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REGISTERED NUMBER: 04782660 (England and Wales)
















































Financial Statements

for the Year Ended 30 September 2024

for

Calibration,Maintenance & Repair Ltd

Calibration,Maintenance & Repair Ltd (Registered number: 04782660)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Calibration,Maintenance & Repair Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTOR: S M Webber





REGISTERED OFFICE: Unit 3 Iceni Court
Icknield Way
Letchworth Garden City
Hertfordshire
SG6 1TN





REGISTERED NUMBER: 04782660 (England and Wales)





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

Calibration,Maintenance & Repair Ltd (Registered number: 04782660)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 950,531 1,045,275
Investments 6 100 100
950,631 1,045,375

CURRENT ASSETS
Stocks 4,985 6,209
Debtors 7 896,366 218,081
Cash at bank and in hand 386,106 887,288
1,287,457 1,111,578
CREDITORS
Amounts falling due within one year 8 245,413 335,777
NET CURRENT ASSETS 1,042,044 775,801
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,992,675

1,821,176

CREDITORS
Amounts falling due after more than one
year

9

-

(134,356

)

PROVISIONS FOR LIABILITIES (95,524 ) (117,516 )
NET ASSETS 1,897,151 1,569,304

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,897,051 1,569,204
1,897,151 1,569,304

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Calibration,Maintenance & Repair Ltd (Registered number: 04782660)

Balance Sheet - continued
30 September 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 June 2025 and were signed by:





S M Webber - Director


Calibration,Maintenance & Repair Ltd (Registered number: 04782660)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Calibration,Maintenance & Repair 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.

Preparation of consolidated financial statements
The financial statements contain information about Calibration,Maintenance & Repair Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of five 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 each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on cost, 10% on cost and 2% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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


Calibration,Maintenance & Repair Ltd (Registered number: 04782660)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued
Taxation
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 14 (2023 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 68,200
AMORTISATION
At 1 October 2023
and 30 September 2024 68,200
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

Calibration,Maintenance & Repair Ltd (Registered number: 04782660)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. TANGIBLE FIXED ASSETS
Improvements
Long to Plant and
leasehold property machinery
£    £    £   
COST
At 1 October 2023 356,212 252,779 976,150
Additions - - 13,157
At 30 September 2024 356,212 252,779 989,307
DEPRECIATION
At 1 October 2023 26,716 14,220 557,170
Charge for year 7,124 5,055 75,908
At 30 September 2024 33,840 19,275 633,078
NET BOOK VALUE
At 30 September 2024 322,372 233,504 356,229
At 30 September 2023 329,496 238,559 418,980

Furniture
and
office Motor
equipment vehicles Totals
£    £    £   
COST
At 1 October 2023 112,071 31,985 1,729,197
Additions 5,920 - 19,077
At 30 September 2024 117,991 31,985 1,748,274
DEPRECIATION
At 1 October 2023 75,114 10,702 683,922
Charge for year 17,987 7,747 113,821
At 30 September 2024 93,101 18,449 797,743
NET BOOK VALUE
At 30 September 2024 24,890 13,536 950,531
At 30 September 2023 36,957 21,283 1,045,275

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2023
and 30 September 2024 100
NET BOOK VALUE
At 30 September 2024 100
At 30 September 2023 100

Calibration,Maintenance & Repair Ltd (Registered number: 04782660)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 184,809 202,815
Amounts owed by group undertakings 702,815 -
Other debtors 8,742 15,266
896,366 218,081

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts - 22,293
Trade creditors 43,934 50,365
Amounts owed to group undertakings 19,270 2,736
Taxation and social security 176,641 145,144
Other creditors 5,568 115,239
245,413 335,777

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans - 134,356

10. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Bank loans - 156,649

The bank loan is secured by a fixed and floating charge over the assets of the company and a negative pledge over the company leasehold property.

The company property also forms security for a mortgage held in the company's parent company.

11. OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments not included in the balance sheet is £599,064 (2023: £605,813) in respect of ground rent for the long leasehold property which expires on 4 July 2113.

12. RELATED PARTY DISCLOSURES

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.