| Claverdon Cartridges Limited |
| Registered number: |
03158114 |
| Balance Sheet |
| as at 28 February 2025 |
|
|
|
|
|
|
|
|
|
| Notes |
|
2025 |
|
2024 |
|
|
|
£ |
£ |
|
£ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
100,001 |
|
|
100,001 |
|
| Current assets |
| Stocks |
|
|
109,000 |
|
|
117,000 |
| Debtors |
4 |
|
12,074 |
|
|
32,123 |
| Cash at bank and in hand |
|
|
6,412 |
|
|
- |
|
|
|
127,486 |
|
|
149,123 |
|
|
|
|
|
|
|
| Creditors: amounts falling due within one year |
5 |
|
(271,666) |
|
|
(285,247) |
|
| Net current liabilities |
|
|
|
(144,180) |
|
|
(136,124) |
|
| Total assets less current liabilities |
|
|
|
(44,179) |
|
|
(36,123) |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(3,016) |
|
|
(13,046) |
|
|
| Net liabilities |
|
|
|
(47,195) |
|
|
(49,169) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Revaluation reserve |
7 |
|
|
48,250 |
|
|
48,250 |
| Profit and loss account |
|
|
|
(95,545) |
|
|
(97,519) |
|
| Shareholders' funds |
|
|
|
(47,195) |
|
|
(49,169) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
| D A Evans |
| Director |
| Approved by the board on 26 November 2025 |
|
| Claverdon Cartridges Limited |
| Notes to the Accounts |
| for the year ended 28 February 2025 |
|
|
|
|
|
|
|
|
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 (as applicable to small companies), The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover comprises revenue earned from the sale of goods and is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Land and Buildings |
Nil |
|
Plant and machinery |
25% of net book value |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
Land and buildings |
|
Plant and machinery etc |
|
Chicken Shed |
|
Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 March 2024 |
60,000 |
|
6,970 |
|
40,000 |
|
106,970 |
|
At 28 February 2025 |
60,000 |
|
6,970 |
|
40,000 |
|
106,970 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 March 2024 |
- |
|
6,969 |
|
- |
|
6,969 |
|
At 28 February 2025 |
- |
|
6,969 |
|
- |
|
6,969 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2025 |
60,000 |
|
1 |
|
40,000 |
|
100,001 |
|
At 29 February 2024 |
60,000 |
|
1 |
|
40,000 |
|
100,001 |
|
|
|
|
|
|
|
|
|
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
7,867 |
|
17,442 |
|
VAT receivable |
4,207 |
|
14,681 |
|
|
|
|
|
|
12,074 |
|
32,123 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
10,000 |
|
13,416 |
|
Trade creditors |
27,707 |
|
38,683 |
|
Corporation tax |
463 |
|
1,175 |
|
Directors loans |
231,376 |
|
229,063 |
|
Accruals and deferred income |
2,120 |
|
2,910 |
|
|
|
|
|
|
271,666 |
|
285,247 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
3,016 |
|
13,046 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Revaluation reserve |
2025 |
|
2024 |
| £ |
£ |
|
|
At 1 March 2024 |
48,250 |
|
48,250 |
|
|
At 28 February 2025 |
48,250 |
|
48,250 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Other information |
|
|
Claverdon Cartridges Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Claverdon Hall Farm |
|
Lye Green Road |
|
Claverdon |
|
Warwickshire |
|
CV35 8HJ |