SC053276falsethe supply of ironmongery to the building trade and the advice and specification of related products.2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:CompanySecretary12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/cd:Director22024-04-012025-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2025-03-31http://www.companieshouse.gov.uk/cd:Director32024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2025-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22024-04-012025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2024-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2025-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: SC053276
Caldwell Wright & Co Limited
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
Prepared By:
QP Accountancy Services
2 Dunbeath Grove
Blantyre
G72 0GL
Caldwell Wright & Co Limited
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
DIRECTORS
Linda Caldwell
Raymond Caldwell
Nicola Neary
SECRETARY
Linda Caldwell
REGISTERED OFFICE
96 Waverley Street
Glasgow
G41 2DY
COMPANY DETAILS
Private company limited by shares registered in SC - Scotland, registered number SC053276
ACCOUNTANTS
QP Accountancy Services
2 Dunbeath Grove
Blantyre
G72 0GL
Caldwell Wright & Co Limited
ACCOUNTS
FOR THEYEARENDED31/03/2025
CONTENTS
Page
Directors' Report-
Strategic Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Caldwell Wright & Co Limited
BALANCE SHEET AT 31/03/2025
20252024
Notes££
FIXED ASSETS
Tangible assets31,020,2491,102,463
Investment Assets41,3001,300
1,021,5491,103,763
CURRENT ASSETS
Stock539,666632,690
Debtors62,605,4222,435,882
Cash at bank and in hand263,058344,272
3,408,1463,412,844
CREDITORS: Amounts falling due within one year71,543,0041,654,180
NET CURRENT ASSETS1,865,1421,758,664
TOTAL ASSETS LESS CURRENT LIABILITIES2,886,6912,862,427
CREDITORS: Amounts falling due after more than one year8281,058439,685
PROVISIONS FOR LIABILITIES AND CHARGES913,96923,865
NET ASSETS2,591,6642,398,877
CAPITAL AND RESERVES
Called up share capital1010,90010,900
Revaluation reserve1f,11107,500107,500
Profit and loss account2,473,2642,280,477
SHAREHOLDERS' FUNDS2,591,6642,398,877
For the year ending 31/03/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 19/12/2025 and signed on their behalf by
.............................
Raymond Caldwell
Director
Caldwell Wright & Co Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsstraight line 15%
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 15%
Equipmentstraight line 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.
1f. Revaluation Reserve
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 11).
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account.
Caldwell Wright & Co Limited
1g. Leasing Commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.
2. EMPLOYEES
20252024
No.No.
Average number of employees3542
3. TANGIBLE FIXED ASSETS
Land AndPlant andCommercialFixtures
BuildingsMachineryVehiclesand FittingsEquipmentTotal
££££££
Cost
At 01/04/20241,094,83013,750573,268152,668353,5342,188,050
Additions--21,558--21,558
Disposals--(17,465)(29,822)(8,284)(55,571)
At 31/03/20251,094,83013,750577,361122,846345,2502,154,037
Depreciation
At 01/04/2024213,73110,898391,604152,230317,1241,085,587
Disposals--(16,481)(29,822)(8,284)(54,587)
For the year21,89471350,55910829,514102,788
At 31/03/2025235,62511,611425,682122,516338,3541,133,788
Net Book Amounts
At 31/03/2025859,2052,139151,6793306,8961,020,249
At 31/03/2024881,0992,852181,66443836,4101,102,463
Caldwell Wright & Co Limited
4. FINANCIAL ASSETS
Other
InvestmentsTotal
££
Cost
At 01/04/20241,3001,300
At 31/03/20251,3001,300
Amortisation
Net Book Amounts
At 31/03/20251,3001,300
At 31/03/20241,3001,300
5. STOCK 20252024
££
Stock comprises:
Stock539,666632,690
539,666632,690
6. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors629,895665,305
Other debtors1,965,9931,757,517
Prepayments9,53413,060
2,605,4222,435,882
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax122,087100,907
VAT93,76598,971
PAYE control47,12943,125
Directors current account481,584661,337
Bank Loan123,353121,531
Hire purchase16,30461,769
Trade creditors586,968445,791
Other creditors38,11429,588
Accruals33,70091,161
1,543,0041,654,180
Caldwell Wright & Co Limited
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Bank loans (secured) >1yr257,731400,054
Hire purchase >1yr23,32739,631
281,058439,685
9. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation13,96923,865
13,96923,865
10. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
10000 Ordinary shares of £1 each1000010000
900 Class 2 shares of £1 each900900
10,90010,900
11. REVALUATION RESERVE 20252024
££
Revaluation reserve107,500107,500
107,500107,500
12. RELATED PARTY TRANSACTIONS
During the year the company made sales and other charges of £169,154 to associated companies (2024 - £32,945) and purchases from associated companies of £733,297 (2024 - £811,308).
At the year end the balance due to the company by associated companies was £1,962,993 (2024 - £1,754,517) and by the company to associated companies was £9,371 (2024 - £nil).