REGISTERED NUMBER: 05973655 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

CALCOTT STORES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R S Johal

REGISTERED OFFICE:

12 Gatcombe Way

Priorslee

Telford

Shropshire

TF2 GZ

REGISTERED NUMBER:

05973655 (England and Wales)

CURRENT ASSETS

Debtors

4

113,340

128,004

CREDITORS

Amounts falling due within one year

5

30,017

25,793

NET CURRENT ASSETS

83,323

102,211

TOTAL ASSETS LESS CURRENT LIABILITIES

83,323

102,211

CREDITORS

Amounts falling due after more than one year

6

58,106

69,079

NET ASSETS

25,217

33,132

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

9

24,217

32,132

SHAREHOLDERS' FUNDS

25,217

33,132

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 March 2025 and were signed by:

R S Johal - Director

1.	STATUTORY INFORMATION

Calcott Stores 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.

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

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.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/23

31/10/22

£

£

Sterchley Properties Limited

3,340

18,004

Fatz Chip & Diner Limited

110,000

110,000

113,340

128,004

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/23

31/10/22

£

£

Bank loans and overdrafts (see note 7)

17

17

Trade creditors

840

780

Tax

9,879

9,006

Social security and other taxes

1,004

1,004

Pension

833

833

VAT

1,881

1,881

Directors' current accounts

14,903

11,672

Accrued expenses

660

600

30,017

25,793

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/10/23

31/10/22

£

£

Bank loans (see note 7)

58,106

69,079

7.

LOANS

An analysis of the maturity of loans is given below:

31/10/23

31/10/22

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

17

17

Amounts falling due between two and five years:

Bank loans - 2-5 years

9,931

18,574

Bank loan

48,175

50,505

58,106

69,079

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/10/23

31/10/22

value:

£

£

1,000

Ordinary

£1

1,000

1,000

9.

RESERVES

Retained

earnings

£

At 1 November 2022

32,132

Deficit for the year

(7,915

)

At 31 October 2023

24,217