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REGISTERED NUMBER: 04052216 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

SVO (CALNE) LTD

SVO (CALNE) LTD (REGISTERED NUMBER: 04052216)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SVO (CALNE) LTD

COMPANY INFORMATION
for the Year Ended 30 JUNE 2024







DIRECTORS: R G Pithouse
D H S Harrowes





SECRETARY: N M Pithouse





REGISTERED OFFICE: Unit K, Stanier Road
Porte Marsh Industrial Estate
Calne
Wiltshire
SN11 9PX





REGISTERED NUMBER: 04052216 (England and Wales)





ACCOUNTANTS: Burnside
Chartered Accountants
and Statutory Auditor
61 Queen Square
Bristol
BS1 4JZ

SVO (CALNE) LTD (REGISTERED NUMBER: 04052216)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,082 22,659

CURRENT ASSETS
Stocks 75,430 70,592
Debtors 5 30,581 28,338
Cash at bank and in hand 96,386 183,833
202,397 282,763
CREDITORS
Amounts falling due within one year 6 89,527 125,766
NET CURRENT ASSETS 112,870 156,997
TOTAL ASSETS LESS CURRENT
LIABILITIES

129,952

179,656

CAPITAL AND RESERVES
Called up share capital 7 204 204
Retained earnings 129,748 179,452
SHAREHOLDERS' FUNDS 129,952 179,656

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

SVO (CALNE) LTD (REGISTERED NUMBER: 04052216)

BALANCE SHEET - continued
30 JUNE 2024


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 4 September 2024 and were signed on its behalf by:




R G Pithouse - Director



D H S Harrowes - Director


SVO (CALNE) LTD (REGISTERED NUMBER: 04052216)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 JUNE 2024

1. STATUTORY INFORMATION

SVO (Calne) Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 - 25% on cost
Motor vehicles - 25% 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.

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

SVO (CALNE) LTD (REGISTERED NUMBER: 04052216)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 JUNE 2024

2. ACCOUNTING POLICIES - continued

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.

Financial instruments
Financial assets and liabilities are recognised in the balance sheet when the company becomes party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and are measured on initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the company's cash management.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of any direct issue costs.

Interest bearing bank loans, overdrafts and other loans which meet the criteria of basic financial instruments are initially recorded at the present value of cash payable to the bank, usually being equivalent to the proceeds received net of direct issue costs. These liabilities are subsequently measured at amortised cost, using the effective interest rate method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 6 ) .

SVO (CALNE) LTD (REGISTERED NUMBER: 04052216)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 July 2023 24,015 42,127 66,142
Additions 2,725 600 3,325
Disposals - (2,500 ) (2,500 )
At 30 June 2024 26,740 40,227 66,967
DEPRECIATION
At 1 July 2023 23,541 19,942 43,483
Charge for year 882 8,020 8,902
Eliminated on disposal - (2,500 ) (2,500 )
At 30 June 2024 24,423 25,462 49,885
NET BOOK VALUE
At 30 June 2024 2,317 14,765 17,082
At 30 June 2023 474 22,185 22,659

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 17,337 14,631
Other debtors 13,244 13,707
30,581 28,338

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 44,269 53,063
Taxation and social security 24,179 54,242
Other creditors 21,079 18,461
89,527 125,766

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
204 Ordinary £1 204 204

SVO (CALNE) LTD (REGISTERED NUMBER: 04052216)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 JUNE 2024

7. CALLED UP SHARE CAPITAL - continued

The issued share capital of the company of 204 Ordinary shares of £1 each is allocated as follows:

200 Ordinary shares of £1 each
1 Ordinary A shares of £1 each
1 Ordinary B shares of £1 each
2 Ordinary D shares of £1 each