Registration number:
Clifton Massage Limited
for the Year Ended 31 March 2024
Clifton Massage Limited
Contents
Company Information |
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Abridged Balance Sheet |
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Notes to the Unaudited Abridged Financial Statements |
Clifton Massage Limited
Company Information
Director |
C A G Wood |
Registered office |
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Accountants |
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Clifton Massage Limited
(Registration number: 08105742)
Abridged Balance Sheet as at 31 March 2024
Note |
2024 |
2023 |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
1 |
1 |
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Retained earnings |
10 |
295 |
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Shareholders' funds |
11 |
296 |
For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.
Approved and authorised by the
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Clifton Massage Limited
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
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 abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These abridged 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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.
Clifton Massage Limited
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024 (continued)
2 |
Accounting policies (continued) |
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.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.
Leases
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Intangible assets |
Total |
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Cost or valuation |
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At 1 April 2023 |
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At 31 March 2024 |
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Amortisation |
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At 1 April 2023 |
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At 31 March 2024 |
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Carrying amount |
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At 31 March 2024 |
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Debtors |
Debtors includes £Nil (2023 - £Nil) due after more than one year.
Clifton Massage Limited
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2024 (continued)
Creditors |
Creditors: amounts falling due after more than one year
The company has an unsecured CBIL's loan which was drawn down on 6 May 2020. Loan repayments on the unsecured loan commenced on 6 June 2021 over a five year term.
Related party transactions |
Transactions with the director |
2024 |
At 1 April 2023 |
Advances to director |
Repayments by director |
At 31 March 2024 |
C A G Wood |
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Director's loan accoount |
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( |
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2023 |
At 1 April 2022 |
Advances to director |
Repayments by director |
At 31 March 2023 |
C A G Wood |
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Director's loan accoount |
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( |
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Ultimate controlling party |
The ultimate controlling party is C A G Wood.