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REGISTERED NUMBER: 10670409 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023

FOR

MONT CALM ASSET MANAGEMENT LIMITED

MONT CALM ASSET MANAGEMENT LIMITED (REGISTERED NUMBER: 10670409)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


MONT CALM ASSET MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023







DIRECTORS: Mr M D Baker
Mr A Dakin
Mr N D Morgan Jones
Mr C J W Stace





REGISTERED OFFICE: 9 Orchard Drive
Littlestone
New Romney
Kent
TN28 8SE





REGISTERED NUMBER: 10670409 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

MONT CALM ASSET MANAGEMENT LIMITED (REGISTERED NUMBER: 10670409)

STATEMENT OF FINANCIAL POSITION
30 MARCH 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 591,472 991,472
Debtors 4 85,343 12,916
Cash at bank 41,621 79,944
718,436 1,084,332
CREDITORS
Amounts falling due within one year 5 682,496 1,043,803
NET CURRENT ASSETS 35,940 40,529
TOTAL ASSETS LESS CURRENT
LIABILITIES

35,940

40,529

CREDITORS
Amounts falling due after more than one
year

6

39,156

40,000
NET (LIABILITIES)/ASSETS (3,216 ) 529

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Retained earnings (4,216 ) (471 )
SHAREHOLDERS' FUNDS (3,216 ) 529

MONT CALM ASSET MANAGEMENT LIMITED (REGISTERED NUMBER: 10670409)

STATEMENT OF FINANCIAL POSITION - continued
30 MARCH 2023


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

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

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2024 and were signed on its behalf by:





Mr C J W Stace - Director


MONT CALM ASSET MANAGEMENT LIMITED (REGISTERED NUMBER: 10670409)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023


1. STATUTORY INFORMATION

Mont Calm Asset Management 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.

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

STOCKS
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

TAXATION
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

GOING CONCERN
The company meets its day-to-day working capital requirements through the support of the director and other related parties. The director believes it is appropriate to prepare the financial statements on a going concern basis which assumes that the company will continue in operational existence with the support of the director and other related parties.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2022 - 4 ).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 85,343 12,916

MONT CALM ASSET MANAGEMENT LIMITED (REGISTERED NUMBER: 10670409)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Other creditors 672,496 1,033,803
682,496 1,043,803

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 39,156 40,000

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,000 Ordinary £1 1,000 1,000