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Cameron Irrigation Systems Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08332935
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 33,000 33,000
Tangible Assets 5 207,782 169,263
240,782 202,263
CURRENT ASSETS
Stocks 6 25,000 25,000
Debtors 7 242,705 280,497
Cash at bank and in hand 443,782 387,339
711,487 692,836
Creditors: Amounts Falling Due Within One Year 8 (113,745 ) (119,810 )
NET CURRENT ASSETS (LIABILITIES) 597,742 573,026
TOTAL ASSETS LESS CURRENT LIABILITIES 838,524 775,289
Creditors: Amounts Falling Due After More Than One Year 9 (51,042 ) -
NET ASSETS 787,482 775,289
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 787,382 775,189
SHAREHOLDERS' FUNDS 787,482 775,289
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 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 K Parsons
Director
1st 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
Cameron Irrigation Systems Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08332935 . The registered office is 76 Aldwick Road, Bognor Regis, West Sussex, PO21 2PE.
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 represents net amounts receivable for goods and services provided excluding value added tax
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less accumulated amortisation and any accumulated impairment losses over the period of ten years.
2.4. 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 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 33% straight line
2.5. 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.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. 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 items. 
2.7. 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.
...CONTINUED
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Page 4
2.7. Taxation - continued
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.
2.8. Pensions
Cameron Irrigation Systems Limited 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: 15 (2024: 15)
15 15
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2025 33,500
As at 31 December 2025 33,500
Amortisation
As at 1 January 2025 500
As at 31 December 2025 500
Net Book Value
As at 31 December 2025 33,000
As at 1 January 2025 33,000
5. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 January 2025 332,132
Additions 129,366
Disposals (52,985 )
As at 31 December 2025 408,513
Depreciation
As at 1 January 2025 162,869
Provided during the period 57,388
Disposals (19,526 )
As at 31 December 2025 200,731
...CONTINUED
Page 4
Page 5
Net Book Value
As at 31 December 2025 207,782
As at 1 January 2025 169,263
6. Stocks
2025 2024
£ £
Stock 25,000 25,000
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 197,695 206,455
Other debtors 45,010 74,042
242,705 280,497
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 17,500 -
Trade creditors 31,472 42,657
Other creditors 26,292 20,241
Taxation and social security 38,481 56,912
113,745 119,810
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 51,042 -
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 17,500 -
Later than one year and not later than five years 51,042 -
68,542 -
68,542 -
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5
Page 6
12. Directors Advances, Credits and Guarantees
As at 1 January 2025 Amounts advanced Amounts repaid Amounts written off As at 31 December 2025
£ £ £ £ £
Mr Krys Parsons 24,056 4,921 24,056 - 4,921
The above loan is unsecured, interest free and repayable on demand.
Page 6