IRIS Accounts Production v24.1.9.2 12407226 Board of Directors 1.11.22 31.10.23 31.10.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh124072262022-10-31124072262023-10-31124072262022-11-012023-10-31124072262021-10-31124072262021-11-012022-10-31124072262022-10-3112407226ns15:EnglandWales2022-11-012023-10-3112407226ns14:PoundSterling2022-11-012023-10-3112407226ns10:Director12022-11-012023-10-3112407226ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3112407226ns10:SmallEntities2022-11-012023-10-3112407226ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3112407226ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3112407226ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3112407226ns10:FullAccounts2022-11-012023-10-3112407226ns10:Director22022-11-012023-10-3112407226ns10:RegisteredOffice2022-11-012023-10-3112407226ns5:CurrentFinancialInstruments2023-10-3112407226ns5:CurrentFinancialInstruments2022-10-3112407226ns5:ShareCapital2023-10-3112407226ns5:ShareCapital2022-10-3112407226ns5:RetainedEarningsAccumulatedLosses2023-10-3112407226ns5:RetainedEarningsAccumulatedLosses2022-10-3112407226ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3112407226ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-31124072261ns10:Director12022-10-31124072261ns10:Director12021-10-31124072261ns10:Director12022-11-012023-10-31124072261ns10:Director12021-11-012022-10-31124072261ns10:Director12023-10-31124072261ns10:Director12022-10-31
REGISTERED NUMBER: 12407226 (England and Wales)






















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

GILL HUDSON HOMES CLIFTON LIMITED

GILL HUDSON HOMES CLIFTON LIMITED (REGISTERED NUMBER: 12407226)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GILL HUDSON HOMES CLIFTON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: D Gill
S J Hudson





REGISTERED OFFICE: 3 Doolittle Yard
Froghall Road
Ampthill
Bedfordshire
MK45 2NW





REGISTERED NUMBER: 12407226 (England and Wales)





ACCOUNTANTS: GKP (Ampthill) Limited
Chartered Accountants
3 Doolittle Yard
Froghall Road
Ampthill
Bedfordshire
MK45 2NW

GILL HUDSON HOMES CLIFTON LIMITED (REGISTERED NUMBER: 12407226)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 717,663 2,187,827
Cash at bank and in hand 44,294 669,394
761,957 2,857,221
CREDITORS
Amounts falling due within one year 5 440,830 2,666,397
NET CURRENT ASSETS 321,127 190,824
TOTAL ASSETS LESS CURRENT
LIABILITIES

321,127

190,824

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 321,027 190,724
321,127 190,824

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2024 and were signed on its behalf by:





D Gill - Director


GILL HUDSON HOMES CLIFTON LIMITED (REGISTERED NUMBER: 12407226)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023


1. STATUTORY INFORMATION

Gill Hudson Homes Clifton Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 580 34,122
Amounts owed by group undertakings 160,300 892,631
Other debtors - 860,863
Amounts owed by related undertakings 124,476 400,000
Directors' current accounts 431,726 -
VAT 581 211
717,663 2,187,827

GILL HUDSON HOMES CLIFTON LIMITED (REGISTERED NUMBER: 12407226)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 835 23,489
Amounts owed to group undertakings 226,182 2,130,916
Tax 195,224 486,592
Directors' current accounts 4,137 -
Accrued expenses 14,452 25,400
440,830 2,666,397

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2023 and 31 October 2022:

2023 2022
£    £   
D Gill
Balance outstanding at start of year 860,863 -
Amounts advanced - 860,863
Amounts repaid (429,137 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 431,726 860,863

There are no terms relating to interest. The balance has been repaid since the end of the year.

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are considered to be the directors of the parent company, Gill-Hudson Homes Limited.