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REGISTERED NUMBER: 10631369 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2022

for

Clandon Developments Limited

Clandon Developments Limited (Registered number: 10631369)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Clandon Developments Limited

Company Information
for the Year Ended 31 March 2022







DIRECTORS: P A Walker-Duncalf
Mrs S Walker-Duncalf





REGISTERED OFFICE: 3 The Mews
Eastwood Road
Bramley
Surrey
GU5 0FB





REGISTERED NUMBER: 10631369 (England and Wales)





ACCOUNTANTS: Bostockwhite Limited
Cabourn House
Station Street
Bingham
Nottinghamshire
NG13 8AQ

Clandon Developments Limited (Registered number: 10631369)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £   
CURRENT ASSETS
Stocks 911,796 910,886
Debtors 4 84,063 90,000
Cash at bank 807 25,027
996,666 1,025,913
CREDITORS
Amounts falling due within one year 5 995,861 1,005,556
NET CURRENT ASSETS 805 20,357
TOTAL ASSETS LESS CURRENT
LIABILITIES

805

20,357

CREDITORS
Amounts falling due after more than one year 6 200,000 200,000
NET LIABILITIES (199,195 ) (179,643 )

CAPITAL AND RESERVES
Called up share capital 7 10 10
Retained earnings (199,205 ) (179,653 )
SHAREHOLDERS' FUNDS (199,195 ) (179,643 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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.

Clandon Developments Limited (Registered number: 10631369)

Balance Sheet - continued
31 March 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 6 September 2022 and were signed on its behalf by:





P A Walker-Duncalf - Director


Clandon Developments Limited (Registered number: 10631369)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

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

Although the balance sheet is insolvent, these financial statements have been prepared on the going concern basis. The directors will continue to support the Company personally and have no intention of liquidating the company within 12 months of the reporting date. For this reason, the directors believe there are no material uncertainties that lead to significant doubt upon the Company's ability to continue as a going concern.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Directly attributable financing costs are included within the work in progress valuation.

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. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Other debtors 84,063 90,000

Clandon Developments Limited (Registered number: 10631369)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Taxation and social security 3,200 9,000
Other creditors 992,661 996,556
995,861 1,005,556

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.22 31.3.21
£    £   
Other creditors 200,000 200,000

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.22 31.3.21
value: £    £   
10 Ordinary 10 10 10

8. RELATED PARTY DISCLOSURES

Other debtors includes an intercompany account balance of £81,000 (2021: £81,000) with another limited company that is associated by virtue of sharing directors and shareholders. The balance is interest free and repayable on demand.