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REGISTERED NUMBER: 00780708











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

CLEGG AND BROOKING LIMITED

CLEGG AND BROOKING LIMITED (REGISTERED NUMBER: 00780708)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CLEGG AND BROOKING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: Mr J P Cook
Mrs J A Cook
Mr K R Brooking





SECRETARY: Mrs J A Cook





REGISTERED OFFICE: White Horse Service Station
Middle Wallop
Stockbridge
Hampshire
SO20 8DZ





REGISTERED NUMBER: 00780708





ACCOUNTANTS: Hysons
Chartered Accountants
14 London Street
Andover
Hampshire
SP10 2PA

CLEGG AND BROOKING LIMITED (REGISTERED NUMBER: 00780708)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,413,382 1,506,059
Investments 5 2,100 2,100
1,415,482 1,508,159

CURRENT ASSETS
Stocks 1,321 1,644
Debtors 6 18,205 835
Cash at bank 40,185 31,225
59,711 33,704
CREDITORS
Amounts falling due within one year 7 584,153 539,010
NET CURRENT LIABILITIES (524,442 ) (505,306 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

891,040

1,002,853

CREDITORS
Amounts falling due after more than
one year

8

(427,000

)

(487,000

)

PROVISIONS FOR LIABILITIES (55,788 ) (69,558 )
NET ASSETS 408,252 446,295

CLEGG AND BROOKING LIMITED (REGISTERED NUMBER: 00780708)

BALANCE SHEET - continued
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Revaluation reserve 10 210,133 210,133
Retained earnings 196,119 234,162
408,252 446,295

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 29 November 2023 and were signed on its behalf by:




Mr K R Brooking - Director



Mrs J A Cook - Director


CLEGG AND BROOKING LIMITED (REGISTERED NUMBER: 00780708)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

Clegg And Brooking Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Preparation of consolidated financial statements
The financial statements contain information about Clegg And Brooking Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.
Improvements to property - 2% on cost
Plant and machinery - 20% on reducing balance
Motor vehicles - 10% on cost
Office and computer equipment - at varying rates on cost

Property is depreciated at 2% of the deemed cost amount.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.


CLEGG AND BROOKING LIMITED (REGISTERED NUMBER: 00780708)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

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

CLEGG AND BROOKING LIMITED (REGISTERED NUMBER: 00780708)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 March 2022 628,062 1,049,231 116,108
Additions - 5,639 -
Disposals - - -
At 28 February 2023 628,062 1,054,870 116,108
DEPRECIATION
At 1 March 2022 94,721 158,691 97,845
Charge for year 9,562 21,097 3,742
Eliminated on disposal - - -
At 28 February 2023 104,283 179,788 101,587
NET BOOK VALUE
At 28 February 2023 523,779 875,082 14,521
At 28 February 2022 533,341 890,540 18,263

Office
and
Motor computer
vehicles equipment Totals
£    £    £   
COST
At 1 March 2022 429,900 8,853 2,232,154
Additions - - 5,639
Disposals (429,900 ) - (429,900 )
At 28 February 2023 - 8,853 1,807,893
DEPRECIATION
At 1 March 2022 365,993 8,845 726,095
Charge for year - 8 34,409
Eliminated on disposal (365,993 ) - (365,993 )
At 28 February 2023 - 8,853 394,511
NET BOOK VALUE
At 28 February 2023 - - 1,413,382
At 28 February 2022 63,907 8 1,506,059

CLEGG AND BROOKING LIMITED (REGISTERED NUMBER: 00780708)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

4. TANGIBLE FIXED ASSETS - continued

Included in cost of land and buildings is freehold land of £150,000 (2022 - £150,000) which is not depreciated.

All the property owned by the company is freehold property.

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 March 2022
and 28 February 2023 2,100
NET BOOK VALUE
At 28 February 2023 2,100
At 28 February 2022 2,100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors - 835
Prepayments 18,205 -
18,205 835

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 91,649 98,482
Other loans - 25,001
Trade creditors 1,020 3,772
Amounts owed to group undertakings 451,831 378,058
Tax 13,052 -
Social security and other taxes - 1,076
VAT 4,196 4,175
Other creditors 5,365 2,406
Directors' current accounts 5,919 6,506
Deferred income 10,000 10,000
Accrued expenses 1,121 9,534
584,153 539,010

CLEGG AND BROOKING LIMITED (REGISTERED NUMBER: 00780708)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans - 1-2 years 50,000 50,000
Bank loans - 2-5 years 377,000 427,000
Deferred income - 10,000
427,000 487,000

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank overdrafts 41,649 48,482
Bank loans 477,000 527,000
518,649 575,482

The bank overdraft and bank loan is secured by a fixed and floating charge over the undertakings of this company and a related party company including all property and assets present and future.

Net obligations under finance leases and hire purchase contracts are secured on the assets acquired.

10. RESERVES
Revaluation
reserve
£   
At 1 March 2022
and 28 February 2023 210,133

11. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.