Caseware UK (AP4) 2022.0.179 2022.0.179 2023-10-312023-10-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-11-01falseInvestment company44truetrue 13687484 2022-11-01 2023-10-31 13687484 2021-11-01 2022-10-31 13687484 2023-10-31 13687484 2022-10-31 13687484 c:Director3 2022-11-01 2023-10-31 13687484 d:CurrentFinancialInstruments 2023-10-31 13687484 d:CurrentFinancialInstruments 2022-10-31 13687484 d:Non-currentFinancialInstruments 1 2023-10-31 13687484 d:Non-currentFinancialInstruments 1 2022-10-31 13687484 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 13687484 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 13687484 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 13687484 d:Non-currentFinancialInstruments d:AfterOneYear 2022-10-31 13687484 d:ShareCapital 2023-10-31 13687484 d:ShareCapital 2021-11-01 2022-10-31 13687484 d:ShareCapital 2022-10-31 13687484 d:RetainedEarningsAccumulatedLosses 2022-11-01 2023-10-31 13687484 d:RetainedEarningsAccumulatedLosses 2023-10-31 13687484 d:RetainedEarningsAccumulatedLosses 2021-11-01 2022-10-31 13687484 d:RetainedEarningsAccumulatedLosses 2022-10-31 13687484 c:OrdinaryShareClass1 2022-11-01 2023-10-31 13687484 c:OrdinaryShareClass1 2023-10-31 13687484 c:OrdinaryShareClass1 2022-10-31 13687484 c:OrdinaryShareClass2 2022-11-01 2023-10-31 13687484 c:OrdinaryShareClass2 2023-10-31 13687484 c:OrdinaryShareClass2 2022-10-31 13687484 c:PreferenceShareClass1 2022-11-01 2023-10-31 13687484 c:PreferenceShareClass1 2023-10-31 13687484 c:PreferenceShareClass1 2022-10-31 13687484 c:FRS102 2022-11-01 2023-10-31 13687484 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 13687484 c:FullAccounts 2022-11-01 2023-10-31 13687484 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 13687484 2 2022-11-01 2023-10-31 13687484 6 2022-11-01 2023-10-31 13687484 f:PoundSterling 2022-11-01 2023-10-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 13687484










CALABRIA INVESTMENTS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2023

 
CALABRIA INVESTMENTS LIMITED
REGISTERED NUMBER: 13687484

BALANCE SHEET
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
337,126
150,711

  
337,126
150,711

Current assets
  

Cash at bank and in hand
  
474,608
664,059

  
474,608
664,059

Creditors: amounts falling due within one year
 5 
(61,158)
(45,403)

Net current assets
  
 
 
413,450
 
 
618,656

Total assets less current liabilities
  
750,576
769,367

Creditors: amounts falling due after more than one year
 6 
(800,000)
(800,000)

  

Net liabilities
  
(49,424)
(30,633)


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
(49,524)
(30,733)

  
(49,424)
(30,633)


Page 1

 
CALABRIA INVESTMENTS LIMITED
REGISTERED NUMBER: 13687484
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account or the directors' report in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




P B Jencks
Director

Date: 4 February 2024

The notes on pages 4 to 7 form part of these financial statements.

Page 2

 
CALABRIA INVESTMENTS LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 OCTOBER 2023


Called up share capital
Profit and loss account
Total equity

£
£
£



Loss for the year
-
(30,733)
(30,733)

Shares issued during the year
100
-
100



At 1 November 2022
100
(30,733)
(30,633)



Loss for the year
-
(18,791)
(18,791)


At 31 October 2023
100
(49,524)
(49,424)


The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
CALABRIA INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

Calabria Investments Limited is a private company limited by shares and incorporated in England and Wales. The registered office is 14th Floor, 33 Cavendish Square, London W1G 0PW. The company number is 13687484.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis based on the continued support of the company's creditors and financiers which, in the opinion of the directors, the company has for the foreseeable future.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Valuation of investments

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 3 months.

 
2.7

Creditors

Short-term creditors are measured at the transaction price.

 
2.8

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets
Page 4

 
CALABRIA INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)


2.8
Financial instruments (continued)


Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due within the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Page 5

 
CALABRIA INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.9

Dividends

Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2022 - 4).


4.


Fixed asset investments





Listed investments

£



Valuation


At 1 November 2022
150,711


Additions
335,101


Disposals
(142,551)


Revaluations
(6,135)



At 31 October 2023
337,126





5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
485

Other creditors
58,518
42,518

Accruals and deferred income
2,640
2,400

61,158
45,403



6.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Share capital treated as debt
800,000
800,000


Page 6

 
CALABRIA INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

7.


Share capital

2023
2022
£
£
Shares classified as equity

Allotted, called up and fully paid



100 (2022 - 100) Ordinary A shares of £0.01 each
1
1
9,900 (2022 - 9,900) Ordinary B shares of £0.01 each
99
99

100

100

2023
2022
£
£
Shares classified as debt

Allotted, called up and fully paid



800,000 (2022 - 800,000) Preference shares of £1.00 each
800,000
800,000


£16,000 of Preference dividends have been accrued for the year but not paid.


8.


Related party transactions

Included in other creditors is an interest free loan repayable on demand to the value of £26,518 (2022: £26,518) owed to the directors.

 
Page 7