Registered number
13167802
CALMTECH LIMITED
Cessation
Filleted Accounts
29 January 2024
CALMTECH LIMITED
Company Information
Director
S Kentish
Accountants
The Accountancy Partnership
Twelve Quays House
Egerton Wharf
Wirral
CH41 1LD
Registered office
10 Glebe Road
London
England
SW13 0EA
Registered number
13167802
CALMTECH LIMITED
Accountants' Report
Accountants' report to the director of
CALMTECH LIMITED
You consider that the company is exempt from an audit for the period ended 29 January 2024. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial period and of its profit or loss for the financial period.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
The Accountancy Partnership
Accountants
Twelve Quays House
Egerton Wharf
Wirral
CH41 1LD
13 March 2024
CALMTECH LIMITED
Registered number: 13167802
Balance Sheet
as at 29 January 2024
Notes 2024 2022
£ £
Fixed assets
Tangible assets 3 - 3,931
Current assets
Debtors 4 - 425
Cash at bank and in hand 15,134 36,678
15,134 37,103
Creditors: amounts falling due within one year 5 (998) (2,561)
Net current assets 14,136 34,542
Net assets 14,136 38,473
Capital and reserves
Called up share capital 1,000 1,000
Share premium 149,000 149,000
Profit and loss account (135,864) (111,527)
Shareholders' funds 14,136 38,473
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S Kentish
Director
Approved by the board on 13 March 2024
CALMTECH LIMITED
Notes to the Accounts
for the period from 30 July 2022 to 29 January 2024
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 20% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 30 July 2022 4,914
Disposals (4,914)
At 29 January 2024 -
Depreciation
At 30 July 2022 983
On disposals (983)
At 29 January 2024 -
Net book value
At 29 January 2024 -
At 29 July 2022 3,931
4 Debtors 2024 2022
£ £
Other debtors - 425
5 Creditors: amounts falling due within one year 2024 2022
£ £
Other creditors 998 2,561
6 Other information
CALMTECH LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
10 Glebe Road
London
England
SW13 0EA
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