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Company Registration No. 09824646 (England and Wales)
Clockhouse Property Ltd Unaudited accounts for the year ended 31 October 2023
Clockhouse Property Ltd Unaudited accounts Contents
Page
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Clockhouse Property Ltd Company Information for the year ended 31 October 2023
Directors
Dr Michael Watson Mr Paul Watson
Company Number
09824646 (England and Wales)
Registered Office
CLOCKHOUSE BARN CLOCKHOUSE LANE LITTLE STONHAM STOWMARKET SUFFOLK IP14 5JP ENGLAND
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Clockhouse Property Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
542,040 
964,003 
Current assets
Inventories
190,085 
190,085 
Debtors
1,740 
2,310 
Cash at bank and in hand
15,977 
29,919 
207,802 
222,314 
Creditors: amounts falling due within one year
(341,749)
(960,139)
Net current liabilities
(133,947)
(737,825)
Total assets less current liabilities
408,093 
226,178 
Provisions for liabilities
Deferred tax
(3,820)
(3,820)
Net assets
404,273 
222,358 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
44,804 
- 
Profit and loss account
359,369 
222,258 
Shareholders' funds
404,273 
222,358 
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 25 July 2024 and were signed on its behalf by
Mr Paul Watson Director Company Registration No. 09824646
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Clockhouse Property Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Clockhouse Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 09824646. The registered office is CLOCKHOUSE BARN CLOCKHOUSE LANE, LITTLE STONHAM, STOWMARKET, SUFFOLK, IP14 5JP, ENGLAND.
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.
3
Accounting policies
These financial statements for the year ended 31 October 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
At Cost
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At valuation 
At cost 
At 1 November 2022
961,384 
8,438 
969,822 
Additions
20,485 
- 
20,485 
Revaluations
44,804 
- 
44,804 
Disposals
(486,673)
- 
(486,673)
At 31 October 2023
540,000 
8,438 
548,438 
Depreciation
At 1 November 2022
- 
5,819 
5,819 
Charge for the year
- 
579 
579 
At 31 October 2023
- 
6,398 
6,398 
Net book value
At 31 October 2023
540,000 
2,040 
542,040 
At 31 October 2022
961,384 
2,619 
964,003 
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Clockhouse Property Ltd Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,740 
2,310 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
(34)
1,633 
Trade creditors
4,000 
5,466 
Taxes and social security
39,356 
9,536 
Other creditors
12,500 
12,500 
Loans from directors
282,509 
931,004 
Accruals
3,418 
- 
341,749 
960,139 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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