Kalyke Investment Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09501912 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 20 March 2015 to 31 March 2016

for

Kalyke Investment Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D S Amos

A G Garside

J R A Spooner

REGISTERED OFFICE:

2nd Floor

100 Wood Street

London

EC2V 7AN

REGISTERED NUMBER:

09501912 (England and Wales)

ACCOUNTANTS:

Piper Hulse Limited

14b High Street

Eccleshall

Stafford

Staffordshire

ST21 6BZ

CURRENT ASSETS

Cash at bank

4,232,998

CREDITORS

Amounts falling due within one year

5,442

NET CURRENT ASSETS

4,227,556

TOTAL ASSETS LESS CURRENT LIABILITIES

4,227,556

CREDITORS

Amounts falling due after more than one year

4,112,079

NET ASSETS

115,477

CAPITAL AND RESERVES

Called up share capital

2

4,715

Share premium

422,934

Profit and loss account

(312,172

)

SHAREHOLDERS' FUNDS

115,477

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 19 August 2016 and were signed on its behalf by:

J R A Spooner - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

240,000

Ordinary

0.01

2,400

227,272

Ordinary A

0.01

2,273

42,297,628

Ordinary B

0.000001

42

4,715

The following shares were allotted and fully paid for cash at par during the period:

240,000 Ordinary shares of 0.01 each

227,272 Ordinary A shares of 0.01 each

42,297,628 Ordinary B shares of 0.000001 each were allotted as fully paid at a premium of 9.9999p per share

during the period.

3.	LOAN NOTES

Included within creditors falling due after more than one year, the company has the following outstanding loan

notes;

£860,569 Baronsmead VCT plc

£860,569 Baronsmead Venture Trust plc

£860,569 Baronsmead Second Venture Trust plc

£860,569 Baronsmead VCT 4 plc

£382,475 Baronsmead VCT 5 plc

Fixed rate unsecured loan note. 6% interest per annum (calculated quarterly) rolled up until redemption.

Redemption premium of 8%.