Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 07227193 Mr Patrick Flynn Mr David McFarlane Mr David McFarlane Calidad Holdings Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07227193 2023-04-30 07227193 2024-04-30 07227193 2023-05-01 2024-04-30 07227193 frs-core:CurrentFinancialInstruments 2024-04-30 07227193 frs-core:MotorVehicles 2024-04-30 07227193 frs-core:MotorVehicles 2023-05-01 2024-04-30 07227193 frs-core:MotorVehicles 2023-04-30 07227193 frs-core:PlantMachinery 2024-04-30 07227193 frs-core:PlantMachinery 2023-05-01 2024-04-30 07227193 frs-core:PlantMachinery 2023-04-30 07227193 frs-core:ShareCapital 2024-04-30 07227193 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 07227193 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07227193 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 07227193 frs-bus:SmallEntities 2023-05-01 2024-04-30 07227193 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 07227193 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 07227193 1 2023-05-01 2024-04-30 07227193 frs-core:DeferredTaxation 2023-05-01 2024-04-30 07227193 frs-core:DeferredTaxation 2023-04-30 07227193 frs-bus:Director1 2023-05-01 2024-04-30 07227193 frs-bus:Director1 2023-04-30 07227193 frs-bus:Director1 2024-04-30 07227193 frs-bus:Director2 2023-05-01 2024-04-30 07227193 frs-bus:Director2 2023-04-30 07227193 frs-bus:Director2 2024-04-30 07227193 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 07227193 1 2023-05-01 2024-04-30 07227193 frs-core:CurrentFinancialInstruments 1 2024-04-30 07227193 frs-core:CurrentFinancialInstruments 2 2024-04-30 07227193 frs-countries:EnglandWales 2023-05-01 2024-04-30 07227193 2022-04-30 07227193 2023-04-30 07227193 2022-05-01 2023-04-30 07227193 frs-core:CurrentFinancialInstruments 2023-04-30 07227193 frs-core:ShareCapital 2023-04-30 07227193 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 07227193 1 2022-05-01 2023-04-30 07227193 frs-core:CurrentFinancialInstruments 1 2023-04-30 07227193 frs-core:CurrentFinancialInstruments 2 2023-04-30
Registered number: 07227193
Calidad Services Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
DEB Chartered Accountants
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Directors Mr Patrick Flynn
Mr David McFarlane
Secretary Mr David McFarlane
Company Number 07227193
Registered Office DEB House, 19 Middlewoods Way
Wharncliffe Business Park
Carlton
Barnsley
S71 3HR
Business Wilsic Lodge Farm
Wilsic
Doncater
DN11 9AD
Accountants DEB Chartered Accountants
19 Middlewoods Way
Carlton
Barnsley
South Yorkshire
S71 3HR
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Balance Sheet
Registered number: 07227193
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,349 27,132
20,349 27,132
CURRENT ASSETS
Debtors 5 726,073 601,511
Cash at bank and in hand 880,569 1,437,688
1,606,642 2,039,199
Creditors: Amounts Falling Due Within One Year 6 (99,137 ) (125,420 )
NET CURRENT ASSETS (LIABILITIES) 1,507,505 1,913,779
TOTAL ASSETS LESS CURRENT LIABILITIES 1,527,854 1,940,911
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 - (1,556 )
NET ASSETS 1,527,854 1,939,355
CAPITAL AND RESERVES
Called up share capital 9 200 200
Profit and Loss Account 1,527,654 1,939,155
SHAREHOLDERS' FUNDS 1,527,854 1,939,355
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For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr David McFarlane
Director
23/01/2025
The notes on pages 4 to 6 form part of these financial statements.
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Page 4
Notes to the Financial Statements
1. General Information
Calidad Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07227193 . The registered office is DEB House, 19 Middlewoods Way, Wharncliffe Business Park, Carlton, Barnsley, S71 3HR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.5. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Directors 2 2
2 2
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 May 2023 121,680 64,363 186,043
As at 30 April 2024 121,680 64,363 186,043
Depreciation
As at 1 May 2023 108,651 50,260 158,911
Provided during the period 3,257 3,526 6,783
As at 30 April 2024 111,908 53,786 165,694
Net Book Value
As at 30 April 2024 9,772 10,577 20,349
As at 1 May 2023 13,029 14,103 27,132
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 25,855 23,165
Amounts recoverable on contracts 190,045 190,045
Prepayments and accrued income 17,900 10,646
Section 455 Tax repayable 2,898 2,898
VAT 61,000 350
Directors' loan accounts 72,919 8,919
Amounts owed by parent undertaking 355,456 365,488
726,073 601,511
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 5,742 19,371
Sales invoiced in advance 87,500 87,500
Credit card 1,057 515
Accruals and deferred income 4,838 18,034
99,137 125,420
7. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences - 1,556
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8. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 May 2023 1,556 1,556
Reversals (1,556 ) (1,556)
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 May 2023 Amounts advanced Amounts repaid Amounts written off As at 30 April 2024
£ £ £ £ £
Mr Patrick Flynn 6,664 64,000 - - 70,664
Mr David McFarlane 2,254 - - - 2,254
The above loans are unsecured, interest free and repayable on demand.
11. Related Party Transactions
The Company is controlled by Mr D McFarlane & P Flynn, directors of the company.
During the year the company paid £161,500 (2023 - £1,002,822) to Leadors Limited in respect of subcontract costs. Leadors Limited is controlled by D McFarlane, director.
During the year the company paid £795,833. (2023 - £654,019) to Hatshead Mechanical Services Limited in respect of subcontract costs. Hatshead Mechanical Services Limited is controlled by P Flynn, director.
12. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Calidad Holdings Limited . Calidad Holdings Limited was incorporated in England & Wales. The ultimate controlling party is Calidad Holdings Limited who controls 100% of the shares of Calidad Services Limited .
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