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REGISTERED NUMBER: SC485352 (Scotland)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

CALISTO V LIMITED

CALISTO V LIMITED (REGISTERED NUMBER: SC485352)

Contents of the Financial Statements
for the Year Ended 31 August 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CALISTO V LIMITED

Company Information
for the Year Ended 31 August 2024







DIRECTOR: S Whiteford





REGISTERED OFFICE: 5 Carden Place
Aberdeen
AB10 1UT





REGISTERED NUMBER: SC485352 (Scotland)






CALISTO V LIMITED (REGISTERED NUMBER: SC485352)

Balance Sheet
31 August 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 4,375 -
Debtors 4 79,501 79,903
Cash at bank 99 346
83,975 80,249
CREDITORS
Amounts falling due within one year 5 83,869 80,068
NET CURRENT ASSETS 106 181
TOTAL ASSETS LESS CURRENT
LIABILITIES

106

181

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 105 180
SHAREHOLDERS' FUNDS 106 181

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 10 February 2025 and were signed by:





S Whiteford - Director


CALISTO V LIMITED (REGISTERED NUMBER: SC485352)

Notes to the Financial Statements
for the Year Ended 31 August 2024


1. STATUTORY INFORMATION

Calisto V Limited is a private company, limited by shares , registered in Scotland. 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.

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

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 1 (2023 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,000 -
Amounts owed by participating interests 70,000 70,000
Other debtors 4,501 9,903
79,501 79,903

CALISTO V LIMITED (REGISTERED NUMBER: SC485352)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,500 -
Amounts owed to participating interests 68,462 68,462
Taxation and social security 12,266 10,356
Other creditors 1,641 1,250
83,869 80,068

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2024 2023
£    £   
S Whiteford
Balance outstanding at start of year 7,404 13,489
Amounts advanced 51,948 26,239
Amounts repaid (55,987 ) (32,324 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,365 7,404

7. ULTIMATE CONTROLLING PARTY

The controlling party is S Whiteford.