CALCULUS VCT PLC

1. CALCULUS VCT PLC 2015-10-22 → present
2. INVESTEC STRUCTURED PRODUCTS CALCULUS VCT PLC 2010-02-01 → 2015-10-22

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

MHA Audit Services LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In assessing the going concern basis of accounting, the Directors have had regard to the guidance issued by the Financial Reporting Council. After making enquiries, and having reviewed the portfolio, balance sheet and projected income and expenditure for a period of 12 months from the date these financial statements were approved, the Directors have a reasonable expectation that the Company has adequate resources to continue in operation for at least the next twelve months. Consideration is given to the cash balances and holdings in money market funds, together with the ability of the Company to realise its investments. The Directors have assessed whether material uncertainties exist and their potential impact on the Company's ability to continue as a going concern and conclude that no such material uncertainties exist. The Directors have therefore adopted a going concern basis in preparing the Financial Statements.”

Significant events

• “The Company exited Rota Geek in May 2025 at a profit, having first invested in 2020.”
• “On 5 June 2025, the Company invested a further £107k in Laverock Therapeutics.”
• “In June 2025, the Company made a £500k convertible loan note investment in Riff Raff Entertainment Limited.”
• “In July 2025 the Company invested a further £139k in Invizius Limited.”
• “In June 2025, the Company successfully bought back 1,272,463 shares for cancellation.”
• “A further 3,807,071 shares were issued on the 4 April 2025 at 57.19p.”
• “An additional allotment of 1,484,707 shares was carried out on 2 July 2025 at 57.55 pence.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

20

last 12 months

Capital events

12

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  -43.1%

  £1,124,000 → £640,000

• Net assets

  +17%

  £39,065,000 → £45,713,000

• Employees

  —

  Not reported

• Profit before tax

  +341.5%

  -£535,000 → £1,292,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers