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REGISTERED NUMBER: 01405035 (England and Wales)
















































Financial Statements

for the Year Ended 31 December 2024

for

Calne Engineering Limited

Calne Engineering Limited (Registered number: 01405035)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Calne Engineering Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Michael J Board
Mark J Board
P Andrews
P A Woolford





SECRETARY: Michael J Board





REGISTERED OFFICE: Stanier Road
Portemarsh Industrial Estate
Calne
Wiltshire
SN11 9PX





REGISTERED NUMBER: 01405035 (England and Wales)





ACCOUNTANTS: Mander Duffill
Chartered Accountants
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR

Calne Engineering Limited (Registered number: 01405035)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 3,076,375 3,056,876

CURRENT ASSETS
Stocks 12,503 13,151
Debtors 5 662,248 753,722
Cash at bank and in hand 302,208 199,722
976,959 966,595
CREDITORS
Amounts falling due within one year 6 558,617 532,984
NET CURRENT ASSETS 418,342 433,611
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,494,717

3,490,487

CREDITORS
Amounts falling due after more than one
year

7

(527,277

)

(562,338

)

PROVISIONS FOR LIABILITIES (319,094 ) (165,102 )
NET ASSETS 2,648,346 2,763,047

CAPITAL AND RESERVES
Called up share capital 645 645
Share premium 2,000 2,000
Revaluation reserve 8 1,146,604 1,146,604
Capital redemption reserve 2,435 2,435
Retained earnings 1,496,662 1,611,363
SHAREHOLDERS' FUNDS 2,648,346 2,763,047

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

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 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.

Calne Engineering Limited (Registered number: 01405035)

Balance Sheet - continued
31 December 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 5 June 2025 and were signed on its behalf by:




Michael J Board - Director Mark J Board - Director




P Andrews - Director P A Woolford - Director


Calne Engineering Limited (Registered number: 01405035)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Calne Engineering 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost, 25% on reducing balance and 10% on cost

Stocks
Stocks have been valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacture or completion.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 45 (2023 - 50 ) .

Calne Engineering Limited (Registered number: 01405035)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 January 2024 1,800,000 2,523,561 4,323,561
Additions - 294,726 294,726
Disposals - (64,373 ) (64,373 )
At 31 December 2024 1,800,000 2,753,914 4,553,914
DEPRECIATION
At 1 January 2024 - 1,266,685 1,266,685
Charge for year - 253,078 253,078
Eliminated on disposal - (42,224 ) (42,224 )
At 31 December 2024 - 1,477,539 1,477,539
NET BOOK VALUE
At 31 December 2024 1,800,000 1,276,375 3,076,375
At 31 December 2023 1,800,000 1,256,876 3,056,876

Cost or valuation at 31 December 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2021 936,604 - 936,604
Valuation in 2023 210,000 - 210,000
Cost 653,396 2,753,914 3,407,310
1,800,000 2,753,914 4,553,914

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

31.12.24 31.12.23
£    £   
Cost 653,396 653,396
Aggregate depreciation 204,192 204,192

Value of land in freehold land and buildings 449,204 449,204

Freehold land and buildings were valued on an open market basis on 12 July 2023 by NFU Mutual .

Calne Engineering Limited (Registered number: 01405035)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant and
machinery
etc
£   
COST OR VALUATION
At 1 January 2024 1,466,244
Additions 96,000
At 31 December 2024 1,562,244
DEPRECIATION
At 1 January 2024 441,200
Charge for year 156,224
At 31 December 2024 597,424
NET BOOK VALUE
At 31 December 2024 964,820
At 31 December 2023 1,025,044

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 656,915 748,389
Other debtors 5,333 5,333
662,248 753,722

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 291,751 230,624
Other creditors 266,866 302,360
558,617 532,984

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Other creditors 527,277 562,338

8. RESERVES
Revaluation
reserve
£   
At 1 January 2024
and 31 December 2024 1,146,604