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REGISTERED NUMBER: SC485352 (Scotland)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

CALISTO V LIMITED

CALISTO V LIMITED (REGISTERED NUMBER: SC485352)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CALISTO V LIMITED

Company Information
for the Year Ended 31 August 2023







DIRECTOR: S Whiteford





REGISTERED OFFICE: 5 Carden Place
Aberdeen
AB10 1UT





REGISTERED NUMBER: SC485352 (Scotland)






CALISTO V LIMITED (REGISTERED NUMBER: SC485352)

Balance Sheet
31 August 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 79,903 83,489
Cash at bank 346 568
80,249 84,057
CREDITORS
Amounts falling due within one year 5 80,068 82,727
NET CURRENT ASSETS 181 1,330
TOTAL ASSETS LESS CURRENT
LIABILITIES

181

1,330

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 180 1,329
SHAREHOLDERS' FUNDS 181 1,330

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 director and authorised for issue on 22 January 2024 and were signed by:





S Whiteford - Director


CALISTO V LIMITED (REGISTERED NUMBER: SC485352)

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


1. STATUTORY INFORMATION

Calisto V Limited is a private company, limited by shares , registered in Scotland. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 1 (2022 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by participating interests 70,000 -
Other debtors 9,903 83,489
79,903 83,489

CALISTO V LIMITED (REGISTERED NUMBER: SC485352)

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


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 3,350
Amounts owed to participating interests 68,462 -
Taxation and social security 10,356 9,665
Other creditors 1,250 69,712
80,068 82,727

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2023 2022
£    £   
S Whiteford
Balance outstanding at start of year 13,489 3,499
Amounts advanced 26,239 39,432
Amounts repaid (32,324 ) (29,442 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,404 13,489

7. ULTIMATE CONTROLLING PARTY

The controlling party is S Whiteford.