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Company Registration No. 05593388 (England and Wales)
Clientfolder Limited Unaudited accounts for the year ended 31 December 2023
Clientfolder Limited Unaudited accounts Contents
Page
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Clientfolder Limited Company Information for the year ended 31 December 2023
Director
C Baldwin
Secretary
M Baldwin
Company Number
05593388 (England and Wales)
Registered Office
86 Scotts Sufferance Wharf 5 Mill Street Bermondsey London SE1 2DF
Accountants
P7 Accounting Limited 25 Cutbush Lane Bitterne Southampton SO18 5QP
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Clientfolder Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
322 
476 
Investment property
750,000 
750,000 
Investments
- 
320 
750,322 
750,796 
Current assets
Debtors
168,717 
90,687 
Cash at bank and in hand
185,539 
316,558 
354,256 
407,245 
Creditors: amounts falling due within one year
(67,576)
(64,037)
Net current assets
286,680 
343,208 
Total assets less current liabilities
1,037,002 
1,094,004 
Creditors: amounts falling due after more than one year
(157,085)
(200,935)
Net assets
879,917 
893,069 
Capital and reserves
Called up share capital
1 
1 
Fair value reserve
(53,903)
(53,903)
Profit and loss account
933,819 
946,971 
Shareholders' funds
879,917 
893,069 
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 August 2024 and were signed on its behalf by
C Baldwin Director Company Registration No. 05593388
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Clientfolder Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Clientfolder Limited is a private company, limited by shares, registered in England and Wales, registration number 05593388. The registered office is 86 Scotts Sufferance Wharf, 5 Mill Street, Bermondsey, London, SE1 2DF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover represents fees received in respect of project management services, invoiced in accordance with the stage of completion of the project excluding value added tax.
Investment property
Rental income from Investment property is shown within Income from Investments and represents rent received on an accruals basis in respect of investment properties excluding value added tax. Investment property is included at fair market value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Straight line
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Clientfolder Limited Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
617 
At 31 December 2023
617 
Depreciation
At 1 January 2023
141 
Charge for the year
154 
At 31 December 2023
295 
Net book value
At 31 December 2023
322 
At 31 December 2022
476 
5
Investment property
2023 
£ 
Fair value at 1 January 2023
750,000 
At 31 December 2023
750,000 
All valuations were made by the director, C Baldwin, on an open market basis. If the properties were sold at the balance sheet date, no tax liability would have arisen.
6
Investments
Other investments 
£ 
Valuation at 1 January 2023
320 
Disposals
(320)
Valuation at 31 December 2023
- 
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
600 
Amounts due from group undertakings etc.
- 
362 
Accrued income and prepayments
137 
125 
Other debtors
78,980 
- 
79,117 
1,087 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
89,600 
89,600 
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Clientfolder Limited Notes to the Accounts for the year ended 31 December 2023
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
47,670 
45,008 
VAT
1,729 
1,021 
Trade creditors
2,839 
825 
Taxes and social security
- 
944 
Other creditors
30 
644 
Loans from directors
- 
7,018 
Accruals
15,308 
8,577 
67,576 
64,037 
Bank loans due within 1 year are secured by way of a a first charge over the property held in the business. (with the exception of £10,163 (2022 - £9,901) in respect of a Bounce-Back loan which is unsecured).
9
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
127,085 
170,935 
Other creditors
30,000 
30,000 
157,085 
200,935 
Bank loans falling due after one year are secured by way of a a first charge over the property held in the business. (with the exception of £14,738 (2021 - £24,880) in respect of a Bounce-Back loan which is unsecured).
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
C Baldwin
Directors loan account
- 
78,980 
- 
78,980 
- 
78,980 
- 
78,980 
11
Transactions with related parties
At the balance sheet date included within debtors due after one year was £89,600 (2022 - £89,600) owed to Clientfolder Limited by Baldwin Homes Ltd, a dormant company in which the director is the sole director and shareholder. At the balance sheet date £nil (2022 - £362) was owed to Clientfolder Limited by Minchens Barns Development Limited, a company in which the director is a director and shareholder. During the year amounts owed by this company of £362 were written off as bad debts. At the balance sheet date £30,000 (2022 - £30,000) was owed by Clientfolder Limited to D Baldwin who is the director's father. This loan is interest-free and without formal repayment terms. All transactions took place at arms length.
12
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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