REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 January 2024 |
for |
Calder Leasing and Management Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 January 2024 |
for |
Calder Leasing and Management Limited |
Calder Leasing and Management Limited (Registered number: 03397696) |
Contents of the Financial Statements |
for the Year Ended 31 January 2024 |
Page |
Balance Sheet | 1 |
Notes to the Financial Statements | 2 |
Calder Leasing and Management Limited (Registered number: 03397696) |
Balance Sheet |
31 January 2024 |
31.1.24 | 31.1.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Capital redemption reserve |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Calder Leasing and Management Limited (Registered number: 03397696) |
Notes to the Financial Statements |
for the Year Ended 31 January 2024 |
1. | STATUTORY INFORMATION |
Calder Leasing and Management Limited is a |
Registered number: |
Registered office: |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents rental income, net of VAT, receivable in the year from operating leases. |
Tangible fixed assets |
Motor vehicles | - |
Fixed assets are initially recorded at cost. |
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. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.The company does not recognise deferred tax assets. |
Hire purchase and leasing commitments |
Assets acquired on hire purchase contracts and let out on operating leases are shown in the balance sheet under fixed assets at cost less depreciation. Interest is charged to the profit and loss account using the sum of digits method. Assets acquired and then let out on finance leases or disposed of under hire purchase contracts are not shown under fixed assets but the amount, net of finance charges, owing to the company is shown under trade debtors. |
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. |
Interest received |
Represents interest charged to customers on hire purchase and finance lease contracts. The interest is credited to the profit and loss account using the sum of digits method. |
Creditors |
Short term creditors are measured at the transaction price. |
Debtors |
Short term debtors are measured at transaction price, less any impairment. |
Calder Leasing and Management Limited (Registered number: 03397696) |
Notes to the Financial Statements - continued |
for the Year Ended 31 January 2024 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Motor | Computer |
vehicles | equipment | Totals |
£ | £ | £ |
COST |
At 1 February 2023 |
Additions |
Disposals | ( |
) | ( |
) |
At 31 January 2024 |
DEPRECIATION |
At 1 February 2023 |
Charge for year |
Eliminated on disposal | ( |
) | ( |
) |
At 31 January 2024 |
NET BOOK VALUE |
At 31 January 2024 |
At 31 January 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.1.24 | 31.1.23 |
£ | £ |
Trade debtors |
Other debtors |
Prepayments |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.1.24 | 31.1.23 |
£ | £ |
Hire purchase contracts |
Trade creditors |
Taxation and social security |
Other creditors |
7. | SECURED DEBTS |
The following secured debts are included within creditors: |
31.1.24 | 31.1.23 |
£ | £ |
Hire purchase contracts | - | 1,666 |
Calder Leasing and Management Limited (Registered number: 03397696) |
Notes to the Financial Statements - continued |
for the Year Ended 31 January 2024 |
8. | RELATED PARTY DISCLOSURES |
The company has transactions with three other companies where there is a common director. |
Transactions during the year: |
Sales £104,000 (2023: £52,260) |
Purchases £2,305 (2023:£1,614) |
Debtors at balance sheet date £Nil (2023: £1,440) |
Creditors at balance sheet date £Nil (2023: £1,937) |
There is also a loan to a connected party relating to sales of assets in earlier years. The amount outstanding at the balance sheet date was £20,472 (2023 £92,472) |