Company registration number: 09587830
Annual report and unaudited financial statements
for the year ended 31 May 2025
for
Camfero Homes Ltd
Pages for filing with the Registrar
Company registration number: 09587830
Camfero Homes Ltd
Balance sheet
as at 31 May 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 120,362 24,375
120,362 24,375
Current assets
Debtors 1,028,641 599,254
Investments 200 -
Cash at bank and in hand 51,048 24,787
1,079,889 624,041
Creditors: amounts falling due within one
year 		(1,047,274) (556,383)
Net current assets 32,615 67,658
Total assets less current liabilities 152,977 92,033
Creditors: Amounts falling due after more
than one year 		(97,732) (33,807)
Provisions for liabilities (22,869) -
NET ASSETS 32,376 58,226
Capital and reserves
Called up share capital 200 200
Profit and loss account 32,176 58,026
TOTAL EQUITY 32,376 58,226
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 May 2025.
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 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: 09587830
Camfero Homes Ltd
Balance sheet - continued
as at 31 May 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.
These financial statements were approved by the Board of directors and authorised for issue on 29 May 2026 and signed on its behalf by:
Mr A Burnett, Director
29 May 2026
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Camfero Homes Ltd
Notes to the financial statements
for the year ended 31 May 2025
1 Company information
Camfero Homes Ltd is a private company registered in England and Wales. Its registered number is 09587830. The company is limited by shares. Its registered office is Unit 1 Kingsway House, Kingsway South, Gateshead, NE11 0HW.
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.
Going concern
In preparing these financial statements, the directors have 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 directors take 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 directors consider 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.
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 & machinery - 20% reducing balance
Motor Vehicles - 25% reducing balance
Computer Equipment - 33% straight line
Taxation
Taxation for the year comprises current and deferred 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 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.
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Camfero Homes Ltd
Notes to the financial statements - continued
for the year ended 31 May 2025
2 Accounting policies - continued
Deferred taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably 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 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 14 (2024 - 5).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 June 2024 33,175
Additions 111,426
At 31 May 2025 144,601
Depreciation
At 1 June 2024 8,800
Charge for year 15,439
At 31 May 2025 24,239
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Camfero Homes Ltd
Notes to the financial statements - continued
for the year ended 31 May 2025
4 Tangible fixed assets - continued
Net book value
At 31 May 2025 120,362
At 31 May 2024 24,375
5 Advances, credit and guarantees granted to directors
The following advances and credits to directors subsisted during the years ended 31 May 2025 and 31 May 2024.
2025 2024
£ £
Amounts advanced 146,487 -
Balance outstanding at end of year 146,487 -
2025 2024
£ £
Amounts advanced 144,934 -
Balance outstanding at end of year 144,934 -
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