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REGISTERED NUMBER: 10144087 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

CALIBRE INC. LIMITED

CALIBRE INC. LIMITED (REGISTERED NUMBER: 10144087)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Balance sheet 1

Notes to the financial statements 2


CALIBRE INC. LIMITED (REGISTERED NUMBER: 10144087)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 38,653 23,211

Current assets
Debtors 5 24,944 17,397
Cash at bank 163,268 121,462
188,212 138,859
Creditors
Amounts falling due within one year 6 39,260 26,748
Net current assets 148,952 112,111
Total assets less current liabilities 187,605 135,322

Provisions for liabilities 7 9,663 5,128
Net assets 177,942 130,194

Capital and reserves
Called up share capital 8 1 1
Retained earnings 177,941 130,193
Shareholders' funds 177,942 130,194

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 24 January 2025 and were signed by:





Mr D W Martin - Director


CALIBRE INC. LIMITED (REGISTERED NUMBER: 10144087)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. Statutory information

Calibre Inc. Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 10144087. The registered office is 7 & 8 Church Street, Wimborne, Dorset, BH21 1JH and business address is 19 Clifton Road, Poole, Dorset, BH14 9PW.

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 represents amounts receivable, excluding value added tax, in respect of services provided in the ordinary course of business. Turnover is recognised as soon as the service has been provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 balance sheet date.

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.

Financial instruments
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3. Employees and directors

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

CALIBRE INC. LIMITED (REGISTERED NUMBER: 10144087)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. Tangible fixed assets
Fixtures
and Computer
fittings equipment Totals
£    £    £   
Cost
At 1 May 2023 3,419 41,284 44,703
Additions - 29,480 29,480
Disposals - (6,717 ) (6,717 )
At 30 April 2024 3,419 64,047 67,466
Depreciation
At 1 May 2023 855 20,637 21,492
Charge for year 641 12,243 12,884
Eliminated on disposal - (5,563 ) (5,563 )
At 30 April 2024 1,496 27,317 28,813
Net book value
At 30 April 2024 1,923 36,730 38,653
At 30 April 2023 2,564 20,647 23,211

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 12,917 17,397
VAT 6,619 -
Prepayments and accrued income 5,408 -
24,944 17,397

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 14,279 4,844
Tax 21,406 16,393
VAT - 1,990
Directors' current accounts 955 1,026
Accruals and deferred income 2,620 2,495
39,260 26,748

7. Provisions for liabilities
2024 2023
£    £   
Deferred tax 9,663 5,128

CALIBRE INC. LIMITED (REGISTERED NUMBER: 10144087)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


7. Provisions for liabilities - continued

Deferred
tax
£   
Balance at 1 May 2023 5,128
Provided during year 4,535
Balance at 30 April 2024 9,663

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1.00 1 1

9. Ultimate controlling party

The company is controlled by the director, Mr D Martin, who owns 100% of the share capital.