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Company Registration No. 11308740 (England and Wales)
Clarus Homes (Bethersden) Limited Unaudited accounts for the year ended 31 December 2022
Clarus Homes (Bethersden) Limited Unaudited accounts Contents
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Clarus Homes (Bethersden) Limited Company Information for the year ended 31 December 2022
Directors
Christopher Dickens Robert Rexton
Company Number
11308740 (England and Wales)
Registered Office
Suite 5 & 6 The Thorne Business Park Bethersden, Ashford Kent TN26 3AF United Kingdom
Accountants
Southern Accounting Limited 24 Halden Field Rolvenden Cranbrook Kent TN17 4BX
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Clarus Homes (Bethersden) Limited Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Current assets
Debtors
72,565 
169,930 
Cash at bank and in hand
1 
- 
72,566 
169,930 
Creditors: amounts falling due within one year
(73,719)
(165,016)
Net current (liabilities)/assets
(1,153)
4,914 
Net (liabilities)/assets
(1,153)
4,914 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(1,155)
4,912 
Shareholders' funds
(1,153)
4,914 
For the year ending 31 December 2022 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 29 September 2023 and were signed on its behalf by
Christopher Dickens Director Company Registration No. 11308740
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Clarus Homes (Bethersden) Limited Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
Clarus Homes (Bethersden) Limited is a private company, limited by shares, registered in England and Wales, registration number 11308740. The registered office is Suite 5 & 6, The Thorne Business Park, Bethersden, Ashford, Kent, TN26 3AF, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Inventories
Inventory is comprised of work in progress. Work in progress is made up of the cost of the land being built on, direct materials, labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. Inventories are stated at the lower of cost and net realisable value (NRV), NRV being the estimated net selling price less costs to sell and estimated total costs of completion based on management's forecast.
Revenue Recognition
Revenue is recognised in the income statement when the significant risks and rewards of ownership have transferred to the purchaser, which is when legal title is transferred.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
VAT
- 
59 
Amounts due from group undertakings etc.
71,749 
151,055 
Other debtors
816 
18,816 
72,565 
169,930 
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Clarus Homes (Bethersden) Limited Notes to the Accounts for the year ended 31 December 2022
5
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
- 
345 
Taxes and social security
70,662 
66,635 
Other creditors
3,057 
1,327 
Accruals
- 
96,709 
73,719 
165,016 
6
Transactions with related parties
As at the balance sheet, the company had an outstanding loan owed from a 50% shareholder of £52,243 (2021: £480,270). This loan is interest free and repayable upon demand. As at the balance sheet, the company had an outstanding loan owed from a 50% shareholder of £19,506 (2021: £70,787). This loan is interest free and repayable upon demand. As at the balance sheet, the company had an outstanding loan to Clarus Homes (Godinton Road) Ltd of £2,657 (2021: £1,327), a company owned and controlled by director, Mr C Dickens. The loan is interest free and repayable upon demand. As at the balance sheet, the company had an outstanding loan to Clarus Homes (Great Chart) Ltd of £400 (2021: £0), a company owned and controlled by directors, Mr C Dickens & Mr R Rexton. The loan is interest free and repayable upon demand.
7
Controlling party
Clarus Solutions Limited Suite 5&6, The Thorne Business Park, Bethersden, Ashford, Kent. TN26 3AF Rexton Investments Limited 2 Crossways Business Centre, Bicester Road, Kingswood, Aylesbury, Buckinghamshire. HP18 0RA
8
Average number of employees
During the year the average number of employees was 2 (2021: 2).
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