614 26,214
Tax 72,449 30,871
Social security and other taxes 947 663
VAT 40,738 13,363
Directors' current accounts 32,611 56,470
Accrued expenses 2,829 3,132
180,522 154,714

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Bank loans (see note 8) 9,000 26,333

8. LOANS

Included within bank loans is £13,000 provided under the UK government's bounce back loan scheme.

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.6.23 30.6.22
£    £   
Within one year 28,969 28,969
Between one and five years 9,656 38,626
38,625 67,595

10. SECURED DEBTS

The following secured debts are included within creditors:

30.6.23 30.6.22
£    £   
Bank loans 13,333 33,334

The bank loan is secured by a personal guarantee provided by the directors covering a balance of £13,333.

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the company owed £32,611 to the directors (2022: £56,470). There is no interest payable on this loan and it is repayable on demand.

12. ULTIMATE CONTROLLING PARTY

Throughout the current period, the company has been controlled by Mr P & Mrs D Hewitt, the company directors, by virtue of their holding 100% of the ordinary share capital.