CALDER MOTOR COMPANY LIMITED

Company Registration Number:
SC170697 (Scotland)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

CALDER MOTOR COMPANY LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

CALDER MOTOR COMPANY LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 146,109 151,145
Investments: 4 46,910 46,910
Total fixed assets: 193,019 198,055
Current assets
Stocks: 1,345,935 1,187,416
Debtors: 5 54,681 50,094
Cash at bank and in hand: 38,565 88,980
Total current assets: 1,439,181 1,326,490
Creditors: amounts falling due within one year: 6 (491,502) (328,549)
Net current assets (liabilities): 947,679 997,941
Total assets less current liabilities: 1,140,698 1,195,996
Creditors: amounts falling due after more than one year: 7 (98,225) (159,498)
Total net assets (liabilities): 1,042,473 1,036,498
Capital and reserves
Called up share capital: 2 2
Revaluation reserve:8269,699269,699
Profit and loss account: 772,772 766,797
Shareholders funds: 1,042,473 1,036,498

The notes form part of these financial statements

CALDER MOTOR COMPANY LIMITED

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 September 2024
and signed on behalf of the board by:

Name: D Ireland
Status: Director

The notes form part of these financial statements

CALDER MOTOR COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CALDER MOTOR COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 7 7

CALDER MOTOR COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 680,238
At 31 December 2023 680,238
Depreciation
At 01 January 2023 529,093
Charge for year 5,036
At 31 December 2023 534,129
Net book value
At 31 December 2023 146,109
At 31 December 2022 151,145

CALDER MOTOR COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Fixed investments

Cost and net book value - £46,910

CALDER MOTOR COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors

Other debtors - £35,771 (2022 - £35,771); Directors current account - £Nil (2022 - £14,323); VAT - £18,910 (2022 - £Nil)

CALDER MOTOR COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due within one year note

Bank loans and overdrafts - £Nil (2022 - £1,390); Trade creditors - £4,804 (2022 - £1,152); Tax - £18,548 (2022 - £51,798); Social security and other taxes - £15,628 (2022 - £11,808); VAT - £Nil (2022 - £9,813); Other creditors - £443,493 (2022 - £252,588); Directors current accounts - £9,029 (2022 - £Nil)

CALDER MOTOR COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Creditors: amounts falling due after more than one year note

Bank Loan - £98,225 (2022 - £159,498) The bank facility is secured by a bond and floating charge over the property at The School House, Bonnington Road, Wilkieston and the assignation by Mr & Mrs A M Sutherland of Royal Scottish Assurance Policies.

CALDER MOTOR COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

8. Revaluation reserve

2023
£
Balance at 01 January 2023 269,699
Surplus or deficit after revaluation 0
Balance at 31 December 2023 269,699