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REGISTERED NUMBER: 08371655 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Claverton Associates Ltd

Claverton Associates Ltd (Registered number: 08371655)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Claverton Associates Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTOR: J M Mackintosh





REGISTERED OFFICE: Barn Cottage
Claverton
Bath
Somerset
BA2 7BG





REGISTERED NUMBER: 08371655 (England and Wales)





ACCOUNTANTS: Moore
Chartered Accountants
30 Gay Street
Bath
BA1 2PA

Claverton Associates Ltd (Registered number: 08371655)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,665 4,887

CURRENT ASSETS
Debtors 5 50,586 45,667
Investments 6 42,763 42,763
Cash at bank 67,129 92,536
160,478 180,966
CREDITORS
Amounts falling due within one year 7 22,954 29,625
NET CURRENT ASSETS 137,524 151,341
TOTAL ASSETS LESS CURRENT
LIABILITIES

141,189

156,228

CAPITAL AND RESERVES
Called up share capital 8 6 6
Retained earnings 141,183 156,222
SHAREHOLDERS' FUNDS 141,189 156,228

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

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

Claverton Associates Ltd (Registered number: 08371655)

Balance Sheet - continued
31 March 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 20 October 2023 and were signed by:





J M Mackintosh - Director


Claverton Associates Ltd (Registered number: 08371655)

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

1. STATUTORY INFORMATION

Claverton 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.
Motor vehicles - 25% 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Claverton Associates Ltd (Registered number: 08371655)

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

2. ACCOUNTING POLICIES - continued

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 April 2022
and 31 March 2023 11,583
DEPRECIATION
At 1 April 2022 6,696
Charge for year 1,222
At 31 March 2023 7,918
NET BOOK VALUE
At 31 March 2023 3,665
At 31 March 2022 4,887

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 47,640 43,115
Other debtors 2,946 2,552
50,586 45,667

Claverton Associates Ltd (Registered number: 08371655)

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

6. CURRENT ASSET INVESTMENTS
31.3.23 31.3.22
£    £   
Investments 42,763 42,763

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 1,200 -
Taxation and social security 20,821 28,689
Other creditors 933 936
22,954 29,625

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
10 A £1 2 2
2 B £1 4 4
6 6

The following shares were issued during the year for cash at par :

6 A shares of £1

9. RELATED PARTY DISCLOSURES

Included in creditors is £286 (2022 - £286) owed to the director, J M Mackintosh. This balance is unsecured, interest free and there is no set date for repayment.