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Registration number: 01618949

Cameron Fabric Engineering Ltd

Annual Report and Filleted Financial Statements

for the Year Ended 31 January 2025

 

Cameron Fabric Engineering Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3 to 6

 

Cameron Fabric Engineering Ltd

Company Information

Directors

Mr DA Cameron

Mrs ML Cameron

Ms HE Cameron

Mr CL Moore

Mr JNH Purvis

Mr CJ Lachenicht

Company secretary

Ms HE Cameron

Registered office

Cameron Balloons Ltd
St. Johns Street
Bedminster
Bristol
BS3 4NH

Accountants

Stone & Co Chartered Accountants
2 Charnwood House
Marsh Road
Ashton
Bristol
BS3 2NA

Auditors

Richardson Swift Audit Limited
11 Laura Place
Bath
BA2 4BL

 

Cameron Fabric Engineering Ltd

(Registration number: 01618949)
Balance Sheet as at 31 January 2025

Note

2025
£

2024
£

         

Current assets

   

Stocks

 

486,168

486,168

Debtors

4

 

1,475,491

1,453,666

Cash at bank and in hand

   

78

23,923

   

1,961,737

1,963,757

Creditors: Amounts falling due within one year

5

 

(1,973,000)

(1,973,500)

Net liabilities

   

(11,263)

(9,743)

Capital and reserves

   

Called up share capital

6

14

 

14

Retained earnings

(11,277)

 

(9,757)

Shareholders' deficit

   

(11,263)

(9,743)

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 6 July 2025 and signed on its behalf by:
 

.........................................

Mr DA Cameron
Director

 

Cameron Fabric Engineering Ltd

Notes to the Financial Statements for the Year Ended 31 January 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

These financial statements were authorised for issue by the Board on 6 July 2025.

The address of its registered office is:
Cameron Balloons Ltd
St. Johns Street
Bedminster
Bristol
BS3 4NH

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention. The financial statements are prepared in pounds sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis despite some current projects taking longer to complete due to external environmental factors, but once resolved, adequate profits and cashflow should be realised.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

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.

For contracts spanning the end of a reporting period, and where the outcome of the contract can be estimated reliably, revenue is recognised according to the stage of completion at the end of the reporting period. When the outcome of a contract cannot be estimated reliably, the company recognises revenue only to the extent of the expenses recognised that are recoverable.

 

Cameron Fabric Engineering Ltd

Notes to the Financial Statements for the Year Ended 31 January 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for goods sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Cameron Fabric Engineering Ltd

Notes to the Financial Statements for the Year Ended 31 January 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Financial instruments

Classification
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 entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

 

3

Staff numbers

The average number of persons employed by the company (excluding directors) during the year, was 6 (2024 - 6).

4

Debtors

Note

2025
£

2024
£

Amounts owed by group undertakings and undertakings in which the company has a participating interest

1,475,491

1,453,666

 

1,475,491

1,453,666

5

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Accruals and deferred income

2,000

2,500

Other creditors

1,971,000

1,971,000

1,973,000

1,973,500

 

Cameron Fabric Engineering Ltd

Notes to the Financial Statements for the Year Ended 31 January 2025

6

Share capital

Allotted, called up and fully paid shares

2025

2024

No.

£

No.

£

Ordinary shares of £1 each

14

14

14

14

       

7

Parent and ultimate parent undertaking

The company's immediate parent is Cameron Holdings Limited, incorporated in England and Wales.

 

The parent of the largest group in which these financial statements are consolidated is Cameron Holdings Limited, incorporated in England and Wales.

The address of Cameron Holdings Limited is:
St Johns Street
Bedminster
Bristol
BS3 4NH

8 Audit report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 17 July 2025 was Catherine Edwards BSc FCA, who signed for and on behalf of Richardson Swift Audit Limited.