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Registration number: 9996963

CLOS Commercial Ltd

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 March 2023

 

CLOS Commercial Ltd

Contents

Abridged Balance Sheet

1

Notes to the Unaudited Abridged Financial Statements

2

 

CLOS Commercial Ltd

(Registration number: 9996963)
Abridged Balance Sheet as at 31 March 2023

2023
£

2022
£

Creditors: Amounts falling due within one year

(2,147)

(2,147)

Capital and reserves

Called up share capital

1

1

Profit and loss account

(2,148)

(2,148)

Total equity

(2,147)

(2,147)

For the financial 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 of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the Company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 31 October 2023 and signed on its behalf by:
 

O S Mitchell

Director

 

CLOS Commercial Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
The Old Dairy
Ovington
Alresford
Hampshire
SO24 0RB

These financial statements were authorised for issue by the Board on 31 October 2023.

2

Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis. Of the company's liabilities at 31 March 2022, £2,147 is owed to connected companies, the directors of which have agreed not to demand repayment of this amount for at least one year after the date of the approval of these accounts to the extent that any such repayment would jeopardise the future of the company. The parent company and directors have agreed that they will continue to provide financial support for at least 12 months from the date of approval of these accounts.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2022 - 4).

4

Related party transactions

Summary of transactions with parent

Included within other creditors is a loan from Ovington Park Estates Ltd, the parent entity. At the balance sheet date, the company owed Ovington Park Estates Ltd £2,147 (2022 - £2,147).

No interest is charged and the balance is repayable on demand.

 

5

Parent and ultimate parent undertaking

The company's immediate parent is Ovington Park Estates Ltd, incorporated in England & Wales.