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Registered number: 02963610
Calderbrook Woodworking Machinery Limited
Financial Statements
For The Year Ended 31 December 2025
PKW LLP Chartered Accountants
Cloth Hall
150 Drake Street
Rochdale
OL16 1PX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 02963610
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 392,316 320,637
392,316 320,637
CURRENT ASSETS
Stocks 290,727 183,462
Debtors 5 148,275 90,501
Cash at bank and in hand 613,522 606,466
1,052,524 880,429
Creditors: Amounts Falling Due Within One Year 6 (268,686 ) (178,093 )
NET CURRENT ASSETS (LIABILITIES) 783,838 702,336
TOTAL ASSETS LESS CURRENT LIABILITIES 1,176,154 1,022,973
Creditors: Amounts Falling Due After More Than One Year 7 (120,908 ) (78,946 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (32,766 ) (17,847 )
NET ASSETS 1,022,480 926,180
CAPITAL AND RESERVES
Called up share capital 11 4 4
Profit and Loss Account 1,022,476 926,176
SHAREHOLDERS' FUNDS 1,022,480 926,180
Page 1
Page 2
For the year ending 31 December 2025 the company was entitled to exemption from audit 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 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
Mrs S Hoyle
Director
31st July 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Calderbrook Woodworking Machinery Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02963610 . The registered office is Unit 7 The Sidings, New Line Industrial Estate, The Sidings, Bacup, Lancashire, OL13 9RW.
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.
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:
Freehold land and buildings 2% on cost
Integral features 10% on cost
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 25% on reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under 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 the 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.
2.5. 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.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 7)
6 7
4. Tangible Assets
Land & Property
Freehold land and buildings Integral features Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 January 2025 370,257 8,842 104,206 56,742
Additions - - 112,915 23,924
Disposals - - (78,699 ) -
As at 31 December 2025 370,257 8,842 138,422 80,666
Depreciation
As at 1 January 2025 101,600 6,018 64,784 48,878
Provided during the period 7,406 884 20,499 1,504
Disposals - - (44,127 ) -
As at 31 December 2025 109,006 6,902 41,156 50,382
Net Book Value
As at 31 December 2025 261,251 1,940 97,266 30,284
As at 1 January 2025 268,657 2,824 39,422 7,864
Computer Equipment Total
£ £
Cost
As at 1 January 2025 4,173 544,220
Additions 199 137,038
Disposals - (78,699 )
As at 31 December 2025 4,372 602,559
Depreciation
As at 1 January 2025 2,303 223,583
Provided during the period 494 30,787
Disposals - (44,127 )
As at 31 December 2025 2,797 210,243
Net Book Value
As at 31 December 2025 1,575 392,316
As at 1 January 2025 1,870 320,637
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Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2025 2024
£ £
Motor Vehicles 90,433 34,572
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 73,881 36,626
Prepayments and accrued income 8,433 2,901
Amounts paid in advance 65,961 50,629
VAT - 345
148,275 90,501
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 3,882 7,544
Trade creditors 103,440 22,824
Bank loans and overdrafts 15,160 20,165
Corporation tax 19,981 39,964
Other taxes and social security 8,296 7,886
VAT 18,806 -
Pension creditor 1,798 986
Accruals and deferred income 43,525 47,037
Directors' loan accounts 12,524 19,770
Payments on account 41,274 11,917
268,686 178,093
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 57,525 316
Bank loans 63,383 78,630
120,908 78,946
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2025 2024
£ £
Bank loans 11,582 26,284
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8. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 61,407 7,860
Bank loans and overdrafts 78,543 98,795
The hire purchase creditor is secured on the assets to which it relates.
The bank loan is secured by a fixed and floating charge on all the property of the company.
9. Loans
An analysis of the maturity of loans is given below:
2025 2024
£ £
Amounts falling due within one year or on demand:
Bank loans 15,160 20,165
2025 2024
£ £
Amounts falling due between one and five years:
Bank loans 51,801 52,346
2025 2024
£ £
Amounts falling due after more than five years:
Bank loans 11,582 26,284
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 3,882 7,544
Later than one year and not later than five years 57,525 316
61,407 7,860
61,407 7,860
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 4 4
12. Controlling Parties
The company's ultimate controlling parties are Mrs S Hoyle, Mr S Hoyle and Mr A Hoyle by virtue of their interest in the share capital of the company.
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