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REGISTERED NUMBER: 02733363 (England and Wales)
















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Caliq Software Limited

Caliq Software Limited (Registered number: 02733363)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Caliq Software Limited (Registered number: 02733363)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 811,587 40,704
Investments 6 5,056 5,056
Investment property 7 - 809,280
816,643 855,040

CURRENT ASSETS
Debtors 8 411,731 437,329
Cash at bank 473,561 358,362
885,292 795,691
CREDITORS
Amounts falling due within one year 9 343,350 301,923
NET CURRENT ASSETS 541,942 493,768
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,358,585

1,348,808

CREDITORS
Amounts falling due after more than one
year

10

(8,334

)

(26,241

)

PROVISIONS FOR LIABILITIES - (17,606 )
NET ASSETS 1,350,251 1,304,961

CAPITAL AND RESERVES
Called up share capital 11 1,385 1,385
Share premium 4,956 4,956
Capital redemption reserve 882 882
Non-distributable reserves - 189,479
Retained earnings 1,343,028 1,108,259
SHAREHOLDERS' FUNDS 1,350,251 1,304,961

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

Caliq Software Limited (Registered number: 02733363)

Balance Sheet - continued
30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 December 2024 and were signed on its behalf by:





Mr A Reynolds - Director


Caliq Software Limited (Registered number: 02733363)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Caliq Software Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 02733363

Registered office: Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN

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.

Preparation of consolidated financial statements
The financial statements contain information about Caliq Software Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is stated net of VAT and trade discounts. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total contract value. Any payments received in advance of services provided are deferred and included in accruals as amounts due within one year.

Rental income is invoiced monthly with rents invoiced in advance being deferred and included in accruals as amounts due within one year. Similarly, rental income invoiced in arrears is shown as accrued income in prepayments.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

Freehold Property - revalution model used so not depreciated

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.

Caliq Software Limited (Registered number: 02733363)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets
Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors and loans that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Investments
Investments are held at cost less any permanent diminution in value.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 9 ) .

Caliq Software Limited (Registered number: 02733363)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 79,470
AMORTISATION
At 1 October 2023
and 30 September 2024 79,470
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 October 2023 - 22,036 29,935
Additions 779,837 - -
At 30 September 2024 779,837 22,036 29,935
DEPRECIATION
At 1 October 2023 - 8,891 25,150
Charge for year - 2,629 955
At 30 September 2024 - 11,520 26,105
NET BOOK VALUE
At 30 September 2024 779,837 10,516 3,830
At 30 September 2023 - 13,145 4,785

Caliq Software Limited (Registered number: 02733363)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2023 38,332 64,681 154,984
Additions - 687 780,524
At 30 September 2024 38,332 65,368 935,508
DEPRECIATION
At 1 October 2023 17,835 62,404 114,280
Charge for year 4,099 1,958 9,641
At 30 September 2024 21,934 64,362 123,921
NET BOOK VALUE
At 30 September 2024 16,398 1,006 811,587
At 30 September 2023 20,497 2,277 40,704

The freehold property was initially purchased on 15th December 2023 for £779,837. The directors have concluded that as the property was acquired within the year the market value of the property is the original cost of £779,837.

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Computer
equipment
£   
COST
At 1 October 2023 1,511
Transfer to ownership (1,511 )
At 30 September 2024 -
DEPRECIATION
At 1 October 2023 1,163
Charge for year 348
Transfer to ownership (1,511 )
At 30 September 2024 -
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 348

Caliq Software Limited (Registered number: 02733363)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2023
and 30 September 2024 5,056
NET BOOK VALUE
At 30 September 2024 5,056
At 30 September 2023 5,056

7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 809,280
Disposals (809,280 )
At 30 September 2024 -
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 809,280

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 138,289 178,379
Other debtors 1,350 -
Inter company loan 70,400 70,400
Directors' current accounts - 4,952
Prepayments and accrued income 201,692 183,598
411,731 437,329

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts - 33,428
Other loans < 1 year 10,000 10,000
Hire purchase contracts - 336
Trade creditors 2,689 14,168
Tax 40,665 57,267
Social security and other taxes 17,030 11,626
VAT 163,880 38,386
Other creditors 7,339 17,876
Directors' current accounts 1,538 -
Accruals and deferred income 100,209 118,836
343,350 301,923

Caliq Software Limited (Registered number: 02733363)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loan - 7,908
Other loans - 2-5 years 8,334 18,333
8,334 26,241

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
1,385 Ordinary £1 1,385 1,385

12. RELATED PARTY DISCLOSURES

During the year the company recharged costs of £28,603 (2023: £28,871) to a company under common control. At the balance sheet date £198,170 (2023: £169,567) was due from this company and included in debtors due within 1 year. There is no interest being charged on the loan.