REGISTERED NUMBER: 08250092 (England and Wales)

Unaudited Financial Statements

for the Period 1 November 2023 to 31 March 2025

for

Castle Eden Lift Trucks Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr I Carr

Mrs A Carr

Mr P Dawes

Mrs J Dawes

REGISTERED OFFICE:

Unit 6 3 Cook Way

North West Industrial Estate

Peterlee

Co. Durham

SR8 2HY

REGISTERED NUMBER:

08250092 (England and Wales)

ACCOUNTANTS:

Milner Smeaton

Chartered Accountants and Chartered Tax Advisers

Viking House

Falcon Court

Preston Farm

Stockton-on-Tees

TS18 3TS

FIXED ASSETS

Tangible assets

4

614,154

542,723

CURRENT ASSETS

Stocks

7,650

78,766

Debtors

5

80,835

95,139

Cash at bank

42,772

76,878

131,257

250,783

CREDITORS

Amounts falling due within one year

6

255,341

199,768

NET CURRENT (LIABILITIES)/ASSETS

(124,084

)

51,015

TOTAL ASSETS LESS CURRENT LIABILITIES

490,070

593,738

CREDITORS

Amounts falling due after more than one year

7

(93,048

)

(176,291

)

PROVISIONS FOR LIABILITIES

(107,208

)

(155,697

)

NET ASSETS

289,814

261,750

CAPITAL AND RESERVES

Called up share capital

4

4

Revaluation reserve

153,328

-

Retained earnings

136,482

261,746

289,814

261,750

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 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 Income Statement has not been delivered.

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

Mrs A Carr - Director

1.	STATUTORY INFORMATION

Castle Eden Lift Trucks 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

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 as modified by the revaluation of certain assets.

Turnover

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

Tangible fixed assets

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

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 period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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

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 period was 9 (2023 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST OR VALUATION

At 1 November 2023

778,127

Additions

171,983

Disposals

(195,156

)

Revaluations

18,143

At 31 March 2025

773,097

DEPRECIATION

At 1 November 2023

235,404

Charge for period

116,617

Eliminated on disposal

(57,893

)

Revaluation adjustments

(135,185

)

At 31 March 2025

158,943

NET BOOK VALUE

At 31 March 2025

614,154

At 31 October 2023

542,723

Cost or valuation at 31 March 2025 is represented by:

Plant and

machinery

etc

£

Valuation in 2025

18,143

Cost

754,954

773,097

If Plant & Machinery had not been revalued they would have been included at the following historical cost:

31.3.25

31.10.23

£

£

Cost

429,157

-

Aggregate depreciation

153,328

-

Plant & Machinery were valued on an open market basis on 31 March 2025 by the directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.10.23

£

£

Trade debtors

80,835

95,139

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.10.23

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

70,204

86,067

Trade creditors

22,503

20,022

Taxation and social security

149,131

81,656

Other creditors

3,503

2,023

255,341

199,768

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.10.23

£

£

Bank loans

6,667

20,833

Hire purchase contracts

86,381

155,458

93,048

176,291

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.10.23

£

£

Hire purchase contracts

156,585

241,525

9.	OTHER FINANCIAL COMMITMENTS

The company had total operating lease commitments as at 31 March 2025 of £27,000 (2023: £45,000).