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REGISTERED NUMBER: 04451053 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Cleveland Conservatories Ltd

Cleveland Conservatories Ltd (Registered number: 04451053)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cleveland Conservatories Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr R J Freeman





SECRETARY: Mrs C P Freeman





REGISTERED OFFICE: Unit 8 Snowdon Road
Middlesbrough
Cleveland
TS2 1DY





REGISTERED NUMBER: 04451053 (England and Wales)





ACCOUNTANTS: APC Accountancy
Chartered Accountants
73 Gilkes Street
Middlesbrough
TS1 5EH

Cleveland Conservatories Ltd (Registered number: 04451053)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 40,958 51,667
40,958 51,667

CURRENT ASSETS
Stocks 105,604 42,000
Debtors 6 3,541 4,611
Cash at bank and in hand 207,801 244,879
316,946 291,490
CREDITORS
Amounts falling due within one year 7 94,346 99,056
NET CURRENT ASSETS 222,600 192,434
TOTAL ASSETS LESS CURRENT
LIABILITIES

263,558

244,101

CREDITORS
Amounts falling due after more than one
year

8

(12,500

)

(21,727

)

PROVISIONS FOR LIABILITIES 9 (3,684 ) (4,748 )
NET ASSETS 247,374 217,626

CAPITAL AND RESERVES
Called up share capital 12 12
Retained earnings 247,362 217,614
SHAREHOLDERS' FUNDS 247,374 217,626

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Cleveland Conservatories Ltd (Registered number: 04451053)

Balance Sheet - continued
31 March 2024


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 director and authorised for issue on 6 August 2024 and were signed by:





Mr R J Freeman - Director


Cleveland Conservatories Ltd (Registered number: 04451053)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Cleveland Conservatories Ltd 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 represents amounts receivable for goods and services net of VAT and trade discounts, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Goodwill
Positive purchased goodwill arising on acquisitions is capitalised, classified as an asset on the Balance Sheet and amortised over its estimated useful life of 2 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on cost and 20% on cost

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment loss.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.


Cleveland Conservatories Ltd (Registered number: 04451053)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 25,000
AMORTISATION
At 1 April 2023
and 31 March 2024 25,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

Cleveland Conservatories Ltd (Registered number: 04451053)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 43,027 175,010 218,037
DEPRECIATION
At 1 April 2023 16,350 150,020 166,370
Charge for year 861 9,848 10,709
At 31 March 2024 17,211 159,868 177,079
NET BOOK VALUE
At 31 March 2024 25,816 15,142 40,958
At 31 March 2023 26,677 24,990 51,667

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 15,996
DEPRECIATION
At 1 April 2023
and 31 March 2024 15,996
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 3,541 4,611

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 10,000 10,900
Trade creditors 26,286 21,159
Taxation and social security 55,535 64,665
Other creditors 2,525 2,332
94,346 99,056

Cleveland Conservatories Ltd (Registered number: 04451053)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 12,500 21,727

9. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 3,684 4,748

Deferred
tax
£   
Balance at 1 April 2023 4,748
Timing differences (1,064 )
Balance at 31 March 2024 3,684

10. RELATED PARTY DISCLOSURES

During the year the company paid management fees of £0 (2023: 20,000) and rent of £14,400 (2023:£14,400) to Unique Conservatory Roofs Limited, a company controlled by Mr R J Freeman and Mrs C P M Freeman.

As at 31 March 2024 Cleveland Conservatories Ltd was owed £618 by Unique Conservatory Roofs Limited (2023- £618)

As at 31 March 2024 the company owed the director £32 (2023: £32).

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mr R J Freeman.