REGISTERED NUMBER: 03615504 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

C.A.F. LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

F C Bartram

L C Hodson

S A Bowen

SECRETARY:

F C Bartram

REGISTERED OFFICE:

Kings Chambers

Queens Cross

High Street

Dudley

West Midlands

DY1 1QT

REGISTERED NUMBER:

03615504 (England and Wales)

ACCOUNTANTS:

Saxon & Co Accountants Ltd

Chartered Certified Accountants

Kings Chambers

Queens Cross

High Street

Dudley

West Midlands

DY1 1QT

FIXED ASSETS

Intangible assets

4

13,738

-

Tangible assets

5

133,751

142,790

147,489

142,790

CURRENT ASSETS

Stocks

633,746

1,258,642

Debtors

6

965,174

1,415,117

Cash at bank

602,688

657,163

2,201,608

3,330,922

CREDITORS

Amounts falling due within one year

7

1,293,850

2,433,482

NET CURRENT ASSETS

907,758

897,440

TOTAL ASSETS LESS CURRENT LIABILITIES

1,055,247

1,040,230

CREDITORS

Amounts falling due after more than one year

8

(5,000

)

(21,925

)

PROVISIONS FOR LIABILITIES

9

(10,251

)

(11,290

)

NET ASSETS

1,039,996

1,007,015

CAPITAL AND RESERVES

Called up share capital

75

75

Share premium

28,376

28,376

Capital redemption reserve

14,213

14,213

Retained earnings

997,332

964,351

SHAREHOLDERS' FUNDS

1,039,996

1,007,015

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 29 September 2025 and were signed on its behalf by:

F C Bartram - Director

1.	STATUTORY INFORMATION

C.A.F. 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.

Turnover

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

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.

Product accreditation are being amortised evenly over their estimated useful life of nil years.

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.

Freehold property

-

5% on reducing balance

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33.33% on reducing balance

Stocks

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

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.

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 9 (2023 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

15,265

At 31 December 2024

15,265

AMORTISATION

Charge for year

1,527

At 31 December 2024

1,527

NET BOOK VALUE

At 31 December 2024

13,738

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2024

287,099

414,438

6,308

Additions

-

14,208

-

At 31 December 2024

287,099

428,646

6,308

DEPRECIATION

At 1 January 2024

189,471

392,134

4,066

Charge for year

4,881

7,303

1,262

At 31 December 2024

194,352

399,437

5,328

NET BOOK VALUE

At 31 December 2024

92,747

29,209

980

At 31 December 2023

97,628

22,304

2,242

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

40,537

8,008

756,390

Additions

-

444

14,652

At 31 December 2024

40,537

8,452

771,042

DEPRECIATION

At 1 January 2024

19,921

8,008

613,600

Charge for year

10,134

111

23,691

At 31 December 2024

30,055

8,119

637,291

NET BOOK VALUE

At 31 December 2024

10,482

333

133,751

At 31 December 2023

20,616

-

142,790

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

Motor

vehicles

£

COST

At 1 January 2024

and 31 December 2024

30,760

DEPRECIATION

At 1 January 2024

16,662

Charge for year

7,690

At 31 December 2024

24,352

NET BOOK VALUE

At 31 December 2024

6,408

At 31 December 2023

14,098

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

618,791

1,097,888

Other debtors

327,152

304,652

Prepayments

19,231

12,577

965,174

1,415,117

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

6,925

7,855

Trade creditors

1,024,262

1,990,570

Taxation

138,660

187,112

Social security and other taxes

5,778

9,058

Pension

1,095

1,140

VAT

15,018

151,735

Directors' current accounts

68,212

68,212

Accrued expenses

23,900

7,800

1,293,850

2,433,482

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

5,000

10,000

Bank loans - 2-5 years

-

5,000

Hire purchase contracts

-

6,925

5,000

21,925

9.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

10,251

11,290

Deferred

tax

£

Balance at 1 January 2024

11,290

Credit to Statement of Income and Retained Earnings during year

(1,039

)

Balance at 31 December 2024

10,251