Callon Holdings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05213468 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Callon Holdings Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K J Callon

L V E Callon

Mrs J D Callon

Mrs S H Callon-Gee

SECRETARY:

L V E Callon

REGISTERED OFFICE:

Clayton and Brewill

Cawley House

149-155 Canal Street

Nottingham

Nottinghamshire

NG1 7HR

REGISTERED NUMBER:

05213468 (England and Wales)

ACCOUNTANTS:

Clayton & Brewill

Chartered Accountants

Cawley House

149-155 Canal Street

Nottingham

Nottinghamshire

NG1 7HR

FIXED ASSETS

Tangible assets

4

1,777,547

427,448

Investments

5

3,445,350

3,652,044

5,222,897

4,079,492

CURRENT ASSETS

Debtors

151,799

172,815

Cash at bank

376,688

227,814

528,487

400,629

CREDITORS

Amounts falling due within one year

40,064

40,988

NET CURRENT ASSETS

488,423

359,641

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,711,320

4,439,133

PROVISIONS FOR LIABILITIES

175,655

-

NET ASSETS

5,535,665

4,439,133

CAPITAL AND RESERVES

Called up share capital

7

1,500

Revaluation reserve

8

4,655,095

3,650,544

Retained earnings

879,070

787,089

SHAREHOLDERS' FUNDS

5,535,665

4,439,133

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 November 2025 and were signed on its behalf by:

K J Callon - Director

1.	STATUTORY INFORMATION

Callon Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 historical cost convention as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Callon Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

Straight line over 25 years

Plant and machinery

-

15% on reducing balance

Investments in subsidiaries

Investment in subsidiary undertakings are recognised at fair value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax

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 have been enacted or substantively enacted by the year end 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 probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 April 2024

1,000,053

Revaluations

908,862

At 31 March 2025

1,908,915

DEPRECIATION

At 1 April 2024

572,605

Charge for year

36,800

Revaluation adjustments

(478,037

)

At 31 March 2025

131,368

NET BOOK VALUE

At 31 March 2025

1,777,547

At 31 March 2024

427,448

Cost or valuation at 31 March 2025 is represented by:

Totals

£

Valuation in 2025

908,862

Cost

1,000,053

1,908,915

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2025

2024

£

Cost

853,638

Aggregate depreciation

478,037

443,892

Freehold land and buildings were valued on an open market basis on 27 November 2024 by FHP Property Consultants .

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST OR VALUATION

At 1 April 2024

3,652,044

Revaluations

(206,694

)

At 31 March 2025

3,445,350

NET BOOK VALUE

At 31 March 2025

3,445,350

At 31 March 2024

3,652,044

Cost or valuation at 31 March 2025 is represented by:

Totals

£

Valuation in 2025

3,443,850

Cost

1,500

3,445,350

Fixed asset investments were valued on a fair value basis on 31 March 2025 by the directors.

6.	SECURED DEBTS

The company has a group set off arrangement held with the HSBC bank.

There is an unlimited multilateral guarantee given by the company Callon Holdings Limited and W.L.R Prototype Engineers Limited to the HSBC bank.

All monies due or to become due from Callon Holdings Limited to HSBC bank are secured by:

Mortgage dated 30 July 2010 over freehold property known as "Precision House", Wilford Industrial Estate, Ruddington, Nottingham.

Debenture dated 27 May 2010 over the undertaking and all property and assets present and future.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

375

Ordinary

£1

375

1,100

Ordinary A

£1

1,100

25

Ordinary B

£1

25

1,500

8.

RESERVES

Revaluation

reserve

£

At 1 April 2024

3,650,544

Revaluation

1,004,551

At 31 March 2025

4,655,095