Company registration number 00097616 (England and Wales)
CALMONT KING & CO LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
CALMONT KING & CO LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 1 -

The directors present their 117th annual report and financial statements for the year ended 30 November 2025.

Principal activities

The principal activity of the company continued to be that of investing in quoted securities.

Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

Mr A Walford
Mr P C Walford
Miss L M Walford
Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
Mr A Walford
Director
6 April 2026
CALMONT KING & CO LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 2 -
2025
2024
Notes
£
£
Turnover
-
-
Administrative expenses
(15,681)
(12,246)
Operating loss
(15,681)
(12,246)
Interest receivable and similar income
47,033
38,154
Amounts written off investments
4
(2,372)
11,096
Profit before taxation
28,980
37,004
Tax on profit
(7,074)
(10,062)
Profit for the financial year
21,906
26,942

The profit and loss account has been prepared on the basis that all operations are continuing operations.

CALMONT KING & CO LIMITED
BALANCE SHEET
AS AT 30 NOVEMBER 2025
30 November 2025
- 3 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
5
36,900
38,565
Current assets
Debtors
6
16
38
Cash at bank and in hand
1,446,775
1,513,615
1,446,791
1,513,653
Creditors: amounts falling due within one year
7
(10,784)
(9,314)
Net current assets
1,436,007
1,504,339
Total assets less current liabilities
1,472,907
1,542,904
Provisions for liabilities
(6,214)
(6,807)
Net assets
1,466,693
1,536,097
Capital and reserves
Called up share capital
8
2,102
2,102
Other reserves
25,970
28,342
Profit and loss reserves
1,438,621
1,505,653
Total equity
1,466,693
1,536,097

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 6 April 2026 and are signed on its behalf by:
Mr A Walford
Director
Company registration number 00097616 (England and Wales)
CALMONT KING & CO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 4 -
1
Accounting policies
Company information

Calmont King & Co Limited is a private company limited by shares incorporated in England and Wales. The registered office is Blyth House, Rendham Road, Saxmundham, IP17 1WA.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business which is solely within the UK, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.2
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in profit or loss. Transaction costs are expensed to profit or loss as incurred.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

CALMONT KING & CO LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 5 -
Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax. The company is resident in the UK for tax purposes.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

CALMONT KING & CO LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 6 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
3
3
4
Gains/Losses on Investments
2025
2024
£
£
Fair value gains/(losses)
(Loss)/gain on financial assets held at fair value through profit or loss
(2,372)
11,096
5
Fixed asset investments
2025
2024
£
£
Other investments other than loans
36,900
38,565
Fixed asset investments revalued

The company holds investments in listed equity instruments for trading purposes. The fair value of these investments has been determined based on the quoted market price available in an active market. The quoted price used was the close price. The comparable historical cost of these investments is £10,933 (2024 : £10.225).

CALMONT KING & CO LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
5
Fixed asset investments
(Continued)
- 7 -
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 December 2024
38,565
Additions
708
Valuation changes
(2,373)
At 30 November 2025
36,900
Carrying amount
At 30 November 2025
36,900
At 30 November 2024
38,565
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
16
38
7
Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
7,667
6,321
Other taxation and social security
175
67
Other creditors
2,942
2,926
10,784
9,314

The company has £617,599 of capital losses to carry forward in respect of future years.

8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
2,102
2,102
2,102
2,102
9
Directors' transactions

Dividends totalling £91,311 (2024 - £6,075) were paid in the year in respect of shares held by the company's directors.

2025-11-30 2024-12-01 false false false CCH Software CCH Accounts Production 2026.100 Mr P C Walford Miss L M Walford Miss L M Walford Mr A Walford Not required NOt required 0001-02-02 00097616 2024-12-01 2025-11-30 00097616 bus:CompanySecretaryDirector1 2024-12-01 2025-11-30 00097616 bus:Director1 2024-12-01 2025-11-30 00097616 bus:Director2 2024-12-01 2025-11-30 00097616 bus:Director3 2024-12-01 2025-11-30 00097616 bus:CompanySecretary1 2024-12-01 2025-11-30 00097616 2025-11-30 00097616 2023-12-01 2024-11-30 00097616 2024-11-30 00097616 core:CurrentFinancialInstruments core:WithinOneYear 2025-11-30 00097616 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 00097616 core:CurrentFinancialInstruments 2025-11-30 00097616 core:CurrentFinancialInstruments 2024-11-30 00097616 core:ShareCapital 2025-11-30 00097616 core:ShareCapital 2024-11-30 00097616 core:OtherMiscellaneousReserve 2025-11-30 00097616 core:OtherMiscellaneousReserve 2024-11-30 00097616 core:RetainedEarningsAccumulatedLosses 2025-11-30 00097616 core:RetainedEarningsAccumulatedLosses 2024-11-30 00097616 core:ShareCapitalOrdinaryShareClass1 2025-11-30 00097616 core:ShareCapitalOrdinaryShareClass1 2024-11-30 00097616 bus:OrdinaryShareClass1 2024-12-01 2025-11-30 00097616 bus:OrdinaryShareClass1 2025-11-30 00097616 bus:OrdinaryShareClass1 2024-11-30 00097616 bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 00097616 bus:FRS102 2024-12-01 2025-11-30 00097616 bus:AuditExemptWithAccountantsReport 2024-12-01 2025-11-30 00097616 bus:FullAccounts 2024-12-01 2025-11-30 xbrli:pure xbrli:shares iso4217:GBP