Company Registration No. 12767202 (England and Wales)
Cliff Lewis Ltd
Unaudited accounts
for the year ended 30 July 2023
Cliff Lewis Ltd
Unaudited accounts
Contents
Cliff Lewis Ltd
Company Information
for the year ended 30 July 2023
Company Number
12767202 (England and Wales)
Registered Office
49 STATION ROAD
POLEGATE
BN26 6EA
UNITED KINGDOM
Accountants
Brilliant Numbers Ltd
5 Brayford Square
London
E1 0SG
Cliff Lewis Ltd
Statement of financial position
as at 30 July 2023
Tangible assets
1,287
236,966
Investment property
450,000
-
Cash at bank and in hand
44,875
25,136
Creditors: amounts falling due within one year
(21,661)
105,150
Net current assets
24,275
130,568
Total assets less current liabilities
475,562
367,534
Creditors: amounts falling due after more than one year
(266,067)
(373,577)
Provisions for liabilities
Net assets/(liabilities)
154,395
(6,043)
Called up share capital
1
1
Profit and loss account
154,394
(6,044)
Shareholders' funds
154,395
(6,043)
For the year ending 30 July 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 March 2024 and were signed on its behalf by
Fiona Kidd
Director
Company Registration No. 12767202
Cliff Lewis Ltd
Notes to the Accounts
for the year ended 30 July 2023
Cliff Lewis Ltd is a private company, limited by shares, registered in England and Wales, registration number 12767202. The registered office is 49 STATION ROAD, POLEGATE, BN26 6EA, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% Straight Line Method
Plant & machinery
20% Straight Line Method
Computer equipment
33.34% Straight Line Method
Cliff Lewis Ltd
Notes to the Accounts
for the year ended 30 July 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 31 July 2022
243,892
-
2,429
246,321
Transfer to investment property
(243,892)
-
-
(243,892)
At 30 July 2023
-
214
2,829
3,043
At 31 July 2022
8,504
-
851
9,355
Charge for the year
4,878
41
864
5,783
On transfers from investment property
(13,382)
-
-
(13,382)
At 30 July 2023
-
41
1,715
1,756
At 30 July 2023
-
173
1,114
1,287
At 30 July 2022
235,388
-
1,578
236,966
Net gain from fair value adjustments
219,490
Transfers from tangible fixed assets
230,510
Informal valuation made using direct comparisons to the market place for similar properties.
Amounts falling due within one year
Accrued income and prepayments
148
-
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,268
-
Loans from directors
17,867
(106,904)
Cliff Lewis Ltd
Notes to the Accounts
for the year ended 30 July 2023
8
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
255,041
355,041
Amounts owed to group undertakings and other participating interests
11,026
17,552
Taxes and social security
-
984
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).