Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07499378 2023-04-01 2024-03-31 07499378 2022-04-01 2023-03-31 07499378 2024-03-31 07499378 2023-03-31 07499378 c:Director1 2023-04-01 2024-03-31 07499378 d:MotorVehicles 2023-04-01 2024-03-31 07499378 d:MotorVehicles 2024-03-31 07499378 d:MotorVehicles 2023-03-31 07499378 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 07499378 d:FurnitureFittings 2023-04-01 2024-03-31 07499378 d:FurnitureFittings 2024-03-31 07499378 d:FurnitureFittings 2023-03-31 07499378 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 07499378 d:ComputerEquipment 2023-04-01 2024-03-31 07499378 d:ComputerEquipment 2024-03-31 07499378 d:ComputerEquipment 2023-03-31 07499378 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 07499378 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 07499378 d:CurrentFinancialInstruments 2024-03-31 07499378 d:CurrentFinancialInstruments 2023-03-31 07499378 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 07499378 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 07499378 d:ShareCapital 2024-03-31 07499378 d:ShareCapital 2023-03-31 07499378 d:RetainedEarningsAccumulatedLosses 2024-03-31 07499378 d:RetainedEarningsAccumulatedLosses 2023-03-31 07499378 c:FRS102 2023-04-01 2024-03-31 07499378 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07499378 c:FullAccounts 2023-04-01 2024-03-31 07499378 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07499378 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 07499378









CALLISTER LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
CALLISTER LIMITED
 

CONTENTS



Page
Balance Sheet
1 - 2
Notes to the Financial Statements
3 - 7


 
CALLISTER LIMITED
REGISTERED NUMBER: 07499378

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
231
1,268

  
231
1,268

Current assets
  

Debtors: amounts falling due within one year
 5 
8,665
8,665

Cash at bank and in hand
 6 
-
103

  
8,665
8,768

Creditors: amounts falling due within one year
 7 
(69,059)
(72,076)

Net current liabilities
  
 
 
(60,394)
 
 
(63,308)

Total assets less current liabilities
  
(60,163)
(62,040)

  

Net liabilities
  
(60,163)
(62,040)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(60,263)
(62,140)

  
(60,163)
(62,040)


Page 1

 
CALLISTER LIMITED
REGISTERED NUMBER: 07499378
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Mr Thomas Gordon
Director

Date: 27 June 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
CALLISTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Callister Limited is a private company, limited by shares, domiciled in England and Wales, registration number 07499378. The registered office is Aston House, Cornwall Avenue, London, N3 1LF.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director considers it appropriate to prepare the financial statements on a going concern basis. The company continues to pay its debts as they fall due and retains the support of the director and sole shareholder.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
CALLISTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles
-
Fully Depreciated
Fixtures & fittings
-
Fully Depreciated
Computer equipment
-
25%
Straight Line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.
Page 4

 
CALLISTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.9
Financial instruments (continued)


Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 5

 
CALLISTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Tangible fixed assets





Motor vehicles
Fixtures & fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 April 2023
3,000
7,318
4,143
14,461



At 31 March 2024

3,000
7,318
4,143
14,461



Depreciation


At 1 April 2023
3,000
7,317
2,877
13,194


Charge for the year on owned assets
-
-
1,036
1,036



At 31 March 2024

3,000
7,317
3,913
14,230



Net book value



At 31 March 2024
-
1
230
231



At 31 March 2023
-
1
1,267
1,268


5.


Debtors

2024
2023
£
£


Other debtors
8,665
8,665

8,665
8,665



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
-
103

Less: bank overdrafts
(210)
-

(210)
103


Page 6

 
CALLISTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
210
-

Other taxation and social security
15,931
15,508

Other creditors
49,778
55,068

Accruals and deferred income
3,140
1,500

69,059
72,076


 
Page 7