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REGISTERED NUMBER: 01789314 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

CALDER PROPERTIES LIMITED

CALDER PROPERTIES LIMITED (REGISTERED NUMBER: 01789314)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CALDER PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Gregory Quinton Bedford
Derek John Bedford
David Kevin Bedford
Carol Lesley Brown
Tracy Jane Wadsworth



REGISTERED OFFICE: Anchor House
Dewsbury Mills
Thornhill Road
Dewsbury
West Yorkshire
WF12 9QE



REGISTERED NUMBER: 01789314 (England and Wales)



SENIOR STATUTORY AUDITOR: John Richard Hall FCA



AUDITORS: Walter Dawson & Son
Chartered Accountants
First Floor, Unit 12
Pennine Business Park
Longbow Close, Bradley
Huddersfield
West Yorkshire
HD2 1GQ

CALDER PROPERTIES LIMITED (REGISTERED NUMBER: 01789314)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,672,014 3,676,765
Investment property 5 3,221,825 2,325,116
6,893,839 6,001,881

CURRENT ASSETS
Debtors 6 528,301 1,101,510
Cash at bank and in hand 19,579 100,447
547,880 1,201,957
CREDITORS
Amounts falling due within one year 7 428,655 401,917
NET CURRENT ASSETS 119,225 800,040
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,013,064

6,801,921

CREDITORS
Amounts falling due after more than
one year

8

(626,668

)

(725,415

)

PROVISIONS FOR LIABILITIES (66,588 ) (65,816 )
NET ASSETS 6,319,808 6,010,690

CAPITAL AND RESERVES
Called up share capital 200 200
Revaluation reserve 1,457,004 1,457,004
Profit and loss account 4,862,604 4,553,486
6,319,808 6,010,690

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 March 2025 and were signed on its behalf by:




Gregory Quinton Bedford - Director


CALDER PROPERTIES LIMITED (REGISTERED NUMBER: 01789314)

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

1. STATUTORY INFORMATION

Calder Properties 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 as modified by the revaluation of certain assets.

RELATED PARTY EXEMPTION
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 - 12.5% on cost
Motor vehicles - 25% on cost

The freehold land and buildings are included in the accounts at fair value.

INVESTMENT PROPERTY
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


CALDER PROPERTIES LIMITED (REGISTERED NUMBER: 01789314)

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

2. ACCOUNTING POLICIES - continued
DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

INCOME RECOGNITION
Income is recognised when goods have been delivered to customers such that the risks and rewards of ownership have transferred to them.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the leases. The benefits of lease incentives are recognised in the profit and loss account over the shorter of the lease period and the period to the next rent review at which the rent is expected to be reset to market rates.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST OR VALUATION
At 1 July 2023 3,615,000 268,626 32,392 3,916,018
Additions - 8,693 - 8,693
At 30 June 2024 3,615,000 277,319 32,392 3,924,711
DEPRECIATION
At 1 July 2023 - 237,903 1,350 239,253
Charge for year - 5,346 8,098 13,444
At 30 June 2024 - 243,249 9,448 252,697
NET BOOK VALUE
At 30 June 2024 3,615,000 34,070 22,944 3,672,014
At 30 June 2023 3,615,000 30,723 31,042 3,676,765

CALDER PROPERTIES LIMITED (REGISTERED NUMBER: 01789314)

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

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 30 June 2024 is represented by:

Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
Valuation in 2021 3,265,000 - - 3,265,000
Valuation in 2023 350,000 277,319 32,392 659,711
3,615,000 277,319 32,392 3,924,711

5. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 July 2023 2,325,116
Additions 896,709
At 30 June 2024 3,221,825
NET BOOK VALUE
At 30 June 2024 3,221,825
At 30 June 2023 2,325,116

Cost or valuation at 30 June 2024 is represented by:
£   
Valuation in 2022 1,958,000
Valuation in 2023 310,116
Valuation in 2023 57,000
Valuation in 2024 896,709
3,221,825

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,800 24,792
Amounts owed by group undertakings 502,808 1,056,112
Other debtors 15,693 20,606
528,301 1,101,510

CALDER PROPERTIES LIMITED (REGISTERED NUMBER: 01789314)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 149,741 137,905
Trade creditors 8,437 986
Amounts owed to group undertakings 229,135 -
Taxation and social security - 21,682
Other creditors 41,342 241,344
428,655 401,917

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 626,668 725,415

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 27,705 173,794

Interest on the bank loan, which is repayable in January 2026, is charged at a commercial rate of interest.

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 776,409 863,320

The bank loan is secured by a charge on the company's freehold land and buildings and investment property.

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

John Richard Hall FCA (Senior Statutory Auditor)
for and on behalf of Walter Dawson & Son

CALDER PROPERTIES LIMITED (REGISTERED NUMBER: 01789314)

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

11. RELATED PARTY DISCLOSURES

Throughout the year, Mr. Gregory Bedford, Mr. David Bedford, Mrs Carol Brown & Mrs Tracy Wadsworth each had control of 25% of the voting shares in the parent company, and together with their involvement in its day-to-day management, were deemed to be the controlling parties for the purposes of Financial Reporting Standard No. 102.

As at 30th June 2024 the following amounts were owed by group companies to Calder Properties Limited: Calderdale Carpets Limited £269,604 (2023: £541,263), Calder Dyeing Limited £233,204 (2023:£259,962) and Calder Textiles Limited £nil (2023: £254,886) .

As at 30th June 2024 the following amounts were owed to group companies by Calder Properties Limited: Calder Textiles Limited £229,135 (2023: nil).

12. ULTIMATE PARENT COMPANY

The ultimate parent company is Calder Group (Dewsbury) Limited, a company registered in England.