Caledonia Hosiery Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: SC644882

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		131,245		54,303

			131,245		54,303
CURRENT ASSETS
Stocks	5	37,420		28,670
Debtors	6	75,712		52,965
Cash at bank and in hand		24,700		3,422

		137,832		85,057
Creditors: Amounts Falling Due Within One Year	7	(128,387 )		(119,774 )

NET CURRENT ASSETS (LIABILITIES)			9,445		(34,717 )

TOTAL ASSETS LESS CURRENT LIABILITIES			140,690		19,586

Creditors: Amounts Falling Due After More Than One Year	8		(100,212 )		(14,377 )

NET ASSETS			40,478		5,209

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			40,378		5,109

SHAREHOLDERS' FUNDS			40,478		5,209

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Caledonia Hosiery Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Stephen Elton

Director

03/07/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Caledonia Hosiery Limited is a private company, limited by shares, incorporated in Scotland, registered number SC644882 . The registered office is 5 Greshop Road, Greshop Industrial Estate, Forres, IV36 2GU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	10%
Computer Equipment	25%

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2025: 4)

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Caledonia Hosiery Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2025	84,646	1,809	86,455
Additions	91,616	-	91,616

As at 31 March 2026	176,262	1,809	178,071

Depreciation
As at 1 April 2025	30,893	1,259	32,152
Provided during the period	14,537	137	14,674

As at 31 March 2026	45,430	1,396	46,826

Net Book Value
As at 31 March 2026	130,832	413	131,245

As at 1 April 2025	53,753	550	54,303

5. Stocks

	2026	2025
	£	£
Stock	37,420	28,670

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	61,916	52,965
Other debtors	13,796	-

	75,712	52,965

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	23,036	-
Bank loans and overdrafts	1,389	-
Other loans	12,729	-
Other creditors	90,801	109,366
Taxation and social security	432	10,408

	128,387	119,774

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Caledonia Hosiery Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	4,630	7,407
Other loans	65,155	-
Other creditors	30,427	6,970

	100,212	14,377

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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