IRIS Accounts Production v23.2.0.158 06824847 Board of Directors 1.10.22 30.9.23 30.9.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068248472022-09-30068248472023-09-30068248472022-10-012023-09-30068248472021-09-30068248472021-10-012022-09-30068248472022-09-3006824847ns10:Originalns15:EnglandWales2022-10-012023-09-3006824847ns14:PoundSterlingns10:Original2022-10-012023-09-3006824847ns10:Originalns10:Director12022-10-012023-09-3006824847ns10:Original2022-10-012023-09-3006824847ns10:Original2023-09-3006824847ns10:Originalns10:PrivateLimitedCompanyLtd2022-10-012023-09-3006824847ns10:Originalns10:SmallEntities2022-10-012023-09-3006824847ns10:Originalns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3006824847ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3006824847ns10:SmallCompaniesRegimeForAccountsns10:Original2022-10-012023-09-3006824847ns10:Originalns10:FullAccounts2022-10-012023-09-3006824847ns10:Original2022-09-3006824847ns10:Originalns5:CurrentFinancialInstruments2023-09-3006824847ns10:Originalns5:CurrentFinancialInstruments2022-09-3006824847ns5:ShareCapitalns10:Original2023-09-3006824847ns5:ShareCapitalns10:Original2022-09-3006824847ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-09-3006824847ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-09-3006824847ns10:Originalns10:RegisteredOffice2022-10-012023-09-3006824847ns10:Originalns5:FurnitureFittings2022-10-012023-09-3006824847ns10:Originalns5:ComputerEquipment2022-10-012023-09-3006824847ns10:Original2021-10-012022-09-3006824847ns10:Originalns5:FurnitureFittings2022-09-3006824847ns10:Originalns5:ComputerEquipment2022-09-3006824847ns10:Original2022-09-3006824847ns10:Originalns5:FurnitureFittings2023-09-3006824847ns10:Originalns5:ComputerEquipment2023-09-3006824847ns10:Originalns5:FurnitureFittings2022-09-3006824847ns10:Originalns5:ComputerEquipment2022-09-3006824847ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3006824847ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-30
REGISTERED NUMBER: 06824847 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

CLARKE CONSTRUCTION LIMITED

CLARKE CONSTRUCTION LIMITED (REGISTERED NUMBER: 06824847)

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










Page

Statement of Financial Position 1 to 2

Notes to the Financial Statements 3 to 6


CLARKE CONSTRUCTION LIMITED (REGISTERED NUMBER: 06824847)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2023

30.9.23 30.9.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 55 55

CURRENT ASSETS
Debtors 5 1 967
Cash at bank and in hand 703 5,373
704 6,340
CREDITORS
Amounts falling due within one year 6 (8,963 ) (14,599 )
NET CURRENT LIABILITIES (8,259 ) (8,259 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(8,204

)

(8,204

)

PROVISIONS FOR LIABILITIES (11 ) (11 )
NET LIABILITIES (8,215 ) (8,215 )

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings (8,415 ) (8,415 )
(8,215 ) (8,215 )

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 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.

CLARKE CONSTRUCTION LIMITED (REGISTERED NUMBER: 06824847)

STATEMENT OF FINANCIAL POSITION - 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 February 2024 and were signed on its behalf by:





C L Clarke - Director


CLARKE CONSTRUCTION LIMITED (REGISTERED NUMBER: 06824847)

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


1. GENERAL INFORMATION

Clarke Construction Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 06824847

Registered office: Wayside
Salford
Chipping Norton
Oxfordshire
OX7 5YJ

The presentation currency of the financial statements is the Pound Sterling (£).


The principal activity of the company during the year was that of property development.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% reducing balance
Computer equipment - 33% on cost

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

CLARKE CONSTRUCTION LIMITED (REGISTERED NUMBER: 06824847)

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


2. ACCOUNTING POLICIES - continued

FINANCIAL INSTRUMENTS
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

TAXATION
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Current tax is recognised on taxable profit for the current and 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.

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.

DEFINED CONTRIBUTION PLANS
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

CLARKE CONSTRUCTION LIMITED (REGISTERED NUMBER: 06824847)

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


2. ACCOUNTING POLICIES - continued

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.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

PROVISIONS
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

EMPLOYEE BENEFITS
The company provides a range of benefits to employees.

Short term benefits, including holiday pay, are recognised as an expense in profit and loss account in the period in which they are incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2022
and 30 September 2023 484 2,125 2,609
DEPRECIATION
At 1 October 2022
and 30 September 2023 429 2,125 2,554
NET BOOK VALUE
At 30 September 2023 55 - 55
At 30 September 2022 55 - 55

CLARKE CONSTRUCTION LIMITED (REGISTERED NUMBER: 06824847)

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
£    £   
Other debtors 1 967

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade creditors - 459
Amounts owed to group undertakings 7,823 13,000
Other creditors 1,140 1,140
8,963 14,599

7. CONTROLLING PARTY

The company is a wholly-owned subsidiary of Clarke Business Group Limited, a company registered in England and Wales.