Caseware UK (AP4) 2022.0.179 2022.0.179 2023-12-312023-12-3142023-01-01falseNo description of principal activity4falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 00573725 2023-01-01 2023-12-31 00573725 2022-01-01 2022-12-31 00573725 2023-12-31 00573725 2022-12-31 00573725 c:CompanySecretary1 2023-01-01 2023-12-31 00573725 c:Director1 2023-01-01 2023-12-31 00573725 c:Director2 2023-01-01 2023-12-31 00573725 c:Director3 2023-01-01 2023-12-31 00573725 c:Director4 2023-01-01 2023-12-31 00573725 c:RegisteredOffice 2023-01-01 2023-12-31 00573725 d:Buildings 2023-12-31 00573725 d:Buildings 2022-12-31 00573725 d:Buildings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 00573725 d:OfficeEquipment 2023-01-01 2023-12-31 00573725 d:OfficeEquipment 2023-12-31 00573725 d:OfficeEquipment 2022-12-31 00573725 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 00573725 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 00573725 d:CurrentFinancialInstruments 2023-12-31 00573725 d:CurrentFinancialInstruments 2022-12-31 00573725 d:Non-currentFinancialInstruments 2023-12-31 00573725 d:Non-currentFinancialInstruments 2022-12-31 00573725 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 00573725 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 00573725 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 00573725 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 00573725 d:ShareCapital 2023-12-31 00573725 d:ShareCapital 2022-12-31 00573725 d:RetainedEarningsAccumulatedLosses 2023-12-31 00573725 d:RetainedEarningsAccumulatedLosses 2022-12-31 00573725 c:FRS102 2023-01-01 2023-12-31 00573725 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 00573725 c:FullAccounts 2023-01-01 2023-12-31 00573725 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Company registration number: 00573725







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023


P.M. CLACK & SON LIMITED






































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P.M. CLACK & SON LIMITED
 


 
COMPANY INFORMATION


Directors
P L Clack 
D R Routledge 
L Routledge 
C Clack 




Company secretary
C Clack



Registered number
00573725



Registered office
Ashcombe House
5 The Crescent

Leatherhead

Surrey

KT22 8DY




Accountants
Menzies LLP
Chartered Accountants

Ashcombe House

5 The Crescent

Leatherhead

Surrey

KT22 8DY





 


P.M. CLACK & SON LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 5


 


P.M. CLACK & SON LIMITED
REGISTERED NUMBER:00573725



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,850,076
2,850,113

  
2,850,076
2,850,113

Current assets
  

Debtors: amounts falling due within one year
 5 
3,979
662

Cash at bank and in hand
  
451,168
404,435

  
455,147
405,097

Creditors: amounts falling due within one year
 6 
(53,390)
(32,538)

Net current assets
  
 
 
401,757
 
 
372,559

Total assets less current liabilities
  
3,251,833
3,222,672

Creditors: amounts falling due after more than one year
 7 
(100,000)
(100,000)

Provisions for liabilities
  

Deferred tax
  
(348,664)
(349,923)

  
 
 
(348,664)
 
 
(349,923)

Net assets
  
2,803,169
2,772,749

Page 1

 


P.M. CLACK & SON LIMITED
REGISTERED NUMBER:00573725


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

2023
2022
£
£

Capital and reserves
  

Allotted, called-up and fully-paid share capital
  
1,000
1,000

Profit and loss account
  
2,802,169
2,771,749

  
2,803,169
2,772,749


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



P L Clack
Director

Date: 2 April 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


P.M. CLACK & SON LIMITED
 


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

1.


General information

P.M. Clack & Son Limited is a private company limited by shares incorporated in England and Wales. The registered office address is disclosed on the company information page. There is no principal place of business.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover comprises rents receivable in connection with the company's freehold investment properties.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

The estimated useful lives range as follows:

Equipment
-
33% reducing balance basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Income and Retained Earnings.

 
2.4

Investment property

Investment property is carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of Income and Retained Earnings.

 
2.5

Operating leases: the Company as lessor

Rental income from operating leases is credited to the Statement of Income and Retained Earnings on a straight line basis over the term of the relevant lease.

Amounts paid and payable as an incentive to sign an operating lease are recognised as a reduction to income over the lease term on a straight line basis, unless another systematic basis is representative of the time pattern over which the lessor's benefit from the leased asset is diminished.

Page 3

 


P.M. CLACK & SON LIMITED
 


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

3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2022 - 4).


4.


Tangible fixed assets





Investment property
Equipment
Total

£
£
£



Cost or valuation


At 1 January 2023
2,850,000
1,852
2,851,852



At 31 December 2023

2,850,000
1,852
2,851,852



Depreciation


At 1 January 2023
-
1,739
1,739


Charge for the year
-
37
37



At 31 December 2023

-
1,776
1,776



Net book value



At 31 December 2023
2,850,000
76
2,850,076



At 31 December 2022
2,850,000
113
2,850,113


The freehold investment property was valued by the directors on 31 December 2023 at £2,850,000.


5.


Debtors

2023
2022
£
£


Prepayments and accrued income
3,979
662

3,979
662


Page 4

 


P.M. CLACK & SON LIMITED
 


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

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
684
1,100

Corporation tax
18,865
18,682

Other taxation and social security
2,152
1,542

Other creditors
6,000
6,000

Accruals and deferred income
25,689
5,214

53,390
32,538



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other creditors
100,000
100,000

100,000
100,000



8.


Transactions with directors

Included within other creditors are the following transactions with the directors.


2023
2022
£
£

Balance outstanding at start of year
100,000
100,000
Amounts advanced
6,000
6,000
Amounts repaid
(6,000)
(6,000)
100,000
100,000

Interest was charged at a rate of between 10 and 15% per annum. The loan is repayable on demand.

Page 5