Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.22023-10-01falsefalse2No description of principal activitytrue 13412872 2023-10-01 2024-03-31 13412872 2022-10-01 2023-09-30 13412872 2024-03-31 13412872 2023-09-30 13412872 c:Director2 2023-10-01 2024-03-31 13412872 d:CurrentFinancialInstruments 2024-03-31 13412872 d:CurrentFinancialInstruments 2023-09-30 13412872 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13412872 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 13412872 d:ShareCapital 2024-03-31 13412872 d:ShareCapital 2023-09-30 13412872 c:FRS102 2023-10-01 2024-03-31 13412872 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-03-31 13412872 c:FullAccounts 2023-10-01 2024-03-31 13412872 c:PrivateLimitedCompanyLtd 2023-10-01 2024-03-31 13412872 e:PoundSterling 2023-10-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 13412872










COLLINS & CLARK DEVELOPMENTS (GE2) LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
COLLINS & CLARK DEVELOPMENTS (GE2) LIMITED
REGISTERED NUMBER: 13412872

BALANCE SHEET
AS AT 31 MARCH 2024

31 March
30 September
2024
2023
Note
£
£

  

Current assets
  

Stocks
  
28,601
-

Debtors: amounts falling due within one year
  
-
100

  
28,601
100

Creditors: amounts falling due within one year
 5 
(28,501)
-

Net current assets
  
 
 
100
 
 
100

Total assets less current liabilities
  
100
100

  

Net assets
  
100
100


Capital and reserves
  

Called up share capital 
  
100
100

  
100
100


Page 1

 
COLLINS & CLARK DEVELOPMENTS (GE2) LIMITED
REGISTERED NUMBER: 13412872
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

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 period in question in accordance with section 476 of the 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 income statement 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: 




................................................
J A Collins
Director

Date: 19 September 2024

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

Page 2

 
COLLINS & CLARK DEVELOPMENTS (GE2) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Collins & Clark Developments (GE2) Limited is a private company limited by shares and incorporated in England and Wales, registration number 13412872. The address of the registered office is 10 Riverside Road, Norwich, NR1 1SQ.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Directors have considered the Company’s position at the time of signing the financial statements. They have considered future trading expectations, the current financial position of the Company and other factors such as mitigating ongoing costs.
Based on this, the Directors have concluded that the company will have adequate resources to continue in operational existence for at least twelve months from the date of signing these financial statements and will therefore adopt the going concern basis of accounting in preparing these financial statements.

 
2.3

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.6

Financial instruments

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried
Page 3

 
COLLINS & CLARK DEVELOPMENTS (GE2) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.6
Financial instruments (continued)

at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.


3.


Employees




The average monthly number of employees, including directors, during the period was 2 (2023 - 2).

Page 4

 
COLLINS & CLARK DEVELOPMENTS (GE2) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

4.


Debtors

31 March
30 September
2024
2023
£
£


Amounts owed by group undertakings
-
100

-
100



5.


Creditors: Amounts falling due within one year

31 March
30 September
2024
2023
£
£

Amounts owed to group undertakings
28,501
-

28,501
-



6.


Controlling party

The controlling party is Collins & Clark Group Developments Limited by way of owning 100% of the issued share capital. The company is under ultimate control of its Directors, J Collins and R Clark.

Page 5