Company Registration No. SC417339 (Scotland)
Calculo Ltd
Unaudited accounts
for the year ended 28 February 2026
Calculo Ltd
Unaudited accounts
Contents
Calculo Ltd
Company Information
for the year ended 28 February 2026
Company Number
SC417339 (Scotland)
Registered Office
09 Eastworks
Gateway Court
Glasgow
G40 4DS
United Kingdom
Accountants
Calculo Ltd
Eastworks
Gateway Court
Glasgow
G40 4DS
Calculo Ltd
Statement of financial position
as at 28 February 2026
Intangible assets
12,496
770
Tangible assets
15,767
11,614
Cash at bank and in hand
27,224
39,182
Creditors: amounts falling due within one year
(69,912)
(65,935)
Net current assets
11,433
50,468
Total assets less current liabilities
39,696
62,852
Creditors: amounts falling due after more than one year
(6,819)
(8,619)
Called up share capital
10
10
Profit and loss account
32,867
54,223
Shareholders' funds
32,877
54,233
For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 October 2026 and were signed on its behalf by
Mr Ryan Jenkins
Director
Company Registration No. SC417339
Calculo Ltd
Notes to the Accounts
for the year ended 28 February 2026
Calculo Ltd is a private company, limited by shares, registered in Scotland, registration number SC417339. The registered office is 09 Eastworks, Gateway Court, Glasgow, G40 4DS, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% reducing balance
Fixtures & fittings
10% reducing balance
Computer equipment
10% reducing balance
Intangible fixed assets (including intellectual property and patents) are included at cost less accumulated amortisation.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
There are no material uncertainties that may cast significant doubt about the company’s ability to continue as a going concern, therefore the annual accounts have been prepared on the going concern basis.
Calculo Ltd
Notes to the Accounts
for the year ended 28 February 2026
Turnover 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 have been delivered to customers such that risks and rewards of ownership have transferred to them.
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The UK Governments Net Zero Target aims to bring all greenhouse gas emissions to net zero by 2050.
Calculo Ltd has met all Carbon Neutral Britain Certification™ standards in measuring, calculating and carbon offsetting organisational carbon emissions selected within the Scope 1, 2 and 3 GHG emissions boundary during the financial year.
Calculations on carbon emissions have been made following the ISO 14064-1:2018 (Greenhouse Gases) and GHG Protocol Emissions Standards.
In the financial year Calculo has offset 11.40 Tonnes of CO₂e emissions via United Nations verified carbon offsetting projects.
4
Intangible fixed assets
Other
At 28 February 2026
14,417
At 28 February 2026
12,496
Calculo Ltd
Notes to the Accounts
for the year ended 28 February 2026
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2025
208
1,072
16,222
17,502
At 28 February 2026
208
1,072
22,127
23,407
At 1 March 2025
98
489
5,301
5,888
Charge for the year
11
58
1,683
1,752
At 28 February 2026
109
547
6,984
7,640
At 28 February 2026
99
525
15,143
15,767
At 28 February 2025
110
583
10,921
11,614
Amounts falling due within one year
Trade debtors
9,587
27,667
Other debtors
9,980
15,000
Amounts falling due after more than one year
Other debtors
34,554
34,554
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
1,688
1,762
Taxes and social security
49,358
43,124
8
Creditors: amounts falling due after more than one year
2026
2025
9
Average number of employees
During the year the average number of employees was 8 (2025: 6).