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Registration number: 14498175

Clairvot Berkshire Limited

Unaudited Filleted Financial Statements

for the Period from 22 November 2022 to 30 November 2023

 

Clairvot Berkshire Limited

Contents

Company Information

1

Accountants' Report

2

Statement of Financial Position

3 to 4

Notes to the Unaudited Financial Statements

5 to 10

 

Clairvot Berkshire Limited

Company Information

Directors

D P Berman

J Bendayan

A Vinson

E Aintabi

Registered office

163 Herne Hill
London
SE24 9LR

Accountants

DSK Partners LLP
Chartered Accountants
163 Herne Hill
London
SE24 9LR

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Clairvot Berkshire Limited
for the Period Ended 30 November 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Clairvot Berkshire Limited for the period ended 30 November 2023 as set out on pages 3 to 10 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Clairvot Berkshire Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Clairvot Berkshire Limited and state those matters that we have agreed to state to the Board of Directors of Clairvot Berkshire Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Clairvot Berkshire Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Clairvot Berkshire Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Clairvot Berkshire Limited. You consider that Clairvot Berkshire Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of Clairvot Berkshire Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

DSK Partners LLP
Chartered Accountants
163 Herne Hill
London
SE24 9LR

14 October 2024

 

Clairvot Berkshire Limited

(Registration number: 14498175)
Statement of Financial Position as at 30 November 2023

Note

2023
£

Fixed assets

 

Tangible assets

4

54,384,160

Current assets

 

Debtors

5

119,717

Cash at bank and in hand

 

2,406,234

 

2,525,951

Creditors: Amounts falling due within one year

6

(807,696)

Net current assets

 

1,718,255

Total assets less current liabilities

 

56,102,415

Creditors: Amounts falling due after more than one year

6

(39,495,833)

Net assets

 

16,606,582

Capital and reserves

 

Called up share capital

7

16,101,000

Retained earnings

505,582

Shareholders' funds

 

16,606,582

 

Clairvot Berkshire Limited

(Registration number: 14498175)
Statement of Financial Position as at 30 November 2023 (continued)

For the financial period ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 14 October 2024 and signed on its behalf by:
 

J Bendayan
Director

   
     
 

Clairvot Berkshire Limited

Notes to the Unaudited Financial Statements for the Period from 22 November 2022 to 30 November 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
163 Herne Hill
London
SE24 9LR
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland and the Companies Act 2006'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is Pound Sterling (£) rounded to the nearest Pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Clairvot Berkshire Limited

Notes to the Unaudited Financial Statements for the Period from 22 November 2022 to 30 November 2023 (continued)

2

Accounting policies (continued)

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Clairvot Berkshire Limited

Notes to the Unaudited Financial Statements for the Period from 22 November 2022 to 30 November 2023 (continued)

2

Accounting policies (continued)

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities, or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
 

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 0.

 

Clairvot Berkshire Limited

Notes to the Unaudited Financial Statements for the Period from 22 November 2022 to 30 November 2023 (continued)

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

Additions

54,384,160

54,384,160

At 30 November 2023

54,384,160

54,384,160

Depreciation

Carrying amount

At 30 November 2023

54,384,160

54,384,160

Included within the net book value of land and buildings above is £54,384,160 in respect of freehold land and buildings.
 

5

Debtors

Current

2023
£

Prepayments

108,433

Other debtors

11,284

 

119,717

 

Clairvot Berkshire Limited

Notes to the Unaudited Financial Statements for the Period from 22 November 2022 to 30 November 2023 (continued)

6

Creditors

Creditors: amounts falling due within one year

Note

2023
£

Due within one year

 

Loans and borrowings

8

216,667

Trade creditors

 

61,355

Taxation and social security

 

310,347

Accruals and deferred income

 

65,081

Other creditors

 

154,246

 

807,696

Creditors: amounts falling due after more than one year

Note

2023
£

Due after one year

 

Loans and borrowings

8

39,495,833

7

Share capital

Allotted, called up and fully paid shares

2023

No.

£

Ordinary of £1 each

1,601,000

1,601,000

   
 

Clairvot Berkshire Limited

Notes to the Unaudited Financial Statements for the Period from 22 November 2022 to 30 November 2023 (continued)

8

Loans and borrowings

Non-current loans and borrowings

2023
£

Other borrowings

39,495,833

Current loans and borrowings

2023
£

Other borrowings

216,667