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REGISTERED NUMBER: 07492688 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

Clifton Park Associates Ltd

Clifton Park Associates Ltd (Registered number: 07492688)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Clifton Park Associates Ltd

Company Information
for the Year Ended 31 January 2023







DIRECTOR: G Hall





REGISTERED OFFICE: Hall Floor Flat
27 Canynge Square
Clifton
Bristol
BS8 3LB





REGISTERED NUMBER: 07492688 (England and Wales)





ACCOUNTANTS: Norton Accountancy Ltd
7 Soundwell Road
Staple Hill
Bristol
BS16 4QG

Clifton Park Associates Ltd (Registered number: 07492688)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 751 939

CURRENT ASSETS
Debtors 5 45,748 65,757
Cash at bank 585 42,063
46,333 107,820
CREDITORS
Amounts falling due within one year 6 30,300 72,362
NET CURRENT ASSETS 16,033 35,458
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,784

36,397

CREDITORS
Amounts falling due after more than one
year

7

16,360

-
NET ASSETS 424 36,397

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 414 36,387
SHAREHOLDERS' FUNDS 424 36,397

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

Clifton Park Associates Ltd (Registered number: 07492688)

Balance Sheet - continued
31 January 2023


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 director and authorised for issue on 27 October 2023 and were signed by:





G Hall - Director


Clifton Park Associates Ltd (Registered number: 07492688)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Clifton Park Associates 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 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Clifton Park Associates Ltd (Registered number: 07492688)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022
and 31 January 2023 4,821
DEPRECIATION
At 1 February 2022 3,882
Charge for year 188
At 31 January 2023 4,070
NET BOOK VALUE
At 31 January 2023 751
At 31 January 2022 939

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Other debtors 45,748 65,757

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans and overdrafts 23,295 -
Trade creditors (1 ) -
Taxation and social security 5,788 38,451
Other creditors 1,218 33,911
30,300 72,362

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.23 31.1.22
£    £   
Bank loans 16,360 -

Clifton Park Associates Ltd (Registered number: 07492688)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2023 and 31 January 2022:

31.1.23 31.1.22
£    £   
G Hall
Balance outstanding at start of year 65,757 17,187
Amounts advanced 45,748 65,757
Amounts repaid (65,757 ) (17,187 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 45,748 65,757