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REGISTERED NUMBER: 09101576 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th June 2024

for

CALDER COATING LIMITED

CALDER COATING LIMITED (REGISTERED NUMBER: 09101576)






Contents of the Financial Statements
for the Year Ended 30th June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CALDER COATING LIMITED

Company Information
for the Year Ended 30th June 2024







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 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 250,494 245,569

CURRENT ASSETS
Stocks 16,413 16,290
Debtors 5 15,168 38,070
Cash at bank 31,487 161,258
63,068 215,618
CREDITORS
Amounts falling due within one year 6 61,299 180,522
NET CURRENT ASSETS 1,769 35,096
TOTAL ASSETS LESS CURRENT
LIABILITIES

252,263

280,665

CREDITORS
Amounts falling due after more than one
year

7

(62,693

)

(9,000

)

PROVISIONS FOR LIABILITIES (56,219 ) (50,345 )
NET ASSETS 133,351 221,320

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 133,251 221,220
133,351 221,320

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

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

CALDER COATING LIMITED (REGISTERED NUMBER: 09101576)

Balance Sheet - continued
30th 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 10th October 2024 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 2024

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 2024

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 4 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1st July 2023 36,295 354,577 3,713 4,739 399,324
Additions 7,445 22,268 2,521 - 32,234
Disposals - (6,154 ) - - (6,154 )
At 30th June 2024 43,740 370,691 6,234 4,739 425,404
DEPRECIATION
At 1st July 2023 34,219 114,177 1,041 4,318 153,755
Charge for year 3,565 18,300 871 421 23,157
Eliminated on disposal - (2,002 ) - - (2,002 )
At 30th June 2024 37,784 130,475 1,912 4,739 174,910
NET BOOK VALUE
At 30th June 2024 5,956 240,216 4,322 - 250,494
At 30th June 2023 2,076 240,400 2,672 421 245,569

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 113 38,070
Amounts recoverable on contract 10,481 -
Other debtors 780 -
Prepayments and accrued income 3,794 -
15,168 38,070

CALDER COATING LIMITED (REGISTERED NUMBER: 09101576)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts (see note 8) 21,308 17,334
Trade creditors 2,457 13,614
Tax 23,536 72,449
Social security and other taxes 879 947
VAT 9,535 40,738
Other creditors 141 -
Directors' current accounts 423 32,611
Accrued expenses 3,020 2,829
61,299 180,522

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans (see note 8) 62,693 9,000

8. LOANS

Included within bank loans is £9,000 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:
30.6.24 30.6.23
£    £   
Within one year 37,052 28,969
Between one and five years 95,717 9,656
132,769 38,625

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the company owed £423 to the directors (2023: £32,611). There is no interest payable on this loan and it is repayable on demand.

11. 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.