REGISTERED NUMBER: 06804412 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2017

for

ACALLAM LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J Harper

REGISTERED OFFICE:

Third floor

126-134 Baker Street

London

W1U 6UE

REGISTERED NUMBER:

06804412 (England and Wales)

ACCOUNTANTS:

Butler & Co LLP

Chartered Accountants

Third Floor

126-134 Baker Street

London

W1U 6UE

FIXED ASSETS

Tangible assets

3

-

1,584

Investments

4

433,782

295,000

433,782

296,584

CURRENT ASSETS

Debtors

5

752

1,210

Investments

6

15,000

15,000

Cash at bank and in hand

2,337

10,828

18,089

27,038

CREDITORS

Amounts falling due within one year

7

245,934

135,331

NET CURRENT LIABILITIES

(227,845

)

(108,293

)

TOTAL ASSETS LESS CURRENT LIABILITIES

205,937

188,291

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

205,837

188,191

SHAREHOLDERS' FUNDS

205,937

188,291

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were authorised for issue by the director on 28 October 2017 and were signed by:

J Harper - Director

1.	STATUTORY INFORMATION

Acallam Ltd 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents share of profit received from fixed assets investments.

Tangible fixed assets

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

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

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.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 February 2016

and 31 January 2017

5,813

11,426

17,239

DEPRECIATION

At 1 February 2016

4,943

10,712

15,655

Charge for year

870

714

1,584

At 31 January 2017

5,813

11,426

17,239

NET BOOK VALUE

At 31 January 2017

-

-

-

At 31 January 2016

870

714

1,584

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 February 2016

295,000

Additions

138,782

At 31 January 2017

433,782

NET BOOK VALUE

At 31 January 2017

433,782

At 31 January 2016

295,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

504

504

Tax

182

-

VAT

66

706

752

1,210

6.	CURRENT ASSET INVESTMENTS

2017

2016

£

£

Unlisted investments

15,000

15,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

-

1,201

Tax

4,712

4,390

Directors' current accounts

237,409

128,427

Accrued expenses

3,813

1,313

245,934

135,331

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

An amount of £227,409 (2015 : £128,427) was owed to the director as at the balance sheet date.

9.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.