REGISTERED NUMBER: 04908778 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Calington Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

I Kindness

REGISTERED OFFICE:

The Gate House

Fretherne Road

Welwyn Garden City

Hertfordshire

AL8 6NS

REGISTERED NUMBER:

04908778 (England and Wales)

AUDITORS:

Godfrey Laws & Co Limited

Statutory Auditors

65 Knowl Piece

Wilbury Way

Hitchin

Hertfordshire

SG4 0TY

FIXED ASSETS

Tangible assets

4

1,518

764

CURRENT ASSETS

Stocks

11,014,746

2,406,164

Debtors

5

2,423,541

1,261,054

Cash at bank and in hand

1,258,369

1,138,696

14,696,656

4,805,914

CREDITORS

Amounts falling due within one year

6

12,736,936

3,325,391

NET CURRENT ASSETS

1,959,720

1,480,523

TOTAL ASSETS LESS CURRENT LIABILITIES

1,961,238

1,481,287

PROVISIONS FOR LIABILITIES

379

263

NET ASSETS

1,960,859

1,481,024

CAPITAL AND RESERVES

Called up share capital

8

1,004,972

1,004,972

Retained earnings

955,887

476,052

SHAREHOLDERS' FUNDS

1,960,859

1,481,024

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 director and authorised for issue on 29 August 2025 and were signed by:

I Kindness - Director

1.	STATUTORY INFORMATION

Calington 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.

Revenue recognition

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

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 10% on cost

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.

Tax

The tax expense for the period comprises current and deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

55,274

Additions

1,197

At 31 December 2024

56,471

DEPRECIATION

At 1 January 2024

54,510

Charge for year

443

At 31 December 2024

54,953

NET BOOK VALUE

At 31 December 2024

1,518

At 31 December 2023

764

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

921,051

265,472

Other debtors

1,502,490

995,582

2,423,541

1,261,054

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

11,903,442

2,622,191

Taxation and social security

637,839

535,359

Other creditors

195,655

167,841

12,736,936

3,325,391

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.24

31.12.23

£

£

Within one year

28,434

28,434

Between one and five years

40,372

68,807

68,806

97,241

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

1

Ordinary of £1 each

1

1

1

1,004,671

Redeemable Preference of £1

each

1

1,004,971

1,004,971

1,004,972

1,004,972

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Howard Ashmore FCA (Senior Statutory Auditor)

for and on behalf of Godfrey Laws & Co Limited

10.	ULTIMATE PARENT COMPANY

The ultimate parent company is Overveen Generaal Netherlands B.V. The registered office is: De Cuserstraat 89, 1081 CN Amsterdam, The Netherlands.