Company Registration No. 11533239 (England and Wales)
CLARK PROPERTY SERVICES LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 OCTOBER 2023
4 Brackley Close
Bournemouth International Airport
Christchurch
Dorset
BH23 6SE
CLARK PROPERTY SERVICES LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
CLARK PROPERTY SERVICES LTD
BALANCE SHEET
AS AT 31 OCTOBER 2023
31 October 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
5,612
7,581
Current assets
Debtors
4
11,332
398
Cash at bank and in hand
19,357
6,240
30,689
6,638
Creditors: amounts falling due within one year
5
(33,345)
(24,916)
Net current liabilities
(2,656)
(18,278)
Total assets less current liabilities
2,956
(10,697)
Creditors: amounts falling due after more than one year
6
(5,250)
(8,250)
Provisions for liabilities
(1,231)
(1,402)
Net liabilities
(3,525)
(20,349)
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
(3,526)
(20,350)
Total equity
(3,525)
(20,349)

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

CLARK PROPERTY SERVICES LTD
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2023
31 October 2023
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 19 December 2023 and are signed on its behalf by:
Mr D Clark
Director
Company registration number 11533239 (England and Wales)
CLARK PROPERTY SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
- 3 -
1
Accounting policies
Company information

Clark Property Services Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 86 Rownhams Road, Bournemouth, Dorset, BH8 0NL.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% reducing balance
Computers
33% straight line
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

1.5
Financial instruments
Classification of financial liabilities

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 company after deducting all of its liabilities.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

Current tax is recognised on taxable profit for the current and, where not previously recognised, past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

CLARK PROPERTY SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2023
1
Accounting policies
(Continued)
- 4 -
Deferred tax

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
3
3
3
Tangible fixed assets
Plant and equipment
Computers
Motor vehicles
Total
£
£
£
£
Cost
At 1 November 2022 and 31 October 2023
1,360
458
13,958
15,776
Depreciation and impairment
At 1 November 2022
930
274
6,991
8,195
Depreciation charged in the year
108
119
1,742
1,969
At 31 October 2023
1,038
393
8,733
10,164
Carrying amount
At 31 October 2023
322
65
5,225
5,612
At 31 October 2022
430
184
6,967
7,581
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
10,792
-
0
Other debtors
540
398
11,332
398
CLARK PROPERTY SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2023
- 5 -
5
Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans
3,000
3,000
Taxation and social security
24,806
9,861
Other creditors
5,539
12,055
33,345
24,916
6
Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
5,250
8,250
2023-10-312022-11-01false19 December 2023CCH SoftwareCCH Accounts Production 2023.300No description of principal activityMr C ClarkMr D Clarkfalse115332392022-11-012023-10-31115332392023-10-31115332392022-10-3111533239core:PlantMachinery2023-10-3111533239core:ComputerEquipment2023-10-3111533239core:MotorVehicles2023-10-3111533239core:PlantMachinery2022-10-3111533239core:ComputerEquipment2022-10-3111533239core:MotorVehicles2022-10-3111533239core:CurrentFinancialInstrumentscore:WithinOneYear2023-10-3111533239core:CurrentFinancialInstrumentscore:WithinOneYear2022-10-3111533239core:Non-currentFinancialInstrumentscore:AfterOneYear2023-10-3111533239core:Non-currentFinancialInstrumentscore:AfterOneYear2022-10-3111533239core:CurrentFinancialInstruments2023-10-3111533239core:CurrentFinancialInstruments2022-10-3111533239core:ShareCapital2023-10-3111533239core:ShareCapital2022-10-3111533239core:RetainedEarningsAccumulatedLosses2023-10-3111533239core:RetainedEarningsAccumulatedLosses2022-10-3111533239bus:Director22022-11-012023-10-3111533239core:PlantMachinery2022-11-012023-10-3111533239core:ComputerEquipment2022-11-012023-10-3111533239core:MotorVehicles2022-11-012023-10-31115332392021-11-012022-10-3111533239core:PlantMachinery2022-10-3111533239core:ComputerEquipment2022-10-3111533239core:MotorVehicles2022-10-31115332392022-10-3111533239core:WithinOneYear2023-10-3111533239core:WithinOneYear2022-10-3111533239core:Non-currentFinancialInstruments2023-10-3111533239core:Non-currentFinancialInstruments2022-10-3111533239bus:PrivateLimitedCompanyLtd2022-11-012023-10-3111533239bus:SmallCompaniesRegimeForAccounts2022-11-012023-10-3111533239bus:FRS1022022-11-012023-10-3111533239bus:AuditExemptWithAccountantsReport2022-11-012023-10-3111533239bus:Director12022-11-012023-10-3111533239bus:FullAccounts2022-11-012023-10-31xbrli:purexbrli:sharesiso4217:GBP