Registration number: 07469655

thecallsheet.co.uk Limited

(Registration number: 07469655)
Statement of Financial Position as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	5	454	605
Current assets
Debtors	6	14,639	14,992
Cash at bank and in hand		81,244	44,807
		95,883	59,799
Creditors: Amounts falling due within one year	7	(55,477)	(35,239)
Net current assets		40,406	24,560
Net assets		40,860	25,165
Capital and reserves
Called up share capital		155	155
Share premium reserve		88,560	88,560
Profit and loss account		(47,855)	(63,550)
Shareholders' funds		40,860	25,165

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 29 September 2025 and signed on its behalf by:
 

......................................... Mr S J Hetherington Director

thecallsheet.co.uk Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: Knoll House, Knoll Road, Camberley, Surrey, GU15 3SY, United Kingdom.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

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 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.

Other grants

Grants are accounted for under the accruals model as permitted by FRS 102. Grants of a revenue nature are recognised in “turnover” within profit or loss in the same period as the related expenditure.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

thecallsheet.co.uk Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position 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

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:

Asset class	Depreciation method and rate
Computer equipment	25% reducing balance

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Patents and trademarks	Over estimated useful life of 5 years

Trade debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

Trade creditors

Short term creditors are measured at the transaction price.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

Employee benefits

Short-term employee benefits are recognised as an expense in the period which they are incurred.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

thecallsheet.co.uk Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2023 - 1).

4	Intangible assets

	Patents and trademarks £	Total £
Cost or valuation
At 1 January 2024	2,000	2,000
At 31 December 2024	2,000	2,000
Amortisation
At 1 January 2024	2,000	2,000
At 31 December 2024	2,000	2,000
Carrying amount
At 31 December 2024	-	-

5	Tangible assets

	Computer equipment £	Total £
Cost or valuation
At 1 January 2024	1,837	1,837
At 31 December 2024	1,837	1,837
Depreciation
At 1 January 2024	1,232	1,232
Charge for the year	151	151
At 31 December 2024	1,383	1,383
Carrying amount
At 31 December 2024	454	454
At 31 December 2023	605	605

thecallsheet.co.uk Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

6

Debtors

	Note	2024 £	2023 £
Trade debtors		2,040	516
Other debtors		1,908	-
Prepayments		29	13
Deferred tax assets		10,662	14,463
		14,639	14,992

7

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Trade creditors	1,180	-
Taxation and social security	2,921	3,977
Accruals and deferred income	49,960	30,130
Other creditors	1,416	1,132
	55,477	35,239