Company Registration No. 05701095 (England and Wales)
Clarkes of Melton Ltd
Unaudited accounts
for the year ended 31 March 2023
Clarkes of Melton Ltd
Unaudited accounts
Contents
Clarkes of Melton Ltd
Company Information
for the year ended 31 March 2023
Directors
Philip Clarke
Susan Clarke
Company Number
05701095 (England and Wales)
Registered Office
The Woodlands,
Valley Farm Road,
Melton, Woodbridge
IP12 1LL
Accountants
Teresa Newman
42 Avocet Lane
Martlesham Heath
Ipswich
IP5 3SE
Clarkes of Melton Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
1,139,274
1,191,233
Cash at bank and in hand
1,125,402
1,163,855
Creditors: amounts falling due within one year
(411,982)
(331,278)
Net current assets
1,163,008
1,432,666
Net assets
2,302,282
2,623,899
Called up share capital
100
100
Profit and loss account
2,302,182
2,623,799
Shareholders' funds
2,302,282
2,623,899
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 October 2023 and were signed on its behalf by
Philip Clarke
Director
Company Registration No. 05701095
Clarkes of Melton Ltd
Notes to the Accounts
for the year ended 31 March 2023
Clarkes of Melton Ltd is a private company, limited by shares, registered in England and Wales, registration number 05701095. The registered office is The Woodlands,, Valley Farm Road,, Melton, Woodbridge, IP12 1LL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Other tangible fixed assets
20%
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2022
808,907
736,514
600,067
102,101
34,971
2,282,560
Additions
-
73,296
92,641
-
4,029
169,966
Disposals
-
(16,750)
(156,286)
-
(23,698)
(196,734)
At 31 March 2023
808,907
793,060
536,422
102,101
15,302
2,255,792
At 1 April 2022
-
550,042
431,173
78,210
31,902
1,091,327
Charge for the year
-
109,121
84,853
5,050
4,401
203,425
On disposals
-
(9,426)
(145,110)
-
(23,698)
(178,234)
At 31 March 2023
-
649,737
370,916
83,260
12,605
1,116,518
At 31 March 2023
808,907
143,323
165,506
18,841
2,697
1,139,274
At 31 March 2022
808,907
186,472
168,894
23,891
3,069
1,191,233
Clarkes of Melton Ltd
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
449,588
599,194
Accrued income and prepayments
-
645
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
90,173
71,438
Taxes and social security
219,780
164,770
Other creditors
2,113
2,581
Loans from directors
1,926
-
7
Average number of employees
During the year the average number of employees was 12 (2022: 12).