Calder Carpets Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 01670859 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

FOR

CALDER CARPETS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Gregory Quinton Bedford

Derek John Bedford

Carol Lesley Brown

SECRETARY:

Carol Lesley Brown

REGISTERED OFFICE:

Anchor House

Dewsbury Mills

Thornhill Road

Dewsbury

West Yorkshire

WF12 9QE

REGISTERED NUMBER:

01670859 (England and Wales)

AUDITORS:

Walter Dawson & Son

Chartered Accountants

First Floor, Unit 12

Pennine Business Park

Longbow Close, Bradley

Huddersfield

West Yorkshire

HD2 1GQ

CURRENT ASSETS

Debtors

4

2,293

982

Cash at bank

2,634

740

4,927

1,722

CREDITORS

Amounts falling due within one year

5

15,852

14,787

NET CURRENT LIABILITIES

(10,925

)

(13,065

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(10,925

)

(13,065

)

CAPITAL AND RESERVES

Called up share capital

100

100

Profit and loss account

(11,025

)

(13,165

)

SHAREHOLDERS' FUNDS

(10,925

)

(13,065

)

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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 March 2023 and were signed on its behalf by:

Gregory Quinton Bedford - Director

Carol Lesley Brown - Director

1.	STATUTORY INFORMATION

Calder Carpets 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.

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.

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.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

INCOME RECOGNITION

Income is recognised when goods have been delivered to customers such that the risks and rewards of ownership have transferred to them.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 4 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Amounts owed by group undertakings

2,293

982

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade creditors

1,273

-

Amounts owed to group undertakings

14,579

14,579

Taxation and social security

-

208

15,852

14,787

6.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Graham D Atkinson FCA (Senior Statutory Auditor)

for and on behalf of Walter Dawson & Son

7.	CONTINGENT LIABILITIES

The company has guaranteed the bank borrowings of Calder Dyeing Limited, Anchor Carpets Limited, Calderdale Carpets Limited and Calder Textiles Limited, which are all group companies. The borrowings as at 30th June 2022 amounted to £Nil (2021 - £Nil).

8.	RELATED PARTY TRANSACTIONS

Throughout the year Mr Derek J Bedford and the executors of Mr Malcolm Rawson, through their ownership of the parent company, had control over a majority of shares in the company, and together with their involvement in its day-to-day management, were deemed to be the controlling parties for the purposes of Financial Reporting Standard No. 102.

Creditors as at 30th June 2022 falling due within one year includes the following amounts owed to group companies: Calderdale Carpets Limited £14,579 (2021: £14,579).

Debtors as at 30th June 2022 falling due within one year includes the following amounts owed from group companies Calder Textiles Limited £2,293 (2021: £982).

9.	THE PARENT COMPANY

The ultimate parent company is Calder Group (Dewsbury) Limited, a company registered in England.