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REGISTERED NUMBER: 05417063 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

CLAYTON CC LIMITED

CLAYTON CC LIMITED (REGISTERED NUMBER: 05417063)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CLAYTON CC LIMITED

COMPANY INFORMATION
for the year ended 31 December 2023







DIRECTORS: G K Insley
D J Allsop
V F Insley



REGISTERED OFFICE: Highdown House
11 Highdown Road
Leamington Spa
Warwickshire
CV31 1XT



REGISTERED NUMBER: 05417063 (England and Wales)



BANKERS: Handelsbanken
ECG4, Enterprise Ctr
Technology Park
Puma Way
Coventry
CV1 2TT

CLAYTON CC LIMITED (REGISTERED NUMBER: 05417063)

BALANCE SHEET
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 81,936 109,248
Investments 5 925,100 925,100
1,007,036 1,034,348

CURRENT ASSETS
Debtors 6 33,895 72,864
Cash at bank 27,287 24,991
61,182 97,855
CREDITORS
Amounts falling due within one year 7 786,898 598,251
NET CURRENT LIABILITIES (725,716 ) (500,396 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

281,320

533,952

CREDITORS
Amounts falling due after more than one
year

8

25,765

261,765
NET ASSETS 255,555 272,187

CAPITAL AND RESERVES
Called up share capital 10 76 76
Capital redemption reserve 11 24 24
Retained earnings 11 255,455 272,087
SHAREHOLDERS' FUNDS 255,555 272,187

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

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

CLAYTON CC LIMITED (REGISTERED NUMBER: 05417063)

BALANCE SHEET - continued
31 December 2023


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 10 June 2024 and were signed on its behalf by:





V F Insley - Director


CLAYTON CC LIMITED (REGISTERED NUMBER: 05417063)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Clayton CC 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.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year.

At the balance sheet date the company had net current liabilities of £725,716 (2022 - £500,396), and total net assets of £255,555 (2022 - £272,187). The directors consider future profitable trade sufficient to meet the company's liabilities as they fall due and as such the business is considered a going concern. The accounts and financial statements have therefore been prepared on a going concern basis.

Preparation of consolidated financial statements
The financial statements contain information about Clayton CC Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover comprises the value of sales (excluding value added tax, similar taxes and trade discounts) of goods and services provided in the normal course of business. Revenue is recognised when the goods are despatched, which is the same day on which the goods are delivered and hence is the point at which the risks and rewards of ownership passes to the buyer.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Loans and receivables
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

CLAYTON CC LIMITED (REGISTERED NUMBER: 05417063)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 January 2023
and 31 December 2023 124,854
DEPRECIATION
At 1 January 2023 15,606
Charge for year 27,312
At 31 December 2023 42,918
NET BOOK VALUE
At 31 December 2023 81,936
At 31 December 2022 109,248

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023
and 31 December 2023 925,100
NET BOOK VALUE
At 31 December 2023 925,100
At 31 December 2022 925,100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings - 38,969
Other debtors 33,895 33,895
33,895 72,864

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 532
Amounts owed to group undertakings 494,687 -
Taxation and social security 17,960 8,253
Other short term loans 274,251 589,466
786,898 598,251

CLAYTON CC LIMITED (REGISTERED NUMBER: 05417063)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 25,765 261,765

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Loan from G K Insley * 25,765 261,765

* G K Insley is a director of the company.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 76 76

11. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 January 2023 272,087 24 272,111
Profit for the year 45,368 45,368
Dividends (62,000 ) (62,000 )
At 31 December 2023 255,455 24 255,479

12. CONTROLLING INTERESTS

The directors are considered to be the ultimate controlling parties by virtue of their ability to act in concert in respect of the financial and operating policies of the company.