Claremont Lodge Ltd 08959204 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is freehold lease holder. Digita Accounts Production Advanced 6.30.9574.0 true true 08959204 2023-04-01 2024-03-31 08959204 2024-03-31 08959204 core:CurrentFinancialInstruments 2024-03-31 08959204 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 08959204 bus:SmallEntities 2023-04-01 2024-03-31 08959204 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 08959204 bus:FullAccounts 2023-04-01 2024-03-31 08959204 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08959204 bus:RegisteredOffice 2023-04-01 2024-03-31 08959204 bus:Director1 2023-04-01 2024-03-31 08959204 bus:Director2 2023-04-01 2024-03-31 08959204 bus:Director3 2023-04-01 2024-03-31 08959204 bus:Director4 2023-04-01 2024-03-31 08959204 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08959204 countries:AllCountries 2023-04-01 2024-03-31 08959204 2023-03-31 08959204 2022-04-01 2023-03-31 08959204 2023-03-31 08959204 core:CurrentFinancialInstruments 2023-03-31 08959204 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 08959204

Claremont Lodge Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Claremont Lodge Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

Claremont Lodge Ltd

Company Information

Directors

Ms J Skelland

Mr A C Dean

Mr J Bird

R Sungha

Registered office

2 Toomers Wharf
Canal Walk
Newbury
Berkshire
RG14 1DY

Accountants

EJBC Chartered Accountants
2 Toomers Wharf
Canal Walk
Newbury
Berkshire
RG14 1DY

 

Claremont Lodge Ltd

(Registration number: 08959204)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Investment property

3

7,682

7,682

Current assets

 

Debtors

160

160

Creditors: Amounts falling due within one year

(160)

(160)

Net current assets/(liabilities)

 

-

-

Net assets

 

7,682

7,682

Capital and reserves

 

Called up share capital

4

4

Share premium reserve

7,678

7,678

Shareholders' funds

 

7,682

7,682

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

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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.

Approved and authorised by the Board on 12 August 2024 and signed on its behalf by:
 

.........................................
Ms J Skelland
Director

 

Claremont Lodge Ltd

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

1

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.

Going concern

The financial statements have been prepared on a going concern basis.

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.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

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.

 

Claremont Lodge Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 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.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

3

Investment properties

2024
£

At 1 April

7,682

At 31 March

7,682

There has been no valuation of investment property by an independent valuer.