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REGISTERED NUMBER: 00780708











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

CLEGG AND BROOKING LIMITED

CLEGG AND BROOKING LIMITED (REGISTERED NUMBER: 00780708)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CLEGG AND BROOKING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: Mr J P Cook
Mrs J A Cook
Mr K R Brooking





SECRETARY: Mrs J A Cook





REGISTERED OFFICE: White Horse Service Station
Middle Wallop
Stockbridge
Hampshire
SO20 8DZ





REGISTERED NUMBER: 00780708





ACCOUNTANTS: Hysons
Chartered Accountants
14 London Street
Andover
Hampshire
SP10 2PA

CLEGG AND BROOKING LIMITED (REGISTERED NUMBER: 00780708)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,499,749 1,413,382
Investments 5 2,100 2,100
1,501,849 1,415,482

CURRENT ASSETS
Stocks 1,847 1,321
Debtors 6 17,049 18,205
Cash at bank 26,821 40,185
45,717 59,711
CREDITORS
Amounts falling due within one year 7 756,071 584,153
NET CURRENT LIABILITIES (710,354 ) (524,442 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

791,495

891,040

CREDITORS
Amounts falling due after more than
one year

8

(377,000

)

(427,000

)

PROVISIONS FOR LIABILITIES (54,227 ) (55,788 )
NET ASSETS 360,268 408,252

CLEGG AND BROOKING LIMITED (REGISTERED NUMBER: 00780708)

BALANCE SHEET - continued
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Revaluation reserve 10 210,133 210,133
Retained earnings 148,135 196,119
360,268 408,252

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 25 November 2024 and were signed on its behalf by:




Mr K R Brooking - Director



Mrs J A Cook - Director


CLEGG AND BROOKING LIMITED (REGISTERED NUMBER: 00780708)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Clegg And Brooking Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Preparation of consolidated financial statements
The financial statements contain information about Clegg And Brooking Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 2% on cost
Plant and machinery - 20% on reducing balance
Office and computer equipment - at varying rates on cost

Property is depreciated at 2% of the deemed cost amount.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


CLEGG AND BROOKING LIMITED (REGISTERED NUMBER: 00780708)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Office
Improvements and
Freehold to Plant and computer
property property machinery equipment Totals
£    £    £    £    £   
COST
At 1 March 2023 628,062 1,054,870 116,108 8,853 1,807,893
Additions - 122,350 - - 122,350
At 29 February 2024 628,062 1,177,220 116,108 8,853 1,930,243
DEPRECIATION
At 1 March 2023 104,283 179,788 101,587 8,853 394,511
Charge for year 9,561 23,546 2,876 - 35,983
At 29 February 2024 113,844 203,334 104,463 8,853 430,494
NET BOOK VALUE
At 29 February 2024 514,218 973,886 11,645 - 1,499,749
At 28 February 2023 523,779 875,082 14,521 - 1,413,382

Included in cost of land and buildings is freehold land of £150,000 (2023 - £150,000) which is not depreciated.

All the property owned by the company is freehold property.

CLEGG AND BROOKING LIMITED (REGISTERED NUMBER: 00780708)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 March 2023
and 29 February 2024 2,100
NET BOOK VALUE
At 29 February 2024 2,100
At 28 February 2023 2,100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments 17,049 18,205

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 88,051 91,649
Trade creditors 14,075 1,020
Amounts owed to group undertakings 610,173 451,831
Tax 5,878 13,052
VAT 1,370 4,196
Other creditors 18,667 5,365
Directors' current accounts 16,707 5,919
Deferred income - 10,000
Accrued expenses 1,150 1,121
756,071 584,153

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 50,000 50,000
Bank loans - 2-5 years 327,000 377,000
377,000 427,000

CLEGG AND BROOKING LIMITED (REGISTERED NUMBER: 00780708)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdrafts 38,051 41,649
Bank loans 427,000 477,000
465,051 518,649

The bank overdraft and bank loan is secured by a fixed and floating charge over the undertakings of this company and a related party company including all property and assets present and future.

Net obligations under finance leases and hire purchase contracts are secured on the assets acquired.

10. RESERVES
Revaluation
reserve
£   
At 1 March 2023
and 29 February 2024 210,133

11. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.