Callidis Solution Design Limited - Period Ending 2017-08-31

Registration number: 05535494

Callidis Solution Design Limited

Information for Filing with The Registrar

31 August 2017

Callidis Solution Design Limited

(Registration number: 05535494)

Balance Sheet

31 August 2017

	Note	2017 £	2016 £
Fixed assets
Tangible assets	4	-	1,066
Current assets
Debtors	5	-	288
Cash at bank and in hand		3,771	4,854
		3,771	5,142
Creditors: Amounts falling due within one year	6	(1,118)	(1,561)
NET CURRENT ASSETS		2,653	3,581
		2,653	4,647
Capital and reserves
Called up share capital		300	300
Profit and loss account		2,353	4,347
TOTAL EQUITY		2,653	4,647

For the financial year ending 31 August 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

As permitted by section 444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's Profit and Loss Account.

Approved and authorised by the Board on 11 December 2017 and signed on its behalf by:

J.P. Gregory

Director

The notes on pages 2 to 4 form an integral part of these financial statements.

Page 1

Callidis Solution Design Limited

Notes to the Accounts

Year Ended 31 August 2017

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
20 Kirkgate
Sherburn in Elmet
Leeds
LS25 6BL

These financial statements were authorised for issue by the Board on 11 December 2017.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	3 years straight line basis

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Page 2

Callidis Solution Design Limited

Notes to the Accounts

Year Ended 31 August 2017

3	Staff numbers

The average number of persons employed by the company during the year, was 0 (2016 - 0).

4	Tangible assets

	Fixtures and fittings £	Total £
Cost or valuation
At 1 September 2016	27,416	27,416
At 31 August 2017	27,416	27,416
Depreciation
At 1 September 2016	26,350	26,350
Charge for the year	1,066	1,066
At 31 August 2017	27,416	27,416
Carrying amount
At 31 August 2017	-	-
At 31 August 2016	1,066	1,066

5

Debtors

	2017 £	2016 £
Other debtors	-	288
	-	288

Page 3

Callidis Solution Design Limited

Notes to the Accounts

Year Ended 31 August 2017

6

Creditors

		2017 £	2016 £
Due within one year
Amounts due to related parties		219	120
Other creditors		899	1,441
		1,118	1,561

7	Share capital

Allotted, called up and fully paid shares

	2017		2016
	No.	£	No.	£
Ordinary Class 'A' shares of £1 each	170	170	170	170
Ordinary Class 'B' shares of £1 each	100	100	100	100
Ordinary Class 'C' shares of £1 each	30	30	30	30
	300	300	300	300

8	Transition to FRS 102

No adjustment was required to the results to the year ended 31 August 2016, as reported, by adopting FRS 102 Section 1A.

Page 4