Calmez Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 05751329 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2022

for

Calmez Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R J Verdin

C N Kemsley

C M Standish-White

SECRETARY:

C M Standish-White

REGISTERED OFFICE:

Main Office

Station House

Station Road, Barnes

London

SW13 0HT

REGISTERED NUMBER:

05751329 (England and Wales)

ACCOUNTANTS:

R A Leslie & Co. LLP

Chartered Accountants

Gowran House

56 Broad Street

Chipping Sodbury

Bristol

BS37 6AG

FIXED ASSETS

Tangible assets

4

5,485

7,313

CURRENT ASSETS

Debtors

5

2,838,633

2,488,439

Cash at bank and in hand

27,132

492,250

2,865,765

2,980,689

CREDITORS

Amounts falling due within one year

6

1,092,067

1,120,192

NET CURRENT ASSETS

1,773,698

1,860,497

TOTAL ASSETS LESS CURRENT LIABILITIES

1,779,183

1,867,810

PROVISIONS FOR LIABILITIES

1,000

1,400

NET ASSETS

1,778,183

1,866,410

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,778,083

1,866,310

SHAREHOLDERS' FUNDS

1,778,183

1,866,410

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2022 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 January 2023 and were signed on its behalf by:

C N Kemsley - Director

1.	STATUTORY INFORMATION

Calmez Limited 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 represents amounts receivable for funding services.

Tangible fixed assets

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

Equipment, fixtures & fittings

-

25% on reducing balance

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.

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 3 (2021 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Equipment,

fixtures

& fittings

£

COST

At 1 March 2021

and 28 February 2022

21,273

DEPRECIATION

At 1 March 2021

13,960

Charge for year

1,828

At 28 February 2022

15,788

NET BOOK VALUE

At 28 February 2022

5,485

At 28 February 2021

7,313

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.22

28.2.21

£

£

Debtors and accrued income

2,026,487

2,442,800

Associated company debtors

750,407

-

Corporation tax repayable

61,739

45,639

2,838,633

2,488,439

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.22

28.2.21

£

£

Trade creditors

-

1,469

Other creditors and accruals

1,092,067

1,118,723

1,092,067

1,120,192