REGISTERED NUMBER: 13323544 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

Callens African Woods Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

T A G Maelfait

SECRETARY:

MYUKOFFICE LTD

REGISTERED OFFICE:

Westwood House

Annie Med Lane

South Cave

Brough

HU15 2HG

REGISTERED NUMBER:

13323544 (England and Wales)

AUDITORS:

Try Lunn & Co

Chartered Accountants

and Statutory Auditors

Roland House

Princes Dock Street

HULL HU1 2LD

CURRENT ASSETS

Debtors

4

54,070

94,261

Cash at bank and in hand

25,524

14,909

79,594

109,170

CREDITORS

Amounts falling due within one year

5

118,932

131,443

NET CURRENT LIABILITIES

(39,338

)

(22,273

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(39,338

)

(22,273

)

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

7

(39,438

)

(22,373

)

SHAREHOLDERS' FUNDS

(39,338

)

(22,273

)

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 director and authorised for issue on 30 September 2025 and were signed by:

T A G Maelfait - Director

1.	STATUTORY INFORMATION

Callens African Woods Ltd 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.

The Company is dependent on the continued operational and financial support of Callens NV, a fellow group company incorporated in Belgium. The Directors of Callens NV have agreed to provide continued

operational and financial support to ensure the company will be able to trade as a going concern for the

foreseeable future. The financial statements have therefore been prepared on the going concern basis.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover from the sale of goods is recognised when goods are delivered and legal ownership is transferred to the customer.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

54,070

94,261

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed to group undertakings

72,012

106,370

Taxation and social security

36,781

25,073

Other creditors

10,139

-

118,932

131,443

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

1

100

100

7.

RESERVES

Retained

earnings

£

At 1 January 2024

(22,373

)

Deficit for the year

(17,065

)

At 31 December 2024

(39,438

)

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Simon Moss FCCA (Senior Statutory Auditor)

for and on behalf of Try Lunn & Co

9.	RELATED PARTY DISCLOSURES

During the period the Callens African Woods Ltd purchased goods totalling £790,780 (2023: £925,373) from Callens NV, the immediate parent company.

At 31 December 2024 Callens African Woods Ltd owed Callens NV £72,012 (2023: £106,370).

10.	ULTIMATE CONTROLLING PARTY

The company's immediate parent company is Callens NV, a company incorporated in Belgium.

The company's ultimate parent company is S.A.M. BV, a company incorporated in Belgium.

The ultimate controlling party is Mr T A G Maelfait.