CALYBRE GROUP LIMITED

Company Registration Number:
14905525 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 31 May 2023

End date: 30 September 2024

CALYBRE GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

CALYBRE GROUP LIMITED

Balance sheet

As at 30 September 2024


Notes

16 months to 30 September 2024


£
Called up share capital not paid: 0
Fixed assets
Intangible assets:   0
Tangible assets: 3 2,685
Investments:   0
Total fixed assets: 2,685
Current assets
Stocks: 0
Debtors: 4 17,620
Cash at bank and in hand: 344,932
Investments:   0
Total current assets: 362,552
Creditors: amounts falling due within one year: 5 (884,808)
Net current assets (liabilities): (522,256)
Total assets less current liabilities: (519,571)
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Total net assets (liabilities): (519,571)
Capital and reserves
Called up share capital: 100
Share premium account: 0
Revaluation reserve: 0
Other reserves: 0
Profit and loss account: (519,671)
Shareholders funds: (519,571)

The notes form part of these financial statements

CALYBRE GROUP LIMITED

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 May 2025
and signed on behalf of the board by:

Name: Ryan Jamieson
Status: Director

The notes form part of these financial statements

CALYBRE GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

Tangible fixed assets and depreciation policy

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: Computer Equipment Straight line over 5 years - 20% per year.

Other accounting policies

Going concern: The financial statements have been prepared on a going concern basis. The company has net liabilities of £519,571 at 30.09.2024. The company is a subsidiary undertaking of Truesouth Capital Limited, a company incorporated in the UK. Calybre Group Limited is dependent on the continuing financial support of TrueSouth Capital Limited to operate as a going concern and the director has obtained written confirmation from the parent company that it will provide or procure such funds as are necessary to enable the company to settle all external liabilities as they fall due for at least a period of twelve months from the concern basis. Foreign currency transactions and balances: Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured. Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated. Trade debtors: Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables. Trade creditors: Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Share capital Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

CALYBRE GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

16 months to 30 September 2024
Average number of employees during the period 3

CALYBRE GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible Assets

Total
Cost £
Additions 3,069
Disposals 0
Revaluations 0
Transfers 0
At 30 September 2024 3,069
Depreciation
Charge for year 384
On disposals 0
Other adjustments 0
At 30 September 2024 384
Net book value
At 30 September 2024 2,685

CALYBRE GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Debtors

16 months to 30 September 2024
£
Debtors due after more than one year: 3,220

Trade debtors (falling due withing a year) - £14,400

CALYBRE GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Creditors: amounts falling due within one year note

Trade creditors - £17,176 Amounts owed to group undertakings - £858,940 Taxation and social security - £8,009 Other creditors - £683 Total creditors falling due within one year - £884,808