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REGISTERED NUMBER: 12480798 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Calcova Investments Limited

Calcova Investments Limited (Registered number: 12480798)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Calcova Investments Limited

Company Information
for the Year Ended 31 July 2023







DIRECTORS: P Beaumont
Mrs MR Ramirez Vargas





REGISTERED OFFICE: 26 Bell Street
Sawbridgeworth
Hertfordshire
CM21 9AN





REGISTERED NUMBER: 12480798 (England and Wales)





ACCOUNTANTS: Lawrence & Company
Chartered Certified Accountants
26 Bell Street
Sawbridgeworth
Hertfordshire
CM21 9AN

Calcova Investments Limited (Registered number: 12480798)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 131 175
Investment property 5 1,202,500 907,250
1,202,631 907,425

CURRENT ASSETS
Debtors 6 - 580
Cash at bank 7,530 19,583
7,530 20,163
CREDITORS
Amounts falling due within one year 7 675,030 679,145
NET CURRENT LIABILITIES (667,500 ) (658,982 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

535,131

248,443

CREDITORS
Amounts falling due after more than one
year

8

(474,863

)

(177,470

)

PROVISIONS FOR LIABILITIES 10 (31,250 ) (17,980 )
NET ASSETS 29,018 52,993

CAPITAL AND RESERVES
Called up share capital 11 2 2
Fair value reserve 12 93,653 76,509
Retained earnings 12 (64,637 ) (23,518 )
SHAREHOLDERS' FUNDS 29,018 52,993

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

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

Calcova Investments Limited (Registered number: 12480798)

Balance Sheet - continued
31 July 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 25 September 2023 and were signed on its behalf by:





Mrs MR Ramirez Vargas - Director


Calcova Investments Limited (Registered number: 12480798)

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

1. STATUTORY INFORMATION

Calcova Investments 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.

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.
Computer equipment - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

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

Calcova Investments Limited (Registered number: 12480798)

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 August 2022
and 31 July 2023 260
DEPRECIATION
At 1 August 2022 85
Charge for year 44
At 31 July 2023 129
NET BOOK VALUE
At 31 July 2023 131
At 31 July 2022 175

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022 907,250
Additions 264,834
Revaluations 30,416
At 31 July 2023 1,202,500
NET BOOK VALUE
At 31 July 2023 1,202,500
At 31 July 2022 907,250

Fair value at 31 July 2023 is represented by:
£   
Valuation in 2020 804,547
Valuation in 2021 78,203
Valuation in 2022 24,500
Valuation in 2023 295,250
1,202,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Other debtors - 580

Calcova Investments Limited (Registered number: 12480798)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts (see note 9) 18,450 6,200
Other loans (see note 9) 142,000 142,000
Tax 1 1
Other creditors 1,066 -
Directors' current accounts 511,773 529,120
Accrued expenses 1,740 1,824
675,030 679,145

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.23 31.7.22
£    £   
Bank loans (see note 9) 474,863 177,470

9. LOANS

An analysis of the maturity of loans is given below:

31.7.23 31.7.22
£    £   
Amounts falling due within one year or on demand:
Bank loans 18,450 6,200
Other loans 142,000 142,000
160,450 148,200

Amounts falling due between one and two years:
Bank loans - 1-2 years 474,863 177,470

10. PROVISIONS FOR LIABILITIES
31.7.23 31.7.22
£    £   
Deferred tax 31,250 17,980

Deferred
tax
£   
Balance at 1 August 2022 17,980
Provided during year 13,270
Balance at 31 July 2023 31,250

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
2 Ordinary £1 2 2

Calcova Investments Limited (Registered number: 12480798)

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

12. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 August 2022 (23,518 ) 76,509 52,991
Deficit for the year (10,701 ) (10,701 )
Additions (30,418 ) 17,144 (13,274 )
At 31 July 2023 (64,637 ) 93,653 29,016

13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2023 and 31 July 2022:

31.7.23 31.7.22
£    £   
P Beaumont
Balance outstanding at start of year (192,082 ) (189,438 )
Amounts advanced (12,326 ) (2,644 )
Amounts repaid 21,000 -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (183,408 ) (192,082 )

Mrs MR Ramirez Vargas
Balance outstanding at start of year (337,038 ) (334,395 )
Amounts advanced (12,327 ) (2,643 )
Amounts repaid 21,000 -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (328,365 ) (337,038 )