Caldy Valley Renovations Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04713700 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

CALDY VALLEY RENOVATIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J D Roberts

L J Roberts

REGISTERED OFFICE:

25 Grosvenor Road

Wrexham

LL11 1BT

REGISTERED NUMBER:

04713700 (England and Wales)

ACCOUNTANTS:

M. D. Coxey and Co. Limited

Chartered Accountants

25 Grosvenor Road

Wrexham

LL11 1BT

BANKERS:

National Westminster Bank Plc

33 Eastgate Street

Chester

CH1 1XA

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

17,172

22,083

17,172

22,083

CURRENT ASSETS

Stocks

6

5,000

Debtors

7

26,359

32,615

Cash at bank

9,187

676

40,546

38,291

CREDITORS

Amounts falling due within one year

8

44,727

43,577

NET CURRENT LIABILITIES

(4,181

)

(5,286

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

12,991

16,797

CREDITORS

Amounts falling due after more than one
year

9

(1,869

)

(6,949

)

PROVISIONS FOR LIABILITIES

11

(3,263

)

(4,196

)

NET ASSETS

7,859

5,652

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

7,858

5,651

SHAREHOLDERS' FUNDS

7,859

5,652

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.

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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12th June 2025 and were signed on its behalf by:

J D Roberts - Director

1.	STATUTORY INFORMATION

Caldy Valley Renovations 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.

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis on the assumption that the support of the providers of finance will be continued. If this support is withdrawn, adjustments would have to be made to reduce the value of assets to their recoverable amounts, to provide for any further liabilities that might arise and to reclassify fixed assets and long term liabilities as current assets and current liabilities.

The company's presentational currency is pounds sterling.

Turnover

Turnover has arisen wholly within the United Kingdom.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on cost

Fixtures and fittings

-

33% on cost

Motor vehicles

-

25% on cost

Stock and work in progress

Stock and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 3 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

30,000

AMORTISATION

At 1st April 2024

and 31st March 2025

30,000

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

COST

At 1st April 2024

11,173

5,173

19,875

36,221

Additions

882

-

882

At 31st March 2025

12,055

5,173

19,875

37,103

DEPRECIATION

At 1st April 2024

8,971

5,167

-

14,138

Charge for year

824

-

4,969

5,793

At 31st March 2025

9,795

5,167

4,969

19,931

NET BOOK VALUE

At 31st March 2025

2,260

6

14,906

17,172

At 31st March 2024

2,202

6

19,875

22,083

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

Motor

vehicles

£

COST

Reclassification/transfer

19,875

At 31st March 2025

19,875

DEPRECIATION

Charge for year

4,969

At 31st March 2025

4,969

NET BOOK VALUE

At 31st March 2025

14,906

6.

STOCKS

31.3.25

31.3.24

£

Stock and WIP

5,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

2,124

12,267

Other debtors

2,001

766

Directors' current accounts

21,501

15,498

VAT

-

2,564

Prepayments

733

1,520

26,359

32,615

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

5,100

11,355

Hire purchase contracts

13,252

18,381

Trade creditors

3,430

9,802

Tax

9,135

1,310

VAT

8,648

-

Credit card

2,880

671

Accrued expenses

2,282

2,058

44,727

43,577

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans - 1-2 years

1,869

5,200

Bank loans - 2-5 years

-

1,749

1,869

6,949

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

Bank overdraft

-

6,255

11.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

Deferred tax

3,263

4,196

Deferred

tax

£

Balance at 1st April 2024

4,196

Movement in year due to: -

changes in tax allowances

(933

)

changes in tax rates

Balance at 31st March 2025

3,263

12.	CAPITAL COMMITMENTS

31.3.25

31.3.24

£

Contracted but not provided for in the

financial statements

-