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REGISTERED NUMBER: 01388885 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

CLOAKDEAN LIMITED

CLOAKDEAN LIMITED (REGISTERED NUMBER: 01388885)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CLOAKDEAN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: Mrs R J L Ing





REGISTERED OFFICE: The Maltings
Rosemary Lane
Halstead
Essex
CO9 1HZ





REGISTERED NUMBER: 01388885 (England and Wales)





ACCOUNTANTS: RE Group Accountants Limited
The Maltings
Rosemary Lane
Halstead
Essex
CO9 1HZ

CLOAKDEAN LIMITED (REGISTERED NUMBER: 01388885)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 385,032 388,145
Investments 5 27,500 27,500
412,532 415,645

CURRENT ASSETS
Debtors 6 47,413 28,892
Cash at bank and in hand 32,333 21,362
79,746 50,254
CREDITORS
Amounts falling due within one year 7 101,549 89,574
NET CURRENT LIABILITIES (21,803 ) (39,320 )
TOTAL ASSETS LESS CURRENT LIABILITIES 390,729 376,325

CREDITORS
Amounts falling due after more than one
year

8

(79,570

)

(92,308

)

PROVISIONS FOR LIABILITIES (23,415 ) -
NET ASSETS 287,744 284,017

CAPITAL AND RESERVES
Called up share capital 9 10 10
Revaluation reserve 10 220,015 220,015
Retained earnings 67,719 63,992
SHAREHOLDERS' FUNDS 287,744 284,017

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

CLOAKDEAN LIMITED (REGISTERED NUMBER: 01388885)

BALANCE SHEET - continued
30 JUNE 2024


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 director and authorised for issue on 4 October 2024 and were signed by:





Mrs R J L Ing - Director


CLOAKDEAN LIMITED (REGISTERED NUMBER: 01388885)

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

1. STATUTORY INFORMATION

Cloakdean 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
The company's turnover represents the value, excluding value added tax, of services supplied to customers during the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Freehold property and improvements to property are included in the balance sheet at an open market value and are not depreciated.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 9 ) .

CLOAKDEAN LIMITED (REGISTERED NUMBER: 01388885)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Long and Motor Computer
leasehold fittings vehicles equipment Totals
£    £    £    £    £   
COST OR VALUATION
At 1 July 2023 275,000 4,610 247,021 15,828 542,459
Additions - - 37,249 130 37,379
Disposals - - (41,920 ) - (41,920 )
At 30 June 2024 275,000 4,610 242,350 15,958 537,918
DEPRECIATION
At 1 July 2023 - 4,050 137,086 13,178 154,314
Charge for year - 140 32,659 690 33,489
Eliminated on disposal - - (34,917 ) - (34,917 )
At 30 June 2024 - 4,190 134,828 13,868 152,886
NET BOOK VALUE
At 30 June 2024 275,000 420 107,522 2,090 385,032
At 30 June 2023 275,000 560 109,935 2,650 388,145

Cost or valuation at 30 June 2024 is represented by:

Fixtures
Long and Motor Computer
leasehold fittings vehicles equipment Totals
£    £    £    £    £   
Valuation in 2005 39,493 - - - 39,493
Valuation in 2006 2,255 - - - 2,255
Valuation in 2007 267 - - - 267
Valuation in 2017 47,000 - - - 47,000
Valuation in 2023 125,000 - - - 125,000
Cost 60,985 4,610 242,350 15,958 323,903
275,000 4,610 242,350 15,958 537,918

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 60,985 60,985

Value of land in freehold land and buildings 60,985 60,985

Leasehold land and buildings were valued on an open market basis basis on 31 March 2023 by .

CLOAKDEAN LIMITED (REGISTERED NUMBER: 01388885)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST OR VALUATION
At 1 July 2023 81,313
Additions 37,249
Transfer to ownership (41,817 )
At 30 June 2024 76,745
DEPRECIATION
At 1 July 2023 18,170
Charge for year 21,984
Transfer to ownership (21,412 )
At 30 June 2024 18,742
NET BOOK VALUE
At 30 June 2024 58,003
At 30 June 2023 63,143

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 July 2023
and 30 June 2024 27,500
NET BOOK VALUE
At 30 June 2024 27,500
At 30 June 2023 27,500

Cost or valuation at 30 June 2024 is represented by:

Other
investments
£   
Valuation in 2015 6,000
Cost 21,500
27,500

CLOAKDEAN LIMITED (REGISTERED NUMBER: 01388885)

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

5. FIXED ASSET INVESTMENTS - continued

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

2024 2023
£    £   
Cost 21,500 21,500

Investments were valued on an open market basis on 30 June 2020 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 38,010 19,208
Other debtors 9,403 9,684
47,413 28,892

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 27,673
Hire purchase contracts 21,695 20,567
Trade creditors 16,769 12,370
Taxation and social security 38,104 22,504
Other creditors 14,981 6,460
101,549 89,574

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 10,833 20,833
Hire purchase contracts 17,717 16,055
Other creditors 51,020 55,420
79,570 92,308

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary "A" £1 1 1
9 Ordinary "B" £1 9 9
10 10

CLOAKDEAN LIMITED (REGISTERED NUMBER: 01388885)

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

10. RESERVES
Revaluation
reserve
£   
At 1 July 2023
and 30 June 2024 220,015