Silverfin false false 31/07/2024 01/08/2023 31/07/2024 H M Spiers 11/01/2007 E J Spiers 11/01/2007 31 March 2025 no description of principal activity 06049273 2024-07-31 06049273 bus:Director1 2024-07-31 06049273 bus:Director2 2024-07-31 06049273 2023-07-31 06049273 core:CurrentFinancialInstruments 2024-07-31 06049273 core:CurrentFinancialInstruments 2023-07-31 06049273 core:Non-currentFinancialInstruments 2024-07-31 06049273 core:Non-currentFinancialInstruments 2023-07-31 06049273 core:ShareCapital 2024-07-31 06049273 core:ShareCapital 2023-07-31 06049273 core:RetainedEarningsAccumulatedLosses 2024-07-31 06049273 core:RetainedEarningsAccumulatedLosses 2023-07-31 06049273 core:ComputerSoftware 2023-07-31 06049273 core:ComputerSoftware 2024-07-31 06049273 core:LeaseholdImprovements 2023-07-31 06049273 core:PlantMachinery 2023-07-31 06049273 core:Vehicles 2023-07-31 06049273 core:FurnitureFittings 2023-07-31 06049273 core:OfficeEquipment 2023-07-31 06049273 core:LeaseholdImprovements 2024-07-31 06049273 core:PlantMachinery 2024-07-31 06049273 core:Vehicles 2024-07-31 06049273 core:FurnitureFittings 2024-07-31 06049273 core:OfficeEquipment 2024-07-31 06049273 core:CurrentFinancialInstruments 7 2024-07-31 06049273 core:CurrentFinancialInstruments 7 2023-07-31 06049273 2022-07-31 06049273 core:AcceleratedTaxDepreciationDeferredTax 2024-07-31 06049273 core:AcceleratedTaxDepreciationDeferredTax 2023-07-31 06049273 bus:OrdinaryShareClass1 2024-07-31 06049273 bus:OrdinaryShareClass2 2024-07-31 06049273 core:WithinOneYear 2024-07-31 06049273 core:WithinOneYear 2023-07-31 06049273 core:BetweenOneFiveYears 2024-07-31 06049273 core:BetweenOneFiveYears 2023-07-31 06049273 2023-08-01 2024-07-31 06049273 bus:FilletedAccounts 2023-08-01 2024-07-31 06049273 bus:SmallEntities 2023-08-01 2024-07-31 06049273 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 06049273 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 06049273 bus:Director1 2023-08-01 2024-07-31 06049273 bus:Director2 2023-08-01 2024-07-31 06049273 core:ComputerSoftware core:TopRangeValue 2023-08-01 2024-07-31 06049273 core:LeaseholdImprovements core:TopRangeValue 2023-08-01 2024-07-31 06049273 core:PlantMachinery 2023-08-01 2024-07-31 06049273 core:PlantMachinery core:TopRangeValue 2023-08-01 2024-07-31 06049273 core:Vehicles core:TopRangeValue 2023-08-01 2024-07-31 06049273 core:FurnitureFittings 2023-08-01 2024-07-31 06049273 core:OfficeEquipment core:TopRangeValue 2023-08-01 2024-07-31 06049273 2022-08-01 2023-07-31 06049273 core:ComputerSoftware 2023-08-01 2024-07-31 06049273 core:LeaseholdImprovements 2023-08-01 2024-07-31 06049273 core:Vehicles 2023-08-01 2024-07-31 06049273 core:OfficeEquipment 2023-08-01 2024-07-31 06049273 core:Non-currentFinancialInstruments 2023-08-01 2024-07-31 06049273 bus:OrdinaryShareClass1 2023-08-01 2024-07-31 06049273 bus:OrdinaryShareClass1 2022-08-01 2023-07-31 06049273 bus:OrdinaryShareClass2 2023-08-01 2024-07-31 06049273 bus:OrdinaryShareClass2 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 06049273 (England and Wales)

CAULIFLOWER GROUP LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 JULY 2024
PAGES FOR FILING WITH THE REGISTRAR

CAULIFLOWER GROUP LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JULY 2024

Contents

CAULIFLOWER GROUP LIMITED

COMPANY INFORMATION

FOR THE FINANCIAL YEAR ENDED 31 JULY 2024
CAULIFLOWER GROUP LIMITED

COMPANY INFORMATION (continued)

FOR THE FINANCIAL YEAR ENDED 31 JULY 2024
DIRECTORS H M Spiers
E J Spiers
SECRETARY E J Spiers
REGISTERED OFFICE Wey Court West
Union Road
Farnham
Surrey
GU9 7PT
United Kingdom
COMPANY NUMBER 06049273 (England and Wales)
ACCOUNTANT Shaw Gibbs Limited
Wey Court West
Union Road
Farnham
Surrey
GU9 7PT
CAULIFLOWER GROUP LIMITED

BALANCE SHEET

AS AT 31 JULY 2024
CAULIFLOWER GROUP LIMITED

BALANCE SHEET (continued)

AS AT 31 JULY 2024
Note 31.07.2024 31.07.2023
£ £
Fixed assets
Intangible assets 3 24,970 30,045
Tangible assets 4 196,661 245,264
221,631 275,309
Current assets
Stocks 3,208 7,134
Debtors 5 197,802 180,030
Cash at bank and in hand 1,074,498 979,427
1,275,508 1,166,591
Creditors: amounts falling due within one year 6 ( 302,151) ( 249,261)
Net current assets 973,357 917,330
Total assets less current liabilities 1,194,988 1,192,639
Creditors: amounts falling due after more than one year 7 ( 15,301) ( 26,905)
Provision for liabilities 8 ( 45,733) ( 58,578)
Net assets 1,133,954 1,107,156
Capital and reserves
Called-up share capital 9 1,060 1,060
Profit and loss account 1,132,894 1,106,096
Total shareholders' funds 1,133,954 1,107,156

For the financial year ending 31 July 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Cauliflower Group Limited (registered number: 06049273) were approved and authorised for issue by the Board of Directors on 31 March 2025. They were signed on its behalf by:

H M Spiers
Director
E J Spiers
Director
CAULIFLOWER GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JULY 2024
CAULIFLOWER GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JULY 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Cauliflower Group Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Wey Court West, Union Road,, Farnham, Surrey, GU9 7PT, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Taxation

Current tax
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.

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.

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.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Computer software 10 years straight line
Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements 10 years straight line
Plant and machinery 25 % reducing balance
5 years straight line
Vehicles 4 years straight line
Fixtures and fittings 25 % reducing balance
Office equipment 4 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the has a present obligation (legal or constructive) as a result of a past event, it is probable that the will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the
contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan
are held separately from the Company in independently administered funds.

2. Employees

31.07.2024 31.07.2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 14 15

3. Intangible assets

Computer software Total
£ £
Cost
At 01 August 2023 71,247 71,247
Additions 8,256 8,256
At 31 July 2024 79,503 79,503
Accumulated amortisation
At 01 August 2023 41,202 41,202
Charge for the financial year 13,331 13,331
At 31 July 2024 54,533 54,533
Net book value
At 31 July 2024 24,970 24,970
At 31 July 2023 30,045 30,045

4. Tangible assets

Leasehold improve-
ments
Plant and machinery Vehicles Fixtures and fittings Office equipment Total
£ £ £ £ £ £
Cost
At 01 August 2023 48,880 1,206,814 60,848 11,926 88,752 1,417,220
Additions 0 30,689 0 0 180 30,869
Disposals 0 0 0 0 ( 833) ( 833)
At 31 July 2024 48,880 1,237,503 60,848 11,926 88,099 1,447,256
Accumulated depreciation
At 01 August 2023 46,475 1,042,884 15,212 10,862 56,523 1,171,956
Charge for the financial year 1,141 50,563 15,212 266 12,290 79,472
Disposals 0 0 0 0 ( 833) ( 833)
At 31 July 2024 47,616 1,093,447 30,424 11,128 67,980 1,250,595
Net book value
At 31 July 2024 1,264 144,056 30,424 798 20,119 196,661
At 31 July 2023 2,405 163,930 45,636 1,064 32,229 245,264
Leased assets included above:
Net book value
At 31 July 2024 0 0 30,424 0 0 30,424
At 31 July 2023 0 0 45,636 0 0 45,636

5. Debtors

31.07.2024 31.07.2023
£ £
Trade debtors 51,626 43,406
Prepayments 70,758 59,815
VAT recoverable 11,518 12,909
Deposits 63,900 63,900
197,802 180,030

6. Creditors: amounts falling due within one year

31.07.2024 31.07.2023
£ £
Trade creditors 128,480 103,757
Amounts owed to directors 32,673 24,255
Accruals and deferred income 26,527 33,301
Taxation and social security 96,963 76,629
Obligations under finance leases and hire purchase contracts 11,604 11,037
Other creditors 5,904 282
302,151 249,261

7. Creditors: amounts falling due after more than one year

31.07.2024 31.07.2023
£ £
Obligations under finance leases and hire purchase contracts 15,301 26,905

There are no amounts included above in respect of which any security has been given by the small entity.

8. Deferred tax

31.07.2024 31.07.2023
£ £
At the beginning of financial year ( 58,578) ( 64,824)
Credited to the Statement of Income and Retained Earnings 12,845 6,246
At the end of financial year ( 45,733) ( 58,578)

The deferred taxation balance is made up as follows:

31.07.2024 31.07.2023
£ £
Accelerated capital allowances ( 45,733) ( 58,578)

9. Called-up share capital

31.07.2024 31.07.2023
£ £
Allotted, called-up and fully-paid
970 Ordinary shares of £ 1.00 each 970 970
90 B ordinary shares of £ 1.00 each 90 90
1,060 1,060

10. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

31.07.2024 31.07.2023
£ £
within one year 96,366 130,321
between one and five years 90,951 187,317
187,317 317,638

Pensions

The Company operates a defined contribution pension scheme for the directors and employees. The assets of the scheme are held separately from those of the Company in an independently administered fund.

31.07.2024 31.07.2023
£ £
Unpaid contributions due to the fund (inc. in other creditors) 1,274 0