IRIS Accounts Production v23.2.0.158 02787072 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh027870722022-03-31027870722023-03-31027870722022-04-012023-03-31027870722021-03-31027870722021-04-012022-03-31027870722022-03-3102787072ns10:Originalns15:EnglandWales2022-04-012023-03-3102787072ns14:PoundSterlingns10:Original2022-04-012023-03-3102787072ns10:Originalns10:Director12022-04-012023-03-3102787072ns10:Original2022-04-012023-03-3102787072ns10:Original2023-03-3102787072ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3102787072ns10:Originalns10:SmallEntities2022-04-012023-03-3102787072ns10:Originalns10:AuditExemptWithAccountantsReport2022-04-012023-03-3102787072ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3102787072ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3102787072ns10:Originalns10:FullAccounts2022-04-012023-03-3102787072ns10:Originalns10:Director22022-04-012023-03-3102787072ns10:CompanySecretary1ns10:Original2022-04-012023-03-3102787072ns10:Originalns10:RegisteredOffice2022-04-012023-03-3102787072ns10:Original2022-03-3102787072ns10:Originalns5:CurrentFinancialInstruments2023-03-3102787072ns10:Originalns5:CurrentFinancialInstruments2022-03-3102787072ns5:ShareCapitalns10:Original2023-03-3102787072ns5:ShareCapitalns10:Original2022-03-3102787072ns10:Originalns5:FurtherSpecificReserve3ComponentTotalEquity2023-03-3102787072ns10:Originalns5:FurtherSpecificReserve3ComponentTotalEquity2022-03-3102787072ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3102787072ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3102787072ns10:Originalns5:FurnitureFittings2022-04-012023-03-3102787072ns10:Originalns5:MotorVehicles2022-04-012023-03-3102787072ns10:Original2021-04-012022-03-3102787072ns10:Originalns5:FurnitureFittings2022-03-3102787072ns10:Originalns5:MotorVehicles2022-03-3102787072ns10:Original2022-03-3102787072ns10:Originalns5:FurnitureFittings2023-03-3102787072ns10:Originalns5:MotorVehicles2023-03-3102787072ns10:Originalns5:FurnitureFittings2022-03-3102787072ns10:Originalns5:MotorVehicles2022-03-3102787072ns10:Originalns5:ListedExchangeTradedns5:CostValuation2022-03-3102787072ns10:Originalns5:UnlistedNon-exchangeTradedns5:CostValuation2022-03-3102787072ns10:Originalns5:ListedExchangeTradedns5:AdditionsToInvestments2023-03-3102787072ns10:Originalns5:UnlistedNon-exchangeTradedns5:AdditionsToInvestments2023-03-3102787072ns10:Originalns5:DisposalsRepaymentsInvestmentsns5:ListedExchangeTraded2023-03-3102787072ns10:Originalns5:DisposalsRepaymentsInvestmentsns5:UnlistedNon-exchangeTraded2023-03-3102787072ns10:Originalns5:ListedExchangeTradedns5:RevaluationsIncreaseDecreaseInInvestments2023-03-3102787072ns10:Originalns5:UnlistedNon-exchangeTradedns5:RevaluationsIncreaseDecreaseInInvestments2023-03-3102787072ns10:Originalns5:ListedExchangeTradedns5:CostValuation2023-03-3102787072ns10:Originalns5:UnlistedNon-exchangeTradedns5:CostValuation2023-03-3102787072ns10:Originalns5:ListedExchangeTraded2023-03-3102787072ns10:Originalns5:UnlistedNon-exchangeTraded2023-03-3102787072ns10:Originalns5:ListedExchangeTraded2022-03-3102787072ns10:Originalns5:UnlistedNon-exchangeTraded2022-03-3102787072ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3102787072ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3102787072ns10:Originalns5:FurtherSpecificReserve3ComponentTotalEquity2022-03-3102787072ns10:Originalns10:Director222022-03-3102787072ns10:Originalns10:Director222021-03-3102787072ns10:Originalns10:Director222022-04-012023-03-3102787072ns10:Originalns10:Director222021-04-012022-03-3102787072ns10:Originalns10:Director222023-03-3102787072ns10:Originalns10:Director222022-03-31
REGISTERED NUMBER: 02787072 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

CALLISTO LIMITED

CALLISTO LIMITED (REGISTERED NUMBER: 02787072)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 7


CALLISTO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: S A Rawson
B M Rawson





SECRETARY: B M Rawson





REGISTERED OFFICE: 3 Bath Mews
Bath Parade
Cheltenham
Gloucestershire
GL53 7HL





REGISTERED NUMBER: 02787072 (England and Wales)





ACCOUNTANTS: Smith Heath Limited
Brent House
382 Gloucester Road
Cheltenham
Gloucestershire
GL51 7AY

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CALLISTO LIMITED


The following reproduces the text of the report prepared for the directors 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 Directors 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 Callisto Limited for the year ended 31 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 Board of Directors of Callisto Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Callisto Limited and state those matters that we have agreed to state to the Board of Directors of Callisto Limited, as a body, 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 Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Callisto 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 profit of Callisto Limited. You consider that Callisto 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 Callisto 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.






Smith Heath Limited
Brent House
382 Gloucester Road
Cheltenham
Gloucestershire
GL51 7AY


26 October 2023

CALLISTO LIMITED (REGISTERED NUMBER: 02787072)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,633 20,846
Investments 5 299,580 290,323
315,213 311,169

CURRENT ASSETS
Debtors 6 63,194 66,857
Cash at bank 187,689 446,996
250,883 513,853
CREDITORS
Amounts falling due within one year 7 3,930 2,362
NET CURRENT ASSETS 246,953 511,491
TOTAL ASSETS LESS CURRENT
LIABILITIES

562,166

822,660

PROVISIONS FOR LIABILITIES 14,311 14,830
NET ASSETS 547,855 807,830

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Fair value reserve 8 57,879 56,488
Retained earnings 487,976 749,342
547,855 807,830

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

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

CALLISTO LIMITED (REGISTERED NUMBER: 02787072)

BALANCE SHEET - continued
31 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 Board of Directors and authorised for issue on 26 October 2023 and were signed on its behalf by:





S A Rawson - Director


CALLISTO LIMITED (REGISTERED NUMBER: 02787072)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Callisto 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 as modified by the revaluation of certain assets.

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

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.

Fixed asset investments
Fixed asset investments are stated at fair value. Any aggregate surplus or deficit arising from changes in fair value are recognised in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

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

CALLISTO LIMITED (REGISTERED NUMBER: 02787072)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
and Motor
equipment vehicles Totals
£    £    £   
COST
At 1 April 2022 24,923 28,237 53,160
Disposals (19,871 ) - (19,871 )
At 31 March 2023 5,052 28,237 33,289
DEPRECIATION
At 1 April 2022 21,284 11,030 32,314
Charge for year 910 4,302 5,212
Eliminated on disposal (19,870 ) - (19,870 )
At 31 March 2023 2,324 15,332 17,656
NET BOOK VALUE
At 31 March 2023 2,728 12,905 15,633
At 31 March 2022 3,639 17,207 20,846

5. FIXED ASSET INVESTMENTS
Listed Unlisted
investments investments Totals
£    £    £   
COST OR VALUATION
At 1 April 2022 236,495 53,828 290,323
Additions 22,982 8,710 31,692
Disposals (24,155 ) - (24,155 )
Revaluations (846 ) 2,566 1,720
At 31 March 2023 234,476 65,104 299,580
NET BOOK VALUE
At 31 March 2023 234,476 65,104 299,580
At 31 March 2022 236,495 53,828 290,323

Cost or valuation at 31 March 2023 is represented by:

Listed Unlisted
investments investments Totals
£    £    £   
Valuation in 2020 (1,785 ) 42,853 41,068
Valuation in 2021 36,112 (1,640 ) 34,472
Valuation in 2022 (5,094 ) (508 ) (5,602 )
Valuation in 2023 (846 ) 2,566 1,720
Cost 206,089 21,833 227,922
234,476 65,104 299,580

CALLISTO LIMITED (REGISTERED NUMBER: 02787072)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 63,194 66,857

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 31 13
Taxation and social security 975 -
Other creditors 2,924 2,349
3,930 2,362

8. RESERVES
Fair
value
reserve
£   
At 1 April 2022 56,488
Revaluation in the year 1,720
Deferred tax on revaluation (329 )

At 31 March 2023 57,879

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
B M Rawson
Balance outstanding at start of year 20,067 -
Amounts advanced 71 20,067
Amounts repaid (5,747 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 14,391 20,067