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REGISTERED NUMBER: 10554404 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 January 2023

for

Calvert 7 Ltd

Calvert 7 Ltd (Registered number: 10554404)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


Calvert 7 Ltd (Registered number: 10554404)

Balance Sheet
31 January 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 34,234 -
Investment property 5 82,588 120,626
116,822 120,626

CURRENT ASSETS
Cash at bank 1,329 2,079

CREDITORS
Amounts falling due within one year 6 115,037 116,003
NET CURRENT LIABILITIES (113,708 ) (113,924 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,114 6,702

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3,014 6,602
SHAREHOLDERS' FUNDS 3,114 6,702

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

Calvert 7 Ltd (Registered number: 10554404)

Balance Sheet - continued
31 January 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 October 2023 and were signed on its behalf by:




Mr K G Palmer - Director



Mrs M A Palmer - Director


Calvert 7 Ltd (Registered number: 10554404)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Calvert 7 Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10554404

Registered office: Manifold Works Leek Road
Waterhouses
Stoke On Trent
Staffs
ST10 3HN

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.

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

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Calvert 7 Ltd (Registered number: 10554404)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
Additions 38,038
At 31 January 2023 38,038
DEPRECIATION
Charge for year 3,804
At 31 January 2023 3,804
NET BOOK VALUE
At 31 January 2023 34,234

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2022 120,626
Reclassification/transfer (38,038 )
At 31 January 2023 82,588
NET BOOK VALUE
At 31 January 2023 82,588
At 31 January 2022 120,626

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 2,754 2,794
Other creditors 112,283 113,209
115,037 116,003