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REGISTERED NUMBER: 05719942 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

CLIFTON PLASTERING LIMITED

CLIFTON PLASTERING LIMITED (REGISTERED NUMBER: 05719942)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CLIFTON PLASTERING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTOR: S M Clifton





SECRETARY: Tayler Bradshaw Limited





REGISTERED OFFICE: Unit 2 Manor Farm Fisheries
Great North Road
Lower Caldecote
Bedfordshire
SG18 9BB





REGISTERED NUMBER: 05719942 (England and Wales)





ACCOUNTANTS: Tayler Bradshaw
Cambridge House
16 High Street
Saffron Walden
Essex
CB10 1AX

CLIFTON PLASTERING LIMITED (REGISTERED NUMBER: 05719942)

BALANCE SHEET
30 SEPTEMBER 2023

30/9/23 30/9/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 159,106 166,418

CURRENT ASSETS
Stocks 29,200 71,560
Debtors 5 519,467 1,190,234
Cash at bank 592,762 175,177
1,141,429 1,436,971
CREDITORS
Amounts falling due within one year 6 430,428 777,393
NET CURRENT ASSETS 711,001 659,578
TOTAL ASSETS LESS CURRENT LIABILITIES 870,107 825,996

CREDITORS
Amounts falling due after more than one
year

7

(29,238

)

(38,726

)

PROVISIONS FOR LIABILITIES (39,776 ) (31,619 )
NET ASSETS 801,093 755,651

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 800,993 755,551
SHAREHOLDERS' FUNDS 801,093 755,651

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 PLASTERING LIMITED (REGISTERED NUMBER: 05719942)

BALANCE SHEET - continued
30 SEPTEMBER 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 November 2023 and were signed by:





S M Clifton - Director


CLIFTON PLASTERING LIMITED (REGISTERED NUMBER: 05719942)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

Clifton Plastering Limited 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

CLIFTON PLASTERING LIMITED (REGISTERED NUMBER: 05719942)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022 299,011
Additions 58,701
Disposals (41,553 )
Reclassification/transfer 1
At 30 September 2023 316,160
DEPRECIATION
At 1 October 2022 132,593
Charge for year 45,124
Eliminated on disposal (20,663 )
At 30 September 2023 157,054
NET BOOK VALUE
At 30 September 2023 159,106
At 30 September 2022 166,418

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 October 2022 97,858
Reclassification/transfer (17,550 )
At 30 September 2023 80,308
DEPRECIATION
At 1 October 2022 30,886
Charge for year 15,355
Reclassification/transfer (11,998 )
At 30 September 2023 34,243
NET BOOK VALUE
At 30 September 2023 46,065
At 30 September 2022 66,972

CLIFTON PLASTERING LIMITED (REGISTERED NUMBER: 05719942)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/23 30/9/22
£    £   
Trade debtors 49,125 321,149
Other debtors 470,342 869,085
519,467 1,190,234

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/23 30/9/22
£    £   
Hire purchase contracts 9,488 11,645
Trade creditors 313,212 456,719
Taxation and social security 104,005 106,251
Other creditors 3,723 202,778
430,428 777,393

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30/9/23 30/9/22
£    £   
Hire purchase contracts 29,238 38,726

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S M Clifton.

The company is under the ultimate control of Mr S Clifton by virtue of his controlling shareholding in the company.