Clifton Deaf Services Ltd 11747596 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is Translating and Interpreting Digita Accounts Production Advanced 6.30.9574.0 true 11747596 2023-02-01 2024-01-31 11747596 2024-01-31 11747596 core:CurrentFinancialInstruments 2024-01-31 11747596 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 11747596 core:OfficeEquipment 2024-01-31 11747596 bus:SmallEntities 2023-02-01 2024-01-31 11747596 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 11747596 bus:FullAccounts 2023-02-01 2024-01-31 11747596 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11747596 bus:RegisteredOffice 2023-02-01 2024-01-31 11747596 bus:Director1 2023-02-01 2024-01-31 11747596 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11747596 core:OfficeEquipment 2023-02-01 2024-01-31 11747596 countries:England 2023-02-01 2024-01-31 11747596 2023-01-31 11747596 core:OfficeEquipment 2023-01-31 11747596 2022-02-01 2023-01-31 11747596 2023-01-31 11747596 core:CurrentFinancialInstruments 2023-01-31 11747596 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 11747596 core:OfficeEquipment 2023-01-31 iso4217:GBP xbrli:pure

Registration number: 11747596

Clifton Deaf Services Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 January 2024

 

Clifton Deaf Services Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

Clifton Deaf Services Ltd

Company Information

Director

Nikki Harris

Registered office

12 Upper Berkeley Place
Clifton
Bristol
BS8 1JS

Accountants

Stone & Co Chartered Accountants
2 Charnwood House
Marsh Road
Ashton
Bristol
BS3 2NA

 

Clifton Deaf Services Ltd

(Registration number: 11747596)
Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

         

Fixed assets

   

Tangible assets

4

 

2,551

3,776

Current assets

   

Stocks

5

280

 

870

Debtors

6

35,059

 

23,360

Cash at bank and in hand

 

5,310

 

673

 

40,649

 

24,903

Creditors: Amounts falling due within one year

7

(38,056)

 

(27,706)

Net current assets/(liabilities)

   

2,593

(2,803)

Total assets less current liabilities

   

5,144

973

Provisions for liabilities

 

(485)

(717)

Net assets

   

4,659

256

Capital and reserves

   

Called up share capital

100

 

100

Profit and loss account

4,559

 

156

Total equity

   

4,659

256

 

Clifton Deaf Services Ltd

(Registration number: 11747596)
Balance Sheet as at 31 January 2024

For the financial year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 23 April 2024
 

.........................................

Nikki Harris
Director

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

Clifton Deaf Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
12 Upper Berkeley Place
Clifton
Bristol
BS8 1JS

These financial statements were authorised for issue by the director on 23 April 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Clifton Deaf Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Equipment

25% Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

 

Clifton Deaf Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Clifton Deaf Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

4

Tangible assets

Office equipment
£

Total
£

Cost or valuation

At 1 February 2023

7,322

7,322

Additions

399

399

At 31 January 2024

7,721

7,721

Depreciation

At 1 February 2023

3,546

3,546

Charge for the year

1,624

1,624

At 31 January 2024

5,170

5,170

Carrying amount

At 31 January 2024

2,551

2,551

At 31 January 2023

3,776

3,776

5

Stocks

2024
£

2023
£

Work in progress

280

870

6

Debtors

Current

2024
£

2023
£

Trade debtors

4,781

4,178

Other debtors

30,278

19,182

 

35,059

23,360

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

34,225

23,749

Accruals and deferred income

240

360

Other creditors

3,591

3,597

38,056

27,706

 

Clifton Deaf Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

8

Related party transactions

At the balance sheet date the Director owed the company £22,309 (2022 - £18,068) This loan is repayable on demand and interest has been paid on the balance at the advisory rate.