Callow Capital Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10872414 (England and Wales)

Unaudited Financial Statements

for the Period 1 August 2019 to 31 December 2020

for

Callow Capital Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A J Carruthers

REGISTERED OFFICE:

1 Lowman Way

Hilton Business Park

Hilton

Derbyshire

DE65 5LJ

REGISTERED NUMBER:

10872414 (England and Wales)

ACCOUNTANTS:

A Butler & Co

12 Darley Abbey Mills

Darley Abbey

Derby

Derbyshire

DE22 1DZ

FIXED ASSETS

Tangible assets

4

805

-

CURRENT ASSETS

Debtors

622,212

1

Cash at bank

13,890

-

636,102

1

CREDITORS

Amounts falling due within one year

626,410

-

NET CURRENT ASSETS

9,692

1

TOTAL ASSETS LESS CURRENT LIABILITIES

10,497

1

CREDITORS

Amounts falling due after more than one year

5

44,167

-

NET (LIABILITIES)/ASSETS

(33,670

)

1

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(33,671

)

-

SHAREHOLDERS' FUNDS

(33,670

)

1

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31 December 2020 in accordance with Section 444(2A) of the Companies Act 2006.

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 2021 and were signed by:

A J Carruthers - Director

1.	STATUTORY INFORMATION

Callow Capital 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.

Computer equipment

-

33% on cost

Government grants

Government grants are recognised under the accruals basis.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account.

Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Taxation

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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 (2019 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

Additions

966

At 31 December 2020

966

DEPRECIATION

Charge for period

161

At 31 December 2020

161

NET BOOK VALUE

At 31 December 2020

805

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

31.12.20

31.7.19

£

£

Repayable by instalments

Bank loans more 5 yr by instal

4,167

-

6.	RELATED PARTY DISCLOSURES

7.	GOING CONCERN

The company has retained losses at 31/12/2020 of £33,671. The company therefore relies upon the continuing support of its directors to maintain its going concern status into the foreseeable future.