REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 January 2021 to 31 January 2022 |
for |
Calwrex Ltd |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 January 2021 to 31 January 2022 |
for |
Calwrex Ltd |
Calwrex Ltd (Registered number: 12358687) |
Contents of the Financial Statements |
for the Period 1 January 2021 to 31 January 2022 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Calwrex Ltd |
Company Information |
for the Period 1 January 2021 to 31 January 2022 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Gowran House |
56 Broad Street |
Chipping Sodbury |
Bristol |
BS37 6AG |
Calwrex Ltd (Registered number: 12358687) |
Balance Sheet |
31 January 2022 |
31.1.22 | 31.12.20 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
SHAREHOLDERS' FUNDS |
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. |
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 |
Calwrex Ltd (Registered number: 12358687) |
Notes to the Financial Statements |
for the Period 1 January 2021 to 31 January 2022 |
1. | STATUTORY INFORMATION |
Calwrex Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Facility and participation fees are included on an accruals basis, unless specifically provided for. |
Taxation |
Taxation for the period 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | FIXED ASSET INVESTMENTS |
Other |
loans |
£ |
At 1 January 2021 |
Repayment in year | ( |
) |
At 31 January 2022 |
A loan facility of up to £515,570 on 24 January 2020, secured by a first legal charge over the property known as The Oak Tree Inn, Wrexham and a personal guarantee which was repaid on 21 January 2022. The facility fees were charged at a rate of 19.8% per annum. |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.1.22 | 31.12.20 |
£ | £ |
Facility fees receivable |
Unpaid share capital |
Calwrex Ltd (Registered number: 12358687) |
Notes to the Financial Statements - continued |
for the Period 1 January 2021 to 31 January 2022 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.1.22 | 31.12.20 |
£ | £ |
Participation fees payable |
Management fees payable |
Loans payable |
Other creditors |
The loans were repaid on 21 January 2022. Fees were charged at a rate of 8% per annum of the loan capital balance. |