Company No: 09117816 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Current assets
Debtors	5	514		1,428
Cash at bank and in hand		0		413
		514		1,841
Creditors: amounts falling due within one year	6	( 5,905)		( 4,791)
Net current liabilities		(5,391)		(2,950)
Total assets less current liabilities		(5,391)		(2,950)
Net liabilities		( 5,391)		( 2,950)
Capital and reserves
Called-up share capital		1		1
Profit and loss account		( 5,392 )		( 2,951 )
Total shareholder's deficit		( 5,391)		( 2,950)

For the financial year ending 31 July 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Calmsden Limited (registered number: 09117816) were approved and authorised for issue by the Board of Directors on 30 November 2025. They were signed on its behalf by:

M H Tufnell Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Calmsden Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is The Estate Office, Calmsden Workspace, Cirencester, Gloucestershire, GL7 5GF, United Kingdom.

The financial statements have been prepared under the historical cost convention and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Calmsden Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Going concern

During 2025, the directors made the decision that the Company would cease trading and that any residual trading activities would be transferred to another entity. The transfer was finalised in January 2025 and the company subsequently became a dormant company. As a result, the financial statements have been prepared on a basis other than the going concern basis of preparation. The directors have included in the financial statements any provision for costs of ceasing to trade and, where appropriate, the Company's assets have been written down to their net realisable value.

Turnover

Turnover represented the value of services provided to third parties during the year. Turnover is measured at the fair value of the consideration received or receivable and is recognised when services have been provided. Also included within turnover are reimbursed expenses in respect of the services provided.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Intangible assets

Intangible assets are stated at cost, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost of each asset over its expected useful life as follows:

Website costs

3 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment

3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the statement of income and retained earnings.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Intangible assets

	Website costs		Total
	£		£
Cost
At 01 August 2024	1,125		1,125
At 31 July 2025	1,125		1,125
Accumulated amortisation
At 01 August 2024	1,125		1,125
At 31 July 2025	1,125		1,125
Net book value
At 31 July 2025	0		0
At 31 July 2024	0		0

4. Tangible assets

	Computer equipment		Total
	£		£
Cost
At 01 August 2024	888		888
Disposals	( 888)		( 888)
At 31 July 2025	0		0
Accumulated depreciation
At 01 August 2024	888		888
Disposals	( 888)		( 888)
At 31 July 2025	0		0
Net book value
At 31 July 2025	0		0
At 31 July 2024	0		0

5. Debtors

	2025		2024
	£		£
VAT recoverable	0		326
Corporation tax	514		1,102
	514		1,428

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	0		1,956
Amounts owed to directors	3,565		600
Accruals	2,340		2,235
	5,905		4,791

7. Related party transactions

Included within creditors due within one year is an outstanding loan from one of the directors of £3,565 (2024: £600). The loan is unsecured, interest free and is repayable on demand.