Callidas Consulting Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07605686 (England and Wales)

Financial Statements for the Year Ended 30th April 2019

for

Callidas Consulting Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A J Leggett

Mrs L C Leggett

REGISTERED OFFICE:

Ground Floor, Southway House

29 Southway

Colchester

Essex

CO2 7BA

REGISTERED NUMBER:

07605686 (England and Wales)

FIXED ASSETS

Tangible assets

4

2,625

1,286

CURRENT ASSETS

Stocks and work in progress

-

6,303

Debtors

5

20,341

11,283

Cash at bank

13,493

4,697

33,834

22,283

CREDITORS

Amounts falling due within one year

6

29,415

19,329

NET CURRENT ASSETS

4,419

2,954

TOTAL ASSETS LESS CURRENT LIABILITIES

7,044

4,240

PROVISIONS FOR LIABILITIES

499

244

NET ASSETS

6,545

3,996

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

6,542

3,993

SHAREHOLDERS' FUNDS

6,545

3,996

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 10th January 2020 and were signed on its behalf by:

Mr A J Leggett - Director

1.	STATUTORY INFORMATION

Callidas Consulting 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added

tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing

stocks and work in progress to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained

Earnings, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in

which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted

or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be

recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1st May 2018

3,835

Additions

1,727

At 30th April 2019

5,562

DEPRECIATION

At 1st May 2018

2,549

Charge for year

388

At 30th April 2019

2,937

NET BOOK VALUE

At 30th April 2019

2,625

At 30th April 2018

1,286

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

20,341

11,283

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

1,397

12

Taxation and social security

25,967

18,032

Other creditors

2,051

1,285

29,415

19,329

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr A J Leggett.