IRIS Accounts Production v24.1.4.33 02577360 director 1.4.23 31.3.24 31.3.24 true false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh025773602023-03-31025773602024-03-31025773602023-04-012024-03-31025773602022-03-31025773602022-04-012023-03-31025773602023-03-3102577360ns15:EnglandWales2023-04-012024-03-3102577360ns14:PoundSterling2023-04-012024-03-3102577360ns10:Director12023-04-012024-03-3102577360ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3102577360ns10:SmallEntities2023-04-012024-03-3102577360ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3102577360ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3102577360ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3102577360ns10:FullAccounts2023-04-012024-03-3102577360ns10:CompanySecretary12023-04-012024-03-3102577360ns10:RegisteredOffice2023-04-012024-03-3102577360ns5:CurrentFinancialInstruments2024-03-3102577360ns5:CurrentFinancialInstruments2023-03-3102577360ns5:Non-currentFinancialInstruments2024-03-3102577360ns5:Non-currentFinancialInstruments2023-03-3102577360ns5:ShareCapital2024-03-3102577360ns5:ShareCapital2023-03-3102577360ns5:FurtherSpecificReserve3ComponentTotalEquity2024-03-3102577360ns5:FurtherSpecificReserve3ComponentTotalEquity2023-03-3102577360ns5:RetainedEarningsAccumulatedLosses2024-03-3102577360ns5:RetainedEarningsAccumulatedLosses2023-03-3102577360ns5:MotorVehicles2023-04-012024-03-3102577360ns5:ComputerEquipment2023-04-012024-03-3102577360ns5:MotorVehicles2023-03-3102577360ns5:ComputerEquipment2023-03-3102577360ns5:MotorVehicles2024-03-3102577360ns5:ComputerEquipment2024-03-3102577360ns5:MotorVehicles2023-03-3102577360ns5:ComputerEquipment2023-03-3102577360ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3102577360ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3102577360ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-03-3102577360ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-03-3102577360ns5:Secured2024-03-3102577360ns5:Secured2023-03-3102577360ns5:FurtherSpecificReserve3ComponentTotalEquity2023-03-31
REGISTERED NUMBER: 02577360 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 March 2024

for

CALICO DEVELOPMENTS LIMITED

CALICO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 02577360)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CALICO DEVELOPMENTS LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mrs D Pope





SECRETARY: D D Pope





REGISTERED OFFICE: 1 Brook Court
Blakeney Road
Beckenham
Kent
BR3 1HG





REGISTERED NUMBER: 02577360 (England and Wales)





ACCOUNTANTS: Maths Partnership
1 Brook Court
Blakeney Road
Beckenham
Kent
BR3 1HG

CALICO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 02577360)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,758 11,665
Investment property 5 1,721,332 1,900,622
1,730,090 1,912,287

CURRENT ASSETS
Debtors 6 7,814 6,326
Cash at bank 350,758 427,652
358,572 433,978
CREDITORS
Amounts falling due within one year 7 267,113 129,703
NET CURRENT ASSETS 91,459 304,275
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,821,549

2,216,562

CREDITORS
Amounts falling due after more than one
year

8

(305,165

)

(635,216

)

PROVISIONS FOR LIABILITIES (172,200 ) (197,592 )
NET ASSETS 1,344,184 1,383,754

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 10 994,849 1,106,206
Retained earnings 349,235 277,448
SHAREHOLDERS' FUNDS 1,344,184 1,383,754

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

CALICO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 02577360)

Balance Sheet - continued
31 March 2024


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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2024 and were signed by:





Mrs D Pope - Director


CALICO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 02577360)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Calico Developments 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 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.
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

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 Profit & Loss Account, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

CALICO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 02577360)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 29,000 3,087 32,087
DEPRECIATION
At 1 April 2023 17,526 2,896 20,422
Charge for year 2,869 38 2,907
At 31 March 2024 20,395 2,934 23,329
NET BOOK VALUE
At 31 March 2024 8,605 153 8,758
At 31 March 2023 11,474 191 11,665

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 1,900,622
Disposals (179,290 )
At 31 March 2024 1,721,332
NET BOOK VALUE
At 31 March 2024 1,721,332
At 31 March 2023 1,900,622

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2024 1,167,050
Cost 554,282
1,721,332

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

31.3.24 31.3.23
£    £   
Cost 554,282 599,072

Investment property was valued on an open market basis on 31 March 2024 by Mrs D Pope the director .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 7,814 6,326

CALICO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 02577360)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 167,704 70,697
Trade creditors 2,497 2,071
Taxation and social security 9,881 329
Other creditors 87,031 56,606
267,113 129,703

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 305,165 635,216

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 198,457 198,457

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Bank loans 472,869 705,913

10. RESERVES
Fair
value
reserve
£   
At 1 April 2023 1,106,206
Realised gain (134,499 )
Transfer to/(from) fair value reserve 23,142

At 31 March 2024 994,849