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

REGISTERED NUMBER: 10879892 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 July 2022

for

Calbrist Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C N Kemsley

R J Verdin

C M Standish-White

REGISTERED OFFICE:

Station House

Station Road

Barnes

London

SW13 0HT

REGISTERED NUMBER:

10879892 (England and Wales)

ACCOUNTANTS:

R A Leslie & Co. LLP

Chartered Accountants

Gowran House

56 Broad Street

Chipping Sodbury

Bristol

BS37 6AG

FIXED ASSETS

Investments

4

-

618,506

CURRENT ASSETS

Debtors

5

169,686

317,575

Cash at bank

-

10,509

169,686

328,084

CREDITORS

Amounts falling due within one year

6

169,680

946,584

NET CURRENT ASSETS/(LIABILITIES)

6

(618,500

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6

6

CAPITAL AND RESERVES

Called up share capital

6

6

SHAREHOLDERS' FUNDS

6

6

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

The members have not required the company to obtain an audit of its financial statements for the year ended 28 July 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 17 March 2023 and were signed on its behalf by:

C M Standish-White - Director

1.	STATUTORY INFORMATION

Calbrist 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 3 ) .

4.	FIXED ASSET INVESTMENTS

Other

loans

£

At 29 July 2021

618,506

Repayment in year

(618,506

)

At 28 July 2022

-

The loans are secured by a first legal charge over the land and property known as Ferodo House, Willway Street, Bedminster, Bristol, BS3 4BG which were partly repaid on 17 December 2021, with fees charged at 15%, increasing to 18%, as well as additional charges, then further increased to 30% from 1 May 2021 onwards.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.7.22

28.7.21

£

£

Facility fees receivable

169,680

317,569

Unpaid share capital

6

6

169,686

317,575

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.7.22

28.7.21

£

£

Other creditors

-

15

Participation fees payable

-

197,299

Management fees payable

169,680

190,270

Loans payable

-

559,000

169,680

946,584

The loans were repaid in full on 17 December 2021. Fees were charged at a rate of 9% per annum of the loan capital balance, as well as additional charges.