Registration number: SC194778

Callidus Services Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

Callidus Services Limited

Company Information

Directors

Mr D Montgomery Mrs H Montgomery

Company secretary

Mrs H Montgomery

Registered office

29 Gladstone Place Aberdeen AB10 6UX

Accountants

Carnegie Accountancy Chartered Certified Accountant24 Carnegie Crescent Aberdeen AB15 4AE

Callidus Services Limited

(Registration number: SC194778)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	27,320	34,500
Investment property	5	2,933,100	2,963,000
		2,960,420	2,997,500
Current assets
Debtors	6	6,686	17,938
Cash at bank and in hand		459,652	418,813
		466,338	436,751
Creditors: Amounts falling due within one year	7	(21,822)	(32,591)
Net current assets		444,516	404,160
Total assets less current liabilities		3,404,936	3,401,660
Creditors: Amounts falling due after more than one year	7	(615,000)	(614,916)
Provisions for liabilities	8	(5,190)	(6,555)
Net assets		2,784,746	2,780,189
Capital and reserves
Called up share capital	9	150	150
Retained earnings		2,784,596	2,780,039
Shareholders' funds		2,784,746	2,780,189

For the financial year ending 31 March 2026 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 FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 25 August 2026 and signed on its behalf by:
 

......................................... Mr D Montgomery Director

Callidus Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
29 Gladstone Place
Aberdeen
AB10 6UX

The principal place of business is:
29 Gladstone Place
Aberdeen
AB10 6UX

These financial statements were authorised for issue by the Board on 25 August 2026.

2	Accounting policies

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the rental properties and the provision of property related services. Turnover is shown net of value added tax,

Tax

The tax expense for the period comprises current and 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.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

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 balance sheet 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.

Callidus Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and Machinery	20% Reducing balance
Motor Vehicles	25% Reducing balance

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit and loss.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2025 - 3).

Callidus Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4	Tangible assets

	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2025	129,886	42,350	172,236
Additions	815	-	815
At 31 March 2026	130,701	42,350	173,051
Depreciation
At 1 April 2025	117,886	19,850	137,736
Charge for the year	2,495	5,500	7,995
At 31 March 2026	120,381	25,350	145,731
Carrying amount
At 31 March 2026	10,320	17,000	27,320
At 31 March 2025	12,000	22,500	34,500

5	Investment properties

	2026 £
At 1 April	2,963,000
Fair value adjustments	(29,900)
At 31 March	2,933,100

Investment properties comprises of both commercial and residential properties. The fair value of the investment properties have been arrived at on the basis of valuations carried out by the directors. The valuations were made on an open market basis by reference to market evidence of transaction prices for similar properties.

If investment properties were stated on an historical cost basis rather than a fair value basis, the cost would have been £3,070,682.

6

Debtors

Current	2026 £	2025 £
Other debtors	6,686	17,938
	6,686	17,938

Callidus Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

7

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Taxation and social security	17,245	12,171
Accruals and deferred income	4,577	20,420
	21,822	32,591

Taxation and social security includes corporation tax for the year of £9741 (2025 - £2640).

Callidus Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Creditors: amounts falling due after more than one year

	2026 £	2025 £
Due after one year
Loans and borrowings	615,000	614,916