Calf Igloo Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09638361 (England and Wales)

Calf Igloo Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

JE Roberts

EJ Roberts

REGISTERED OFFICE:

Uphampton Farm

Shobdon

Leominster

Herefordshire

HR6 9PA

REGISTERED NUMBER:

09638361 (England and Wales)

ACCOUNTANTS:

The Hutchinson Partnership Limited

trading as The Hutchinson Partnership

Chartered Accountants

The Bull Pen

Grove Farm

Portway, Burghill

Hereford

HR4 8NF

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Profit and Loss Account and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Calf Igloo Limited for the year ended 31 March 2025 which comprise the Profit and Loss Account, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Calf Igloo Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Calf Igloo Limited and state those matters that we have agreed to state to the Board of Directors of Calf Igloo Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Calf Igloo Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Calf Igloo Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Calf Igloo Limited. You consider that Calf Igloo Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Calf Igloo Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

The Hutchinson Partnership Limited

trading as The Hutchinson Partnership

Chartered Accountants

The Bull Pen

Grove Farm

Portway, Burghill

Hereford

HR4 8NF

17 December 2025

FIXED ASSETS

Intangible assets

4

2,000

4,000

Tangible assets

5

31,644

11,225

33,644

15,225

CURRENT ASSETS

Stocks

219,842

273,531

Debtors

6

59,629

53,778

Cash at bank and in hand

55,204

133,881

334,675

461,190

CREDITORS

Amounts falling due within one year

7

46,268

138,227

NET CURRENT ASSETS

288,407

322,963

TOTAL ASSETS LESS CURRENT
LIABILITIES

322,051

338,188

CREDITORS

Amounts falling due after more than one
year

8

(13,797

)

-

PROVISIONS FOR LIABILITIES

10

(6,811

)

(2,477

)

NET ASSETS

301,443

335,711

CAPITAL AND RESERVES

Allotted, issued and fully paid up share
capital

80

Capital redemption reserve

40

Retained earnings

301,323

335,591

301,443

335,711

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

The members have not required the company to obtain an audit of its financial statements for the year 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 December 2025 and were signed on its behalf by:

JE Roberts - Director

1.	STATUTORY INFORMATION

Calf Igloo 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.

The directors have considered the financial requirements of the company and consider that it will be able to operate within its agreed finance facilities for the next 12 months. The directors therefore consider it appropriate to prepare accounts on the going concern basis.

Turnover

Turnover represents sale of livestock housing, stated net of discounts, rebates, value added tax and other sales taxes.

The company recognises revenue when the significant risks and rewards of ownership have passed to the buyer, when the amount of revenue can be measured reliably, when it is probable that the economic benefits associated with the transaction will flow to the entity and when the costs incurred or to be incurred in respect of the transaction can be measured reliably. Revenue from services is recognised in the accounting periods in which the services are rendered.

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 reducing balance

Motor vehicles

-

20% 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 Profit and Loss Account, 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 useful lives. Those held under finance leases are depreciated over their useful lives or the lease term, whichever is the shorter.

The interest elements of these obligations is charged to the 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 the profit or loss on a straight line basis over the period of the lease.

3.

EMPLOYEES

The average number of employees during the year was NIL (2024 - NIL).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

20,000

AMORTISATION

At 1 April 2024

16,000

Charge for year

2,000

At 31 March 2025

18,000

NET BOOK VALUE

At 31 March 2025

2,000

At 31 March 2024

4,000

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

COST

At 1 April 2024

20,557

8,500

29,057

Additions

-

27,990

At 31 March 2025

20,557

36,490

57,047

DEPRECIATION

At 1 April 2024

15,112

2,720

17,832

Charge for year

817

6,754

7,571

At 31 March 2025

15,929

9,474

25,403

NET BOOK VALUE

At 31 March 2025

4,628

27,016

31,644

At 31 March 2024

5,445

5,780

11,225

The net book value of tangible fixed assets includes £ 22,392 in respect of assets held under hire purchase contracts.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

20,220

53,778

Other debtors

2,500

-

Directors' current accounts

22,789

-

Corporation Tax

13,670

-

Prepayments and accrued income

450

-

59,629

53,778

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Hire purchase contracts

3,022

-

Trade creditors

1,849

53,388

Corporation Tax

33,424

VAT

3,505

3,779

Directors' current accounts

-

47,636

Accruals and deferred income

4,468

-

46,268

138,227

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Hire purchase contracts

13,797

-

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Hire purchase contracts

16,819

-

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

Accelerated capital allowances

7,641

2,477

Tax losses carried forward

(830

)

-

6,811

2,477

Deferred

tax

£

Balance at 1 April 2024

2,477

Provided during year

4,334

Balance at 31 March 2025

6,811

11.	RELATED PARTY DISCLOSURES

Included in debtors are loans to directors of £22,789 (2024 creditor of £47,636). Interest is charged on overdrawn balances at 2.25%. The loans are repayable on demand.

Included in debtors is a loan to a company under common control of £2,500 (2024 - £NIL). This loan is interest free and repayable on demand.

During the year rent of £6,669 (2024 - £9,524) was paid to a partnership of which the directors are partners.