IRIS Accounts Production v24.1.0.578 07289712 Board of Directors Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh072897122023-06-30072897122024-06-30072897122023-07-012024-06-30072897122022-06-30072897122022-07-012023-06-30072897122023-06-3007289712ns15:EnglandWales2023-07-012024-06-3007289712ns14:PoundSterling2023-07-012024-06-3007289712ns10:Director12023-07-012024-06-3007289712ns10:Director22023-07-012024-06-3007289712ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3007289712ns10:SmallEntities2023-07-012024-06-3007289712ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3007289712ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3007289712ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3007289712ns10:FullAccounts2023-07-012024-06-3007289712ns10:RegisteredOffice2023-07-012024-06-3007289712ns5:CurrentFinancialInstruments2024-06-3007289712ns5:CurrentFinancialInstruments2023-06-3007289712ns5:Non-currentFinancialInstruments2024-06-3007289712ns5:Non-currentFinancialInstruments2023-06-3007289712ns5:ShareCapital2024-06-3007289712ns5:ShareCapital2023-06-3007289712ns5:RetainedEarningsAccumulatedLosses2024-06-3007289712ns5:RetainedEarningsAccumulatedLosses2023-06-3007289712ns5:PlantMachinery2023-07-012024-06-3007289712ns5:MotorVehicles2023-07-012024-06-3007289712ns5:PlantMachinery2023-06-3007289712ns5:MotorVehicles2023-06-3007289712ns5:ComputerEquipment2023-06-3007289712ns5:ComputerEquipment2023-07-012024-06-3007289712ns5:PlantMachinery2024-06-3007289712ns5:MotorVehicles2024-06-3007289712ns5:ComputerEquipment2024-06-3007289712ns5:PlantMachinery2023-06-3007289712ns5:MotorVehicles2023-06-3007289712ns5:ComputerEquipment2023-06-3007289712ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-06-3007289712ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3007289712ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-06-3007289712ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-06-30
REGISTERED NUMBER: 07289712 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

CALIBRE METAL SPINNING LIMITED

CALIBRE METAL SPINNING LIMITED (REGISTERED NUMBER: 07289712)

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


CALIBRE METAL SPINNING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mr D Hobbs
Mr K Hobbs





REGISTERED OFFICE: 4 Spur Road
Cosham
Portsmouth
Hampshire
PO6 3EB





REGISTERED NUMBER: 07289712 (England and Wales)





ACCOUNTANTS: AMR Bookkeeping & Accounts Limited
4 Spur Road
Cosham
PORTSMOUTH
Hampshire
PO6 3EB

CALIBRE METAL SPINNING LIMITED (REGISTERED NUMBER: 07289712)

BALANCE SHEET
30 JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 103,769 44,134

CURRENT ASSETS
Stocks 3,120 4,500
Debtors 5 101,593 75,169
Cash at bank 58,034 31,412
162,747 111,081
CREDITORS
Amounts falling due within one year 6 165,632 100,849
NET CURRENT (LIABILITIES)/ASSETS (2,885 ) 10,232
TOTAL ASSETS LESS CURRENT
LIABILITIES

100,884

54,366

CREDITORS
Amounts falling due after more than one year 7 64,111 86,699
NET ASSETS/(LIABILITIES) 36,773 (32,333 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 36,673 (32,433 )
SHAREHOLDERS' FUNDS 36,773 (32,333 )

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 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.

CALIBRE METAL SPINNING LIMITED (REGISTERED NUMBER: 07289712)

BALANCE SHEET - continued
30 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 28 March 2025 and were signed on its behalf by:




Mr D Hobbs - Director



Mr K Hobbs - Director


CALIBRE METAL SPINNING LIMITED (REGISTERED NUMBER: 07289712)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Calibre Metal Spinning 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Motor vehicles - 20% on reducing balance

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

CALIBRE METAL SPINNING LIMITED (REGISTERED NUMBER: 07289712)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


4. TANGIBLE FIXED ASSETS
Plant and Motor Office
machinery vehicles Equipment Totals
£    £    £    £   
COST
At 1 July 2023 109,654 25,495 701 135,850
Additions 59,786 25,790 - 85,576
At 30 June 2024 169,440 51,285 701 221,426
DEPRECIATION
At 1 July 2023 78,791 12,442 483 91,716
Charge for year 18,130 7,768 43 25,941
At 30 June 2024 96,921 20,210 526 117,657
NET BOOK VALUE
At 30 June 2024 72,519 31,075 175 103,769
At 30 June 2023 30,863 13,053 218 44,134

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 100,593 74,169
Other debtors 1,000 1,000
101,593 75,169

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other loans 58,853 -
Trade creditors 53,389 64,707
Tax 30,264 20,796
Social security and other taxes 1,990 1,896
VAT 21,136 13,450
165,632 100,849

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Other loans more 5yrs instal 43,842 71,299
Hire purchase contracts 20,269 15,400
64,111 86,699

CALIBRE METAL SPINNING LIMITED (REGISTERED NUMBER: 07289712)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
30.6.24 30.6.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 43,842 71,299