Callidus Group Limited
Callidus Group Limited
Registered number: 9939232
Unaudited Financial Statements
For The Year Ended 31 December 2017
Tony R Pomfret & Associates
37a High Street
Hoddesdon
Herts
EN11 8TA
Callidus Group Limited
Unaudited Financial Statements
For The Year Ended 31 December 2017
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—5 |
Callidus Group Limited
Balance Sheet
As at
31 December 2017
Balance Sheet
Registered number:
9939232
For the year ending 31 December 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Investments | 7 |
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| CURRENT ASSETS | |||||
| Debtors | 8 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 9 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 11 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 48,211 | 7,758 | |||
Page 1
Callidus Group Limited
Balance Sheet (continued)
As at
31 December 2017
Director's responsibilities
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The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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The notes on pages 3 to 5 form part of these financial statements.
Page 2
Callidus Group Limited
Notes to the Unaudited Accounts
For The Year Ended 31 December 2017
Notes to the Unaudited Accounts
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3.
Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
1.4.
Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
4.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
| 2017 | 2016 | ||
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| Office and administration |
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| Sales, marketing and distribution |
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Page 3
Callidus Group Limited
Notes to the Unaudited Accounts (continued)
For The Year Ended 31 December 2017
7.
Investments
| Unlisted | |
|---|---|
| £ | |
| Cost | |
| As at |
99 |
| Additions | 82 |
| As at |
181 |
| Provision | |
| As at |
- |
| As at |
- |
| Net Book Value | |
| As at |
181 |
| As at |
99 |
8.
Debtors
| 2017 | 2016 | ||
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| £ | £ | ||
| Due within one year | |||
| Other debtors |
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| Director's loan account | 39,820 | - | |
| Amounts owed by group undertakings |
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9.
Creditors: Amounts Falling Due Within One Year
| 2017 | 2016 | ||
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| £ | £ | ||
| Trade creditors |
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| Corporation tax |
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| Other taxes and social security |
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| VAT |
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| Other creditors |
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| Accruals and deferred income |
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| Director's loan account | - |
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| Amounts owed to group undertakings |
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Page 4
Callidus Group Limited
Notes to the Unaudited Accounts (continued)
For The Year Ended 31 December 2017
10.
Deferred Taxation
| 2017 | 2016 | ||
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| £ | £ | ||
| Deferred taxation |
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| Deferred tax |
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The provision for deferred taxation is made up of accelerated capital allowances
12.
Ultimate Controlling Party
The company's ultimate controlling party is Mr M L Glover by virtue of his ownership of 100% of the issued share capital in the company.
13.
General Information
Callidus Group Limited Registered number 9939232 is a limited by shares company incorporated in England & Wales. The Registered Office is 150 Minories, London , EC3N 1LS.
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