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Company Registration No. 09792077 (England and Wales)
Calibso Limited Unaudited accounts for the year ended 31 January 2025
Calibso Limited Unaudited accounts Contents
Page
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Calibso Limited Company Information for the year ended 31 January 2025
Director
Simon Beer
Company Number
09792077 (England and Wales)
Registered Office
20-22 Wenlock Road London N1 7GU England
Accountants
Blue Cube Accountants Limited 7 High Street Windsor SL4 1LD
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Calibso Limited Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
313,878 
215,203 
Current assets
Debtors
101,870 
172,197 
Cash at bank and in hand
659,907 
626,634 
761,777 
798,831 
Creditors: amounts falling due within one year
(768,853)
(789,001)
Net current (liabilities)/assets
(7,076)
9,830 
Total assets less current liabilities
306,802 
225,033 
Creditors: amounts falling due after more than one year
(129,368)
(133,128)
Provisions for liabilities
Deferred tax
(65,411)
(53,800)
Net assets
112,023 
38,105 
Capital and reserves
Called up share capital
102 
102 
Profit and loss account
111,921 
38,003 
Shareholders' funds
112,023 
38,105 
For the year ending 31 January 2025 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 May 2025 and were signed on its behalf by
Simon Beer Director Company Registration No. 09792077
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Calibso Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Calibso Limited is a private company, limited by shares, registered in England and Wales, registration number 09792077. The registered office is 20-22 Wenlock Road, London, N1 7GU, England.
2
Accounting policies
Basis of preparation
These financial statements have been prepared in compliance with FRS 102, ’The Financial Reporting Standard applicable to 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.
Presentation currency
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
Motor vehicles
20% Reducing Balance
Computer equipment
33.33% Straight line
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
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.
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Calibso Limited Notes to the Accounts for the year ended 31 January 2025
Deferred taxation
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.
Pension costs
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charge to the profit & loss account in the period to which they relate.
3
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2024
4,909 
258,498 
10,537 
273,944 
Additions
1,020 
155,828 
3,109 
159,957 
Disposals
(292)
(19,500)
- 
(19,792)
At 31 January 2025
5,637 
394,826 
13,646 
414,109 
Depreciation
At 1 February 2024
1,262 
50,558 
6,921 
58,741 
Charge for the year
1,076 
39,118 
2,158 
42,352 
On disposals
(49)
(813)
- 
(862)
At 31 January 2025
2,289 
88,863 
9,079 
100,231 
Net book value
At 31 January 2025
3,348 
305,963 
4,567 
313,878 
At 31 January 2024
3,647 
207,940 
3,616 
215,203 
2025 
2024 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
214,960 
189,253 
4
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
68,702 
76,458 
Accrued income and prepayments
30,468 
19,039 
Other debtors
2,700 
76,700 
101,870 
172,197 
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Calibso Limited Notes to the Accounts for the year ended 31 January 2025
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
75,087 
70,157 
Obligations under finance leases and hire purchase contracts
37,551 
36,722 
Trade creditors
8,799 
8,412 
Amounts owed to group undertakings and other participating interests
4,070 
- 
Taxes and social security
- 
51,972 
Other creditors
19,027 
7,294 
Loans from directors
21,401 
1 
Deferred income
602,918 
614,443 
768,853 
789,001 
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
129,368 
133,128 
7
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
1 Ordinary shares B of £1 each
1 
1 
1 Ordinary shares C of £1 each
1 
1 
102 
102 
8
Operating lease commitments
2025 
2024 
£ 
£ 
At 31 January 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
37,551 
36,722 
Later than one year and not later than five years
129,368 
133,128 
166,919 
169,850 
9
Transactions with related parties
Included in debtors is £Nil (2024 - £75,000) owed from Calibso Holdings Limited. This company is the parent company and is owned and controlled by director. Included in creditors is £4,070 (2024 - £Nil) owed to Calibso Holdings Limited. This company is the parent company and is owned and controlled by director.
10
Controlling party
The parent company is Calibso Holdings Limited, the registered office address is 7 High Street, Windsor, England SL4 1LD.
11
Average number of employees
During the year the average number of employees was 8 (2024: 5).
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