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REGISTERED NUMBER: 10119992 (England and Wales)















ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

CLARKE CLARK AND DAVIDSON LIMITED

CLARKE CLARK AND DAVIDSON LIMITED (REGISTERED NUMBER: 10119992)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


CLARKE CLARK AND DAVIDSON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: Mr. B. M. Clarke





REGISTERED OFFICE: 11 Rowen Close
Ingleby Barwick
Stockton-on-Tees
TS17 5DX





REGISTERED NUMBER: 10119992 (England and Wales)

CLARKE CLARK AND DAVIDSON LIMITED (REGISTERED NUMBER: 10119992)

ABRIDGED BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment property 4 1,060,000 1,055,000

CURRENT ASSETS
Debtors 467 257
Cash at bank 23,390 13,849
23,857 14,106
CREDITORS
Amounts falling due within one year 168,062 181,366
NET CURRENT LIABILITIES (144,205 ) (167,260 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

915,795

887,740

CREDITORS
Amounts falling due after more than one
year

(680,538

)

(679,142

)

PROVISIONS FOR LIABILITIES (26,452 ) (25,502 )
NET ASSETS 208,805 183,096

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 6 121,369 117,319
Retained earnings 6 87,336 65,677
208,805 183,096

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

CLARKE CLARK AND DAVIDSON LIMITED (REGISTERED NUMBER: 10119992)

ABRIDGED BALANCE SHEET - continued
30 APRIL 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 20 August 2024 and were signed by:





Mr. B. M. Clarke - Director


CLARKE CLARK AND DAVIDSON LIMITED (REGISTERED NUMBER: 10119992)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Clarke Clark and Davidson 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rents receivable for the period.

Investment property
Investment properties are shown at their most recent valuation. Any aggregate surplus or deficit arising from changes in fair value are recognised in profit or loss.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

CLARKE CLARK AND DAVIDSON LIMITED (REGISTERED NUMBER: 10119992)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 May 2023 1,055,000
Revaluations 5,000
At 30 April 2024 1,060,000
NET BOOK VALUE
At 30 April 2024 1,060,000
At 30 April 2023 1,055,000

Fair value at 30 April 2024 is represented by:
£
Valuation in 2024 1,060,000

If investment properties had not been revalued they would have been included at the following historical cost:

2024 2023
£ £
Cost 912,179 912,179

Investment properties were valued on an open market basis on 30 April 2023 by the director .

5. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£ £
Bank loans 670,538 669,142

The bank loans are secured on the properties to which they relate.

6. RESERVES
Retained Fair value
earnings reserve Totals
£ £ £

At 1 May 2023 65,677 117,319 182,996
Profit for the year 25,709 25,709
Deferred tax on investment
property

950

(950

)

-

Fair value uplift (5,000 ) 5,000 -
At 30 April 2024 87,336 121,369 208,705