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REGISTERED NUMBER: 02733363 (England and Wales)
















Unaudited Financial Statements for the Year Ended 30 September 2023

for

Caliq Software Limited

Caliq Software Limited (Registered number: 02733363)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


Caliq Software Limited (Registered number: 02733363)

Abridged Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 40,704 297,429
Investments 6 5,056 5,056
Investment property 7 809,280 700,000
855,040 1,002,485

CURRENT ASSETS
Debtors 437,329 370,398
Cash at bank 358,362 304,768
795,691 675,166
CREDITORS
Amounts falling due within one year 301,923 271,062
NET CURRENT ASSETS 493,768 404,104
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,348,808

1,406,589

CREDITORS
Amounts falling due after more than one
year

(26,241

)

(72,051

)

PROVISIONS FOR LIABILITIES (17,606 ) (89,860 )
NET ASSETS 1,304,961 1,244,678

CAPITAL AND RESERVES
Called up share capital 8 1,385 1,385
Share premium 4,956 4,956
Capital redemption reserve 882 882
Non-distributable reserves 189,479 314,000
Retained earnings 1,108,259 923,455
SHAREHOLDERS' FUNDS 1,304,961 1,244,678

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Caliq Software Limited (Registered number: 02733363)

Abridged Balance Sheet - continued
30 September 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 24 January 2024 and were signed on its behalf by:





A Reynolds - Director


Caliq Software Limited (Registered number: 02733363)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Caliq Software Limited 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: 02733363

Registered office: Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN

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.

Preparation of consolidated financial statements
The financial statements contain information about Caliq Software Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is stated net of VAT and trade discounts. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total contract value. Any payments received in advance of services provided are deferred and included in accruals as amounts due within one year.

Rental income is invoiced monthly with rents invoiced in advance being deferred and included in accruals as amounts due within one year. Similarly, rental income invoiced in arrears is shown as accrued income in prepayments.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - 2% on reducing balance
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% 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.

Caliq Software Limited (Registered number: 02733363)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

2. ACCOUNTING POLICIES - continued

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 statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets
Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors and loans that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Investments
Investments are held at cost less any permanent diminution in value.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 10 ) .

Caliq Software Limited (Registered number: 02733363)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2022
and 30 September 2023 79,470
AMORTISATION
At 1 October 2022
and 30 September 2023 79,470
NET BOOK VALUE

At 30 September 2023 -
At 30 September 2022 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST OR VALUATION
At 1 October 2022 479,171
Additions 667
Disposals (18,800 )
Transfer (306,054 )
At 30 September 2023 154,984
DEPRECIATION
At 1 October 2022 181,742
Charge for year 16,240
Eliminated on disposal (9,654 )
Transfer (74,048 )
At 30 September 2023 114,280
NET BOOK VALUE
At 30 September 2023 40,704
At 30 September 2022 297,429

Cost or valuation at 30 September 2023 is represented by:

Totals
£   
Cost 154,984

Caliq Software Limited (Registered number: 02733363)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 October 2022
and 30 September 2023 1,511
DEPRECIATION
At 1 October 2022 665
Charge for year 498
At 30 September 2023 1,163
NET BOOK VALUE
At 30 September 2023 348
At 30 September 2022 846

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 October 2022
and 30 September 2023 5,056
NET BOOK VALUE
At 30 September 2023 5,056
At 30 September 2022 5,056

7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2022 700,000
Revaluations (122,725 )
Reclassification/transfer 232,005
At 30 September 2023 809,280
NET BOOK VALUE
At 30 September 2023 809,280
At 30 September 2022 700,000

Caliq Software Limited (Registered number: 02733363)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

7. INVESTMENT PROPERTY - continued

Fair value at 30 September 2023 is represented by:
£   
Valuation in 2018 150,475
Valuation in 2019 150,000
Valuation in 2022 150,000
Valuation in 2023 (122,725 )
Cost 481,530
809,280

If investment property had not been revalued it would have been included at the following historical cost:

30.9.23 30.9.22
£    £   
Cost 602,194 296,140
Aggregate depreciation (120,663 ) (46,615 )

Investment property was valued on an open market basis on 30 September 2023 by the directors .

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.23 30.9.22
value: £    £   
1,385 Ordinary £1 1,385 1,385

9. RELATED PARTY DISCLOSURES

During the year the company recharged costs of £28,871 (2022: £33,294) to a company under common control. At the balance sheet date £169,567 (2022: £140,696) was due from this company and included in debtors due within 1 year.