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REGISTERED NUMBER: SC228419 (Scotland)















Financial Statements

for the Year Ended

31st March 2023

for

Calden Limited

Calden Limited (Registered number: SC228419)






Contents of the Financial Statements
for the Year Ended 31st March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

Calden Limited

Company Information
for the Year Ended 31st March 2023







DIRECTOR: C C Mcintosh





SECRETARIES: C C Mcintosh
Miss N Coull





REGISTERED OFFICE: 58 Long Lane
Broughty Ferry
Dundee
DD5 1HH





REGISTERED NUMBER: SC228419 (Scotland)





ACCOUNTANTS: AWH
Chartered Certified Accountants
Fort Street House
63 Fort Street
Broughty Ferry
Dundee
Angus
DD5 2AB

Calden Limited (Registered number: SC228419)

Balance Sheet
31st March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,452 14,210
Investments 5 985,992 1,073,868
Investment property 6 644,915 632,670
1,644,359 1,720,748

CURRENT ASSETS
Debtors 7 2,448 1,013
Cash at bank and in hand 98,738 157,061
101,186 158,074
CREDITORS
Amounts falling due within one year 8 112,133 110,990
NET CURRENT (LIABILITIES)/ASSETS (10,947 ) 47,084
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,633,412

1,767,832

PROVISIONS FOR LIABILITIES 4,341 17,113
NET ASSETS 1,629,071 1,750,719

CAPITAL AND RESERVES
Called up share capital 8 8
Non-distributable reserve 9 9,096 72,955
Retained earnings 1,619,967 1,677,756
SHAREHOLDERS' FUNDS 1,629,071 1,750,719

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Calden Limited (Registered number: SC228419)

Balance Sheet - continued
31st March 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18th September 2023 and were signed by:





C C Mcintosh - Director


Calden Limited (Registered number: SC228419)

Notes to the Financial Statements
for the Year Ended 31st March 2023

1. STATUTORY INFORMATION

Calden Limited is a private company, limited by shares , registered in Scotland. 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 as modified by the revaluation of certain assets.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

Calden Limited (Registered number: SC228419)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023

4. TANGIBLE FIXED ASSETS
Improvements
to Motor Computer
property vehicles equipment Totals
£    £    £    £   
COST
At 1st April 2022 4,516 35,755 1,484 41,755
Additions - 11,500 - 11,500
Disposals - (35,755 ) - (35,755 )
At 31st March 2023 4,516 11,500 1,484 17,500
DEPRECIATION
At 1st April 2022 858 25,722 965 27,545
Charge for year 366 1,688 171 2,225
Eliminated on disposal - (25,722 ) - (25,722 )
At 31st March 2023 1,224 1,688 1,136 4,048
NET BOOK VALUE
At 31st March 2023 3,292 9,812 348 13,452
At 31st March 2022 3,658 10,033 519 14,210

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1st April 2022 1,073,868
Additions 1,000
Revaluations (88,876 )
At 31st March 2023 985,992
NET BOOK VALUE
At 31st March 2023 985,992
At 31st March 2022 1,073,868

Cost or valuation at 31st March 2023 is represented by:

Other
investments
£   
Valuation in 2022 1,073,868
Valuation in 2023 (87,876 )
985,992

Calden Limited (Registered number: SC228419)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2022 632,670
Revaluations 12,245
At 31st March 2023 644,915
NET BOOK VALUE
At 31st March 2023 644,915
At 31st March 2022 632,670

Fair value at 31st March 2023 is represented by:
£   
Valuation in 2022 632,670
Valuation in 2023 12,245
644,915

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 2,448 1,013

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other creditors 112,133 110,990

9. RESERVES
Non-distributable
reserve
£   
At 1st April 2022 72,955
Current Year (63,859 )

At 31st March 2023 9,096

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Calden Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Calden Limited for the year ended 31st March 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Calden Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Calden Limited and state those matters that we have agreed to state to the director of Calden Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Calden Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Calden Limited. You consider that Calden Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Calden Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






AWH
Chartered Certified Accountants
Fort Street House
63 Fort Street
Broughty Ferry
Dundee
Angus
DD5 2AB


18th September 2023