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REGISTERED NUMBER: 02057677 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

CALLCUT WEST LIMITED

CALLCUT WEST LIMITED (REGISTERED NUMBER: 02057677)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CALLCUT WEST LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: I A Roywest
P Roywest





SECRETARY: P Roywest





REGISTERED OFFICE: 85 Elmbridge Avenue
Surbiton
Surrey
KT5 9EZ





REGISTERED NUMBER: 02057677 (England and Wales)





ACCOUNTANTS: Charles Lamb
Chartered Accountants
3 Blacklands Crescent
Forest Row
East Sussex
RH18 5NN

CALLCUT WEST LIMITED (REGISTERED NUMBER: 02057677)

STATEMENT OF FINANCIAL POSITION
31 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 884 660
Investment property 5 495,000 470,000
495,884 470,660

CURRENT ASSETS
Debtors 6 16,271 468
Cash at bank 160,257 120,343
176,528 120,811
CREDITORS
Amounts falling due within one year 7 284,334 221,964
NET CURRENT LIABILITIES (107,806 ) (101,153 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

388,078

369,507

PROVISIONS FOR LIABILITIES 17,048 7,503
NET ASSETS 371,030 362,004

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 371,010 361,984
SHAREHOLDERS' FUNDS 371,030 362,004

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

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

CALLCUT WEST LIMITED (REGISTERED NUMBER: 02057677)

STATEMENT OF FINANCIAL POSITION - continued
31 JULY 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 25 April 2025 and were signed on its behalf by:





I A Roywest - Director


CALLCUT WEST LIMITED (REGISTERED NUMBER: 02057677)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Callcut West 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost

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 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 2 (2023 - 1 ) .

CALLCUT WEST LIMITED (REGISTERED NUMBER: 02057677)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 August 2023 4,358
Additions 739
Disposals (3,038 )
At 31 July 2024 2,059
DEPRECIATION
At 1 August 2023 3,698
Charge for year 515
Eliminated on disposal (3,038 )
At 31 July 2024 1,175
NET BOOK VALUE
At 31 July 2024 884
At 31 July 2023 660

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023 470,000
Revaluations 25,000
At 31 July 2024 495,000
NET BOOK VALUE
At 31 July 2024 495,000
At 31 July 2023 470,000

Fair value at 31 July 2024 is represented by:
£   
Valuation in 2017 4,538
Valuation in 2018 7,500
Valuation in 2020 10,000
Valuation in 2021 12,897
Valuation in 2022 5,111
Valuation in 2023 15,000
Valuation in 2024 25,000
Cost 414,954
495,000

CALLCUT WEST LIMITED (REGISTERED NUMBER: 02057677)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

5. INVESTMENT PROPERTY - continued

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

2024 2023
£    £   
Cost 414,954 414,954

Investment property was valued on an open market basis on 31 July 2024 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,000 -
Other debtors 5,271 468
16,271 468

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 7,822 1,158
Other creditors 276,512 220,806
284,334 221,964

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

2024 2023
£    £   
I A Roywest
Balance outstanding at start of year (210,863 ) (165,223 )
Amounts advanced 2,000 1,900
Amounts repaid (51,989 ) (47,540 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (260,852 ) (210,863 )

The director's loan is unsecured and repayable on demand. Interest at 2.25% is charged on amounts due to the company but the loan is otherwise interest free.