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REGISTERED NUMBER: 03233872 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Kaliber Limited

Kaliber Limited (Registered number: 03233872)






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


Kaliber Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: L S Ponting





SECRETARY: L S Ponting





REGISTERED OFFICE: 2 Cricklade Court
Old Town
Swindon
Wiltshire
SN1 3EY





REGISTERED NUMBER: 03233872 (England and Wales)





ACCOUNTANTS: Morley & Co (UK) Ltd
Chartered Certified Accountants,
2 Cricklade Court
Old Town
Swindon
Wiltshire
SN1 3EY

Kaliber Limited (Registered number: 03233872)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,500 12,500
Tangible assets 5 1,025,953 888,633
1,036,453 901,133

CURRENT ASSETS
Stocks 6 1,851,333 1,441,840
Debtors 7 1,910,653 1,243,480
Cash at bank 1 209,791
3,761,987 2,895,111
CREDITORS
Amounts falling due within one year 8 2,468,067 1,523,370
NET CURRENT ASSETS 1,293,920 1,371,741
TOTAL ASSETS LESS CURRENT LIABILITIES 2,330,373 2,272,874

PROVISIONS FOR LIABILITIES 176,736 114,903
NET ASSETS 2,153,637 2,157,971

Kaliber Limited (Registered number: 03233872)

Balance Sheet - continued
30 June 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 19,300 25,815
Capital redemption reserve 6,665 150
Retained earnings 2,127,672 2,132,006
SHAREHOLDERS' FUNDS 2,153,637 2,157,971

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 director acknowledges his 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 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 director and authorised for issue on 6 March 2025 and were signed by:





L S Ponting - Director


Kaliber Limited (Registered number: 03233872)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Kaliber 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

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 - 10% on cost
Plant and machinery - 10% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 25% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Kaliber Limited (Registered number: 03233872)

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.

Deferred tax
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date. Provision is made at current rates in respect of all material timing differences.

Financial instruments
Basic financial instruments, including trade and other receivables and payables, cash and bank balances, bank loans and loans to or from other group companies are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 80 (2023 - 75 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 July 2023
and 30 June 2024 20,000
AMORTISATION
At 1 July 2023 7,500
Amortisation for year 2,000
At 30 June 2024 9,500
NET BOOK VALUE
At 30 June 2024 10,500
At 30 June 2023 12,500

Kaliber Limited (Registered number: 03233872)

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

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 July 2023 447,147 1,108,598 30,647
Additions 401,323 56,359 51,964
Disposals (447,147 ) - -
At 30 June 2024 401,323 1,164,957 82,611
DEPRECIATION
At 1 July 2023 115,631 595,951 26,246
Charge for year - 46,475 3,378
Eliminated on disposal (115,631 ) - -
At 30 June 2024 - 642,426 29,624
NET BOOK VALUE
At 30 June 2024 401,323 522,531 52,987
At 30 June 2023 331,516 512,647 4,401

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2023 6,500 156,243 1,749,135
Additions - 20,176 529,822
Disposals - - (447,147 )
At 30 June 2024 6,500 176,419 1,831,810
DEPRECIATION
At 1 July 2023 6,407 116,267 860,502
Charge for year 28 11,105 60,986
Eliminated on disposal - - (115,631 )
At 30 June 2024 6,435 127,372 805,857
NET BOOK VALUE
At 30 June 2024 65 49,047 1,025,953
At 30 June 2023 93 39,976 888,633

Kaliber Limited (Registered number: 03233872)

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

6. STOCKS
2024 2023
£    £   
Stocks 1,405,857 1,299,881
Work in Progress 445,476 141,959
1,851,333 1,441,840

7. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 1,508,133 978,962
Other debtors 352,360 215,499
1,860,493 1,194,461

Amounts falling due after more than one year:
Other debtors 50,160 49,019

Aggregate amounts 1,910,653 1,243,480

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 109,665 -
Trade creditors 929,480 580,609
Taxation and social security 441,925 303,828
Other creditors 986,997 638,933
2,468,067 1,523,370

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdraft 109,665 -

The bank overdraft and business development loan are secured by a fixed and floating charge over the assets of the company.

Kaliber Limited (Registered number: 03233872)

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

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 30 June 2024, the company was owed the sum of £153,118 by L Ponting (2023 - £149,735).

Interest was charged at HMRC's official rate on the overdrawn loan balance arising during the year.