Company registration number 07325596 (England and Wales)
CARALLON HOLDINGS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JULY 2024
PAGES FOR FILING WITH REGISTRAR
Kings House
9-10 Haymarket
London
United Kingdom
SW1Y 4BP
CARALLON HOLDINGS LIMITED
CONTENTS
Page
Company information
1
Balance sheet
2
Notes to the financial statements
3 - 5
CARALLON HOLDINGS LIMITED
COMPANY INFORMATION
- 1 -
Directors
Mr C Hunt
Mr R J Mead
Secretary
Mr C Hunt
Company number
07325596
Registered office
272 Gunnersbury Avenue
London
W4 5QB
Auditor
TC Group London Limited
Kings House
9-10 Haymarket
London
United Kingdom
SW1Y 4BP
CARALLON HOLDINGS LIMITED
BALANCE SHEET
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investments
3
1,250,000
1,250,000
Current assets
Debtors
4
35,250
35,250
Net current assets
35,250
35,250
Total assets less current liabilities
1,285,250
1,285,250
Capital and reserves
Called up share capital
5
326
326
Share premium account
35,240
35,240
Merger reserve
934,600
934,600
Capital redemption reserve
84
84
Profit and loss reserves
315,000
315,000
Total equity
1,285,250
1,285,250
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 19 August 2025 and are signed on its behalf by:
Mr C Hunt
Director
Company Registration No. 07325596
The notes on pages 3 to 5 form part of these financial statements
CARALLON HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
- 3 -
1
Accounting policies
Company information
Carallon Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 272 Gunnersbury Avenue, London, W4 5QB.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to account for its investments at fair value as noted below.
The company has taken advantage of the exemption under section 400 of the Companies Act 2006 not to prepare consolidated accounts. The financial statements present information about the company as an individual entity and not about its group.
Carallon Holdings Limited is a wholly owned subsidiary of Carallon Group Holdings Limited and the results of Carallon Holdings Limited are included in the consolidated financial statements of Carallon Group Holdings Limited which are available from its registered office at 272 Gunnersbury Avenue, London, W4 5QB.
1.2
Fixed asset investments
Interests in subsidiaries are accounted for at fair value at the date of acquisition, less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
1.3
Cash and cash equivalents
Cash at bank and in hand are basic financial assets and include cash in hand.
1.4
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.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
CARALLON HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
1
Accounting policies
(Continued)
- 4 -
Basic financial assets
Basic financial assets, which include amounts due from group undertakings, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.
1.5
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
1.6
On incorporation, Carallon Holdings Limited acquired its wholly owned subsidiary via a share for share exchange, and as a result, merger relief was available under Section 612 of the Companies Act 2006. The company chose to account for the investment in its subsidiary at fair value, thereby creating a merger reserve.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
0
0
3
Fixed asset investments
2024
2023
£
£
Investments
1,250,000
1,250,000
Carrying amount as at 31 July 2020
1,250,000
1,250,000
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
35,250
35,250
CARALLON HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
- 5 -
5
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of 5p each
6,520
6,520
326
326
6
Audit report information
As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:
The auditor's report was unqualified.
Senior Statutory Auditor:
Robert Keen FCCA
Statutory Auditor:
TC Group London Limited
Date of audit report:
19 August 2025
7
Parent company
The ultimate parent company is Carallon Group Holdings Limited, a company registered in England and Wales.