2024-01-01 04578183 2024-12-31 04578183 2024-01-01 2024-12-31 04578183 2023-12-31 04578183 2023-01-01 2023-12-31 04578183 uk-core:WithinOneYear 2023-12-31 04578183 uk-core:WithinOneYear 2024-12-31 04578183 uk-core:AfterOneYear 2023-12-31 04578183 uk-core:AfterOneYear 2024-12-31 04578183 uk-core:ShareCapital 2024-12-31 04578183 uk-core:ShareCapital 2023-12-31 04578183 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 04578183 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 04578183 uk-bus:Director1 2024-01-01 2024-12-31 04578183 uk-core:NetGoodwill 2024-01-01 2024-12-31 04578183 uk-core:PlantMachinery 2024-01-01 2024-12-31 04578183 uk-core:MotorVehicles 2024-01-01 2024-12-31 04578183 uk-core:FurnitureFittings 2024-01-01 2024-12-31 04578183 uk-core:FurnitureFittings 2023-12-31 04578183 uk-core:MotorVehicles 2023-12-31 04578183 uk-core:PlantMachinery 2023-12-31 04578183 uk-core:Buildings 2023-12-31 04578183 uk-core:Buildings 2024-01-01 2024-12-31 04578183 uk-core:PlantMachinery 2024-12-31 04578183 uk-core:MotorVehicles 2024-12-31 04578183 uk-core:FurnitureFittings 2024-12-31 04578183 uk-core:Buildings 2024-12-31 iso4217:GBP xbrli:pure 04578183 uk-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 04578183 uk-bus:FRS102 2024-01-01 2024-12-31 04578183 uk-bus:FilletedAccounts 2024-01-01 2024-12-31 04578183 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31
Calibration Engineering Services Limited
Registered Number:04578183
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2024
Calibration Engineering Services Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
04578183
As at 31 December 2024
Calibration Engineering Services Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
1,419,904
1,318,687
2
1,419,904
1,318,687
Current assets
Inventories
53,343
74,712
3
Trade and other receivables
703,691
619,126
4
684,025
Cash and cash equivalents
677,037
1,370,875
1,441,059
Trade and other payables: amounts falling due within one
year
(658,289)
(621,493)
5
782,770
749,382
Net current assets
Total assets less current liabilities
2,169,286
2,101,457
Trade and other payables: amounts falling due after more
than one year
(355,148)
(327,111)
6
1,842,175
Net assets
1,746,309
Capital and reserves
Called up share capital
100
100
Retained earnings
1,842,075
1,746,209
1,842,175
1,746,309
Shareholders' funds
For the year ended 31 December 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
04578183
For the year ended 31 December 2024
Calibration Engineering Services Limited
Statement of Financial Position Continued
A J Crisp Director
These financial statements were approved and authorised for issue by the Board on 05 March 2025 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 December 2024
Calibration Engineering Services Limited
Notes to the Financial Statements
Statutory Information
Calibration Engineering Services Limited is a private limited company, limited by shares, domiciled in England
and Wales, registration number 04578183.
Principal place of business:
The Old Stables
Calcroft Lane
Clanfield
Oxon
OX18 2PB
Registered address:
Angel House
Hardwick
Oxon
OX29 7QE
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and
the Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 0 years.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
15 Reducing balance
5 years Straight line
Motor vehicles
25 Reducing balance
Fixtures and fittings
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the
expected useful lives are sufficiently long and the estimated residual values are sufficiently high that any such
depreciation would be immaterial. The directors undertake an annual impairment review of these properties.
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
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6
For the year ended 31 December 2024
Calibration Engineering Services Limited
Notes to the Financial Statements Continued
Hire purchase and leasing commitments
The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding.
2. Property, plant and equipment
Total
Fixtures and
fittings
Motor vehicles
Plant and
machinery
Land and
buildings
£
£
£
£
£
Cost or
valuation
At 01 January 2024
2,564,135
108,168
1,194,178
1,115,211
146,578
472,462
2,275
274,035
196,152
-
Additions
-
(141,778)
-
-
Disposals
(141,778)
At 31 December 2024
1,311,363
1,326,435
110,443
2,894,819
146,578
Provision for depreciation and impairment
At 01 January 2024
1,245,448
77,113
582,785
585,550
-
Charge for year
371,245
8,332
254,041
108,872
-
(141,778)
-
(141,778)
-
-
On disposal
At 31 December 2024
1,474,915
85,445
695,048
694,422
-
At 31 December 2024
Net book value
146,578
616,941
631,387
24,998
1,419,904
At 31 December 2023
146,578
529,661
611,393
31,055
1,318,687
3. Inventories
2023
2024
£
£
Stocks
74,712
53,343
4. Trade and other receivables
2023
2024
£
£
Trade debtors
649,852
729,617
Amounts owed by group undertakings and participating interests
(30,726)
(25,926)
703,691
619,126
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7
For the year ended 31 December 2024
Calibration Engineering Services Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
150,758
199,668
Taxation and social security
207,894
215,694
Other creditors
262,841
242,927
621,493
658,289
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Other creditors
327,111
355,148
7. Average number of persons employed
During the year the average number of employees was 43 (2023 : 38)
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