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REGISTERED NUMBER: 03732479 (England and Wales)











CAMPBELL MUNRO LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025






CAMPBELL MUNRO LTD (REGISTERED NUMBER: 03732479)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


CAMPBELL MUNRO LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025







DIRECTORS: D R C Munro
Mrs J E Munro
J F C Munro
L C C Munro





SECRETARY: Mrs J E Munro





REGISTERED OFFICE: Thorpe House
Croft Road
Crowborough
East Sussex
TN6 1DL





REGISTERED NUMBER: 03732479 (England and Wales)





ACCOUNTANTS: Gibbons Mannington & Phipps LLP
Chartered Accountants
20 Eversley Road
Bexhill-on-Sea
East Sussex
TN40 1HE

CAMPBELL MUNRO LTD (REGISTERED NUMBER: 03732479)

BALANCE SHEET
31ST MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 39,397 5,316
Investments 6 - 109,788
39,397 115,104

CURRENT ASSETS
Debtors 7 191,977 192,862
Cash at bank 206,514 251,514
398,491 444,376
CREDITORS
Amounts falling due within one year 8 145,623 128,660
NET CURRENT ASSETS 252,868 315,716
TOTAL ASSETS LESS CURRENT
LIABILITIES

292,265

430,820

CREDITORS
Amounts falling due after more than
one year

9

(38,315

)

-

PROVISIONS FOR LIABILITIES (9,849 ) (3,785 )
NET ASSETS 244,101 427,035

CAPITAL AND RESERVES
Called up share capital 10 100 100
Fair value reserve 11 - 7,368
Retained earnings 244,001 419,567
SHAREHOLDERS' FUNDS 244,101 427,035

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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.

CAMPBELL MUNRO LTD (REGISTERED NUMBER: 03732479)

BALANCE SHEET - continued
31ST MARCH 2025


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 6th June 2025 and were signed on its behalf by:




D R C Munro - Director



Mrs J E Munro - Director


CAMPBELL MUNRO LTD (REGISTERED NUMBER: 03732479)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025


1. STATUTORY INFORMATION

Campbell Munro Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated economic life of three years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures, fittings and equipment
-
33% on reducing balance and 20% on reducing balance
Motor vehicles - 25% on cost

Investments
Investments in listed shares are included at fair value. Any increase in fair value is not distributable until such time that it is realised, and it is therefore transferred to a non-distributable fair value reserve at the end of each period. Where there is a reduction in fair value, this will first reduce the fair value reserve. Should the reduction exceed the fair value reserve, any remaining amount will reduce distributable reserves. Any subsequent increase in fair value will first reverse the reduction in distributable reserves, before creating a fair value reserve.

Deferred tax is recognised on any unrealised gain arising from an increase in fair value. The amount transferred to the fair value reserve is net of deferred tax.

Due to the inherent difficulty in valuing individual pieces of Artwork, this class of investments has been recorded at cost less impairment.

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.

CAMPBELL MUNRO LTD (REGISTERED NUMBER: 03732479)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2024
and 31st March 2025 60,793
AMORTISATION
At 1st April 2024
and 31st March 2025 60,793
NET BOOK VALUE
At 31st March 2025 -
At 31st March 2024 -

5. TANGIBLE FIXED ASSETS
Fixtures,
fittings
and Motor
equipment vehicles Totals
£    £    £   
COST
At 1st April 2024 57,003 - 57,003
Additions - 47,165 47,165
At 31st March 2025 57,003 47,165 104,168
DEPRECIATION
At 1st April 2024 51,687 - 51,687
Charge for year 1,293 11,791 13,084
At 31st March 2025 52,980 11,791 64,771
NET BOOK VALUE
At 31st March 2025 4,023 35,374 39,397
At 31st March 2024 5,316 - 5,316

CAMPBELL MUNRO LTD (REGISTERED NUMBER: 03732479)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


6. INVESTMENTS
Other
investme
£   
COST
At 1st April 2024 109,788
Disposals (109,788 )
At 31st March 2025 -
NET BOOK VALUE
At 31st March 2025 -
At 31st March 2024 109,788

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 191,977 192,862

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 6,637 -
Taxation and social security 123,376 121,678
Other creditors 15,610 6,982
145,623 128,660

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Hire purchase contracts 38,315 -

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Fair
value
reserve
£   
At 1st April 2024 7,368
Transfer between reserves (7,368 )

At 31st March 2025 -

CAMPBELL MUNRO LTD (REGISTERED NUMBER: 03732479)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


12. PARENT COMPANY

The company is a subsidiary of Blackfoot Asset Management Limited, a company incorporated in England and Wales.The registered office address is Thorpe House, Croft Road, Crowborough, East Sussex.