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REGISTERED NUMBER: 08593131 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 July 2023

for

CALVIN STREET PROPERTIES LIMITED

CALVIN STREET PROPERTIES LIMITED (REGISTERED NUMBER: 08593131)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 JULY 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


CALVIN STREET PROPERTIES LIMITED

Company Information
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: K T Pindoria
A N S Pindoria





REGISTERED OFFICE: 5 Theobald Court
Theobald Street
Elstree
Hertfordshire
WD6 4RN





REGISTERED NUMBER: 08593131 (England and Wales)





ACCOUNTANTS: Sterling Associates
Chartered Certified Accountants
5 Theobald Court
Theobald Street
Elstree
Hertfordshire
WD6 4RN

CALVIN STREET PROPERTIES LIMITED (REGISTERED NUMBER: 08593131)

Statement of Financial Position
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 70,000 70,000

CURRENT ASSETS
Debtors 5 130,820 158,484
Cash at bank 21,391 334,015
152,211 492,499
CREDITORS
Amounts falling due within one year 6 29,225 374,093
NET CURRENT ASSETS 122,986 118,406
TOTAL ASSETS LESS CURRENT
LIABILITIES

192,986

188,406

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 192,886 188,306
SHAREHOLDERS' FUNDS 192,986 188,406

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 August 2024 and were signed on its behalf by:





A N S Pindoria - Director


CALVIN STREET PROPERTIES LIMITED (REGISTERED NUMBER: 08593131)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JULY 2023


1. STATUTORY INFORMATION

Calvin Street Properties 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

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

CALVIN STREET PROPERTIES LIMITED (REGISTERED NUMBER: 08593131)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 2023


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022
and 31 July 2023 70,000
NET BOOK VALUE
At 31 July 2023 70,000
At 31 July 2022 70,000

Fair value at 31 July 2023 is represented by:
£   
Valuation in 2017 694,528
Valuation in 2022 (694,528 )
Valuation in 2023 70,000
70,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 10,707 7,200
Other debtors 120,113 151,284
130,820 158,484

Within other debtors is included an amount of £100,000 receivable from Pluto Two Limited and £20,000 from Six Vale Avenue Limited, companies the directors have beneficial interest in.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 15,089
Trade creditors - 63
Taxation and social security 1,074 208,582
Other creditors 28,151 150,359
29,225 374,093

7. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans - 15,089

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

CALVIN STREET PROPERTIES LIMITED (REGISTERED NUMBER: 08593131)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 2023


9. RESERVES
Retained
earnings
£   

At 1 August 2022 188,306
Profit for the year 4,580
At 31 July 2023 192,886

10. ULTIMATE CONTROLLING PARTY

The directors are the ultimate controlling party by virtue of their majority share holding in the company.