Company registration number: 05881445
Unaudited financial statements
for the year ended 30 June 2025
for
Cornwall Scale & Equipment Ltd
Pages for filing with the Registrar
Company registration number: 05881445
Cornwall Scale & Equipment Ltd
Balance sheet
as at 30 June 2025
2025 2024
Note £ £ £ £
Fixed assets
Goodwill 4 55,300 58,800
Tangible assets 5 85,917 107,231
141,217 166,031
Current assets
Stocks 54,413 69,712
Debtors 49,099 47,870
Cash at bank and in hand 185,909 208,668
289,421 326,250
Creditors: amounts falling due within one
year 		(66,447) (84,765)
Net current assets 222,974 241,485
Total assets less current liabilities 364,191 407,516
Creditors: Amounts falling due after more
than one year 		(9,709) (26,120)
NET ASSETS 354,482 381,396
Capital and reserves
Called up share capital 200 200
Profit and loss account 354,282 381,196
TOTAL EQUITY 354,482 381,396
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 June 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 05881445
Cornwall Scale & Equipment Ltd
Balance sheet - continued
as at 30 June 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr M Sanders, Director
25 November 2025
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Cornwall Scale & Equipment Ltd
Notes to the financial statements
for the year ended 30 June 2025
1 Company information
Cornwall Scale & Equipment Ltd is a private company registered in England and Wales. Its registered number is 05881445. The company is limited by shares. Its registered office is Unit 2 Tregrehan Workshops, Tregrehan Mills, St Austell, Cornwall, PL25 3TQ.
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 historic cost convention.
Presentation currency
The company's financial statements are presented in sterling.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the 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.
Goodwill
Goodwill is being amortised on the following basis: 3% straight line.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
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Cornwall Scale & Equipment Ltd
Notes to the financial statements - continued
for the year ended 30 June 2025
2 Accounting policies - continued
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 etc.:
Plant and machinery - 15% reducing balance
Motor vehicles - 20% reducing balance
Computer equipment - 15% 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 taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 5 (2024 - 5).
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Cornwall Scale & Equipment Ltd
Notes to the financial statements - continued
for the year ended 30 June 2025
4 Goodwill
£
Cost
At 1 July 2024 102,500
At 30 June 2025 102,500
Amortisation
At 1 July 2024 43,700
Charge for year 3,500
At 30 June 2025 47,200
Net book value
At 30 June 2025 55,300
At 30 June 2024 58,800
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 July 2024 201,299
At 30 June 2025 201,299
Depreciation
At 1 July 2024 94,068
Charge for year 21,314
At 30 June 2025 115,382
Net book value
At 30 June 2025 85,917
At 30 June 2024 107,231
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