REGISTERED NUMBER: 03865959 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31 December 2024

for

CALLCHANGE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr I A Seedat

Mrs F I Seedat

REGISTERED OFFICE:

406 East Park Road

Leicester

Leicestershire

LE5 5HH

REGISTERED NUMBER:

03865959 (England and Wales)

ACCOUNTANTS:

TC Group

31 High View Close

Hamilton Office Park

Leicester

Leicestershire

LE4 9LJ

FIXED ASSETS

Tangible assets

4

-

-

Investment property

5

1,275,000

1,275,000

1,275,000

1,275,000

CURRENT ASSETS

Debtors

6

128,357

572

Cash at bank

153,532

216,743

281,889

217,315

CREDITORS

Amounts falling due within one year

7

137,365

136,270

NET CURRENT ASSETS

144,524

81,045

TOTAL ASSETS LESS CURRENT LIABILITIES

1,419,524

1,356,045

CREDITORS

Amounts falling due after more than one year

8

(240,489

)

(220,131

)

PROVISIONS FOR LIABILITIES

(141,225

)

(141,225

)

NET ASSETS

1,037,810

994,689

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

9

738,879

738,879

Retained earnings

298,929

255,808

1,037,810

994,689

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 30 September 2025 and were signed on its behalf by:

Mr I A Seedat - Director

1.	STATUTORY INFORMATION

Callchange 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 as modified by the revaluation of certain assets.

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.

Fixtures and fittings

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2024

and 31 December 2024

26,799

DEPRECIATION

At 1 January 2024

and 31 December 2024

26,799

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

1,275,000

NET BOOK VALUE

At 31 December 2024

1,275,000

At 31 December 2023

1,275,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2011

405,210

Valuation in 2015

100,000

Valuation in 2016

146,000

Valuation in 2017

140,000

Valuation in 2021

55,000

Cost

428,790

1,275,000

At the year end the investment properties were valued by the directors based upon their knowledge of local market conditions and the condition of the properties involved. In their opinion the value included within the financial statements is a fair value.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

128,357

572

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

12,996

10,199

Other creditors

124,369

126,071

137,365

136,270

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

240,489

220,131

9.

RESERVES

Fair

value

reserve

£

At 1 January 2024

and 31 December 2024

738,879

10.	RELATED PARTY DISCLOSURES

Other creditors include directors accounts of £117,249 (2023 £118,810). No interest is charged and the loans are repayable on demand.

Other creditors due after more than one year of £240,489 (2023 £220,131) relates to a loan from a Company under the same control and has undertaken not to withdraw funds within 12 months of date of signing the balance sheet. Interest of £14,309 (2023 £13,435) was charged during the year.