1 Call Direct Limited - Accounts to registrar (filleted) - small 18.2

1 Call Direct Limited - Accounts to registrar (filleted) - small 18.2

1CALL DIRECT LIMITED - Company Information

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IRIS Accounts Production v21.3.0.583 SC250469 director 1.11.19 31.10.20 31.10.20 true false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC2504692019-10-31SC2504692020-10-31SC2504692019-11-012020-10-31SC2504692018-10-31SC2504692018-11-012019-10-31SC2504692019-10-31SC250469ns16:Scotland2019-11-012020-10-31SC250469ns15:PoundSterling2019-11-012020-10-31SC250469ns11:Director12019-11-012020-10-31SC250469ns11:PrivateLimitedCompanyLtd2019-11-012020-10-31SC250469ns11:SmallEntities2019-11-012020-10-31SC250469ns11:AuditExempt-NoAccountantsReport2019-11-012020-10-31SC250469ns11:SmallCompaniesRegimeForAccounts2019-11-012020-10-31SC250469ns11:FullAccounts2019-11-012020-10-31SC25046912019-11-012020-10-31SC250469ns11:CompanySecretary12019-11-012020-10-31SC250469ns11:RegisteredOffice2019-11-012020-10-31SC250469ns6:CurrentFinancialInstruments2020-10-31SC250469ns6:CurrentFinancialInstruments2019-10-31SC250469ns6:ShareCapital2020-10-31SC250469ns6:ShareCapital2019-10-31SC250469ns6:SharePremium2020-10-31SC250469ns6:SharePremium2019-10-31SC250469ns6:CapitalRedemptionReserve2020-10-31SC250469ns6:CapitalRedemptionReserve2019-10-31SC250469ns6:RetainedEarningsAccumulatedLosses2020-10-31SC250469ns6:RetainedEarningsAccumulatedLosses2019-10-31SC250469ns6:NetGoodwill2019-10-31SC250469ns6:NetGoodwill2020-10-31SC250469ns6:NetGoodwill2019-10-31SC250469ns6:PlantMachinery2019-10-31SC250469ns6:PlantMachinery2019-11-012020-10-31SC250469ns6:PlantMachinery2020-10-31SC250469ns6:PlantMachinery2019-10-31SC250469ns6:CostValuation2019-10-31SC250469ns6:CurrentFinancialInstrumentsns6:WithinOneYear2020-10-31SC250469ns6:CurrentFinancialInstrumentsns6:WithinOneYear2019-10-31
REGISTERED NUMBER: SC250469 (Scotland)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2020

FOR

1 CALL DIRECT LIMITED
1 CALL DIRECT LIMITED (REGISTERED NUMBER: SC250469)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2020




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


1 CALL DIRECT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2020







DIRECTOR: P S Jones





SECRETARY: P S Jones





REGISTERED OFFICE: Aspect Court
116 West Regent Street
Glasgow
G2 2QD





REGISTERED NUMBER: SC250469 (Scotland)





ACCOUNTANTS: Cornerstone Accountants
6th Floor
Gordon Chambers
90 Mitchell Street
Glasgow
Lanarkshire
G1 3NQ
Page 1
1 CALL DIRECT LIMITED (REGISTERED NUMBER: SC250469)

BALANCE SHEET
31 OCTOBER 2020

2020 2019
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 120,965 160,780
Investments 6 1 1
120,967 160,782

CURRENT ASSETS
Stocks 495 3,495
Debtors 7 1,450,470 1,953,956
Cash at bank 733,367 410,852
2,184,332 2,368,303
CREDITORS
Amounts falling due within one year 8 1,215,701 1,480,697
NET CURRENT ASSETS 968,631 887,606
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,089,598
1,048,388

PROVISIONS FOR LIABILITIES 20,254 24,877
NET ASSETS 1,069,344 1,023,511

CAPITAL AND RESERVES
Called up share capital 96 96
Share premium 74,897 74,897
Capital redemption reserve 9 9
Retained earnings 994,342 948,509
SHAREHOLDERS' FUNDS 1,069,344 1,023,511

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

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

The director acknowledges his 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 notes form part of these financial statements

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1 CALL DIRECT LIMITED (REGISTERED NUMBER: SC250469)

BALANCE SHEET - continued
31 OCTOBER 2020


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 Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the director and authorised for issue on 18 October 2021 and were signed by:





P S Jones - Director


The notes form part of these financial statements

Page 3
1 CALL DIRECT LIMITED (REGISTERED NUMBER: SC250469)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2020

1. STATUTORY INFORMATION

1 Call Direct Limited is a private company, limited by shares , registered in Scotland. 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" ("FRS 102") and the requirements of the Companies Act 2006.

The financial statements have been prepared under the historical cost convention. The principal accounting policies are set out below.

Turnover
Revenue is recognised when the company attains performance levels, as set out in its customer contracts, and is stated exclusive of value added tax.

Tangible fixed assets
Tangible assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses, which commences from the date economic benefit is deemed to be obtained.

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

Improvements to property- 10% on a straight line basis
Plant and machinery- 20% on a reducing balance basis
Fixtures and fittings- 20% on a reducing balance basis
Motor vehicles- 25% on a reducing balance basis
Computer equipment- 20% on a straight line basis

Taxation
Taxation for the year comprises current and deferred tax. 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 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.

Taxation
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 149 (2019 - 198 ) .

Page 4 continued...
1 CALL DIRECT LIMITED (REGISTERED NUMBER: SC250469)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2020

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2019
and 31 October 2020 132,500
AMORTISATION
At 1 November 2019
and 31 October 2020 132,499
NET BOOK VALUE
At 31 October 2020 1
At 31 October 2019 1

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2019 584,959
Additions 2,917
At 31 October 2020 587,876
DEPRECIATION
At 1 November 2019 424,179
Charge for year 42,732
At 31 October 2020 466,911
NET BOOK VALUE
At 31 October 2020 120,965
At 31 October 2019 160,780

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 November 2019
and 31 October 2020 1
NET BOOK VALUE
At 31 October 2020 1
At 31 October 2019 1

Page 5 continued...
1 CALL DIRECT LIMITED (REGISTERED NUMBER: SC250469)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2020

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Trade debtors 250,079 33,545
Other debtors 1,200,391 1,920,411
1,450,470 1,953,956

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Trade creditors 236,722 126,111
Taxation and social security 754,152 478,823
Other creditors 224,827 875,763
1,215,701 1,480,697

9. SECURED DEBTS

The bank facility is secured by a bond a floating charge over the assets of the company.

10. ULTIMATE CONTROLLING PARTY

The controlling party is P S Jones.

Page 6