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REGISTERED NUMBER: 08176327 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Calvin Trading Limited

Calvin Trading Limited (Registered number: 08176327)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Calvin Trading Limited

Company Information
for the Year Ended 31 AUGUST 2024







DIRECTORS: L Benjamin
O C Cove





REGISTERED OFFICE: 228 Manor Road
High Street
Harlington
Middlesex
UB3 5DS





REGISTERED NUMBER: 08176327 (England and Wales)





ACCOUNTANTS: The Greene Partnership LLP
Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW

Calvin Trading Limited (Registered number: 08176327)

Balance Sheet
31 AUGUST 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 10,218 13,624
Investments 5 100 100
10,318 13,724

CURRENT ASSETS
Debtors 6 790,584 697,805
Cash at bank and in hand 23,181 15,886
813,765 713,691
CREDITORS
Amounts falling due within one year 7 290,429 239,438
NET CURRENT ASSETS 523,336 474,253
TOTAL ASSETS LESS CURRENT
LIABILITIES

533,654

487,977

CREDITORS
Amounts falling due after more than one year 8 (9,167 ) (19,167 )

PROVISIONS FOR LIABILITIES (2,555 ) (3,406 )
NET ASSETS 521,932 465,404

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 521,832 465,304
SHAREHOLDERS' FUNDS 521,932 465,404

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 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.

Calvin Trading Limited (Registered number: 08176327)

Balance Sheet - continued
31 AUGUST 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 23 May 2025 and were signed on its behalf by:





L Benjamin - Director


Calvin Trading Limited (Registered number: 08176327)

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

1. STATUTORY INFORMATION

Calvin Trading 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.

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 reducing balance
Computer equipment - 20% on reducing balance

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

Calvin Trading Limited (Registered number: 08176327)

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

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 September 2023
and 31 August 2024 7,650 43,591 51,241
DEPRECIATION
At 1 September 2023 3,346 34,271 37,617
Charge for year 1,076 2,330 3,406
At 31 August 2024 4,422 36,601 41,023
NET BOOK VALUE
At 31 August 2024 3,228 6,990 10,218
At 31 August 2023 4,304 9,320 13,624

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 September 2023
and 31 August 2024 100
NET BOOK VALUE
At 31 August 2024 100
At 31 August 2023 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 122,634 49,505
Other debtors 611,200 591,200
Sundry loans 56,150 56,500
Prepayments 600 600
790,584 697,805

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 154,964 61,733
Tax 29,042 12,896
VAT 6,894 9,930
Amount due to holding company 85,576 141,176
Directors' current accounts 203 203
Accrued expenses 3,750 3,500
290,429 239,438

Calvin Trading Limited (Registered number: 08176327)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans - 1-2 years 9,167 10,000
Bank loans - 2-5 years - 9,167
9,167 19,167

9. RELATED PARTY DISCLOSURES

Other debtors includes an amount of £450,200 due from Kooples Properties Limited, a company controlled by close family members.

Other debtors includes an amount of £161,000 due from Lanvin Trading Limited, a company controlled by close family members.

An administration charge of £60,000 was paid during the year to Royce Power Transmissions Limited, a company controlled by Lanvin Trading Limited.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Hackett Trading Limited.