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Company Registration No. 08550764 (England and Wales)
Cliffe Builders Ltd Unaudited accounts for the year ended 31 May 2024
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Cliffe Builders Ltd for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Cliffe Builders Ltd for the year ended 31 May 2024 as set out on pages 3 - 5 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 icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Sigma Chartered Accountants Chartered Accountants J O Hunter House 409 Bradford Road Huddersfield West Yorkshire HD2 2RB 19 December 2024
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Cliffe Builders Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
9,000 
10,000 
Tangible assets
7,586 
5,017 
16,586 
15,017 
Current assets
Inventories
9,000 
12,840 
Debtors
33,497 
43,312 
Cash at bank and in hand
235,148 
187,084 
277,645 
243,236 
Creditors: amounts falling due within one year
(171,852)
(109,095)
Net current assets
105,793 
134,141 
Total assets less current liabilities
122,379 
149,158 
Creditors: amounts falling due after more than one year
(23,276)
(33,203)
Net assets
99,103 
115,955 
Capital and reserves
Called up share capital
20 
20 
Profit and loss account
99,083 
115,935 
Shareholders' funds
99,103 
115,955 
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 December 2024 and were signed on its behalf by
Mr Richard Cliffe Director Company Registration No. 08550764
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Cliffe Builders Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Cliffe Builders Ltd is a private company, limited by shares, registered in England and Wales, registration number 08550764. The registered office is 105 Watkinson Road, Halifax, HX2 9BZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost.
Motor vehicles
25% on cost.
Fixtures & fittings
25% on cost.
Computer equipment
25% on cost.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. 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 twenty years.
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Cliffe Builders Ltd Notes to the Accounts for the year ended 31 May 2024
4
Intangible fixed assets
Total 
£ 
Cost
At 1 June 2023
20,000 
At 31 May 2024
20,000 
Amortisation
At 1 June 2023
10,000 
Charge for the year
1,000 
At 31 May 2024
11,000 
Net book value
At 31 May 2024
9,000 
At 31 May 2023
10,000 
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 June 2023
27,823 
Additions
5,655 
At 31 May 2024
33,478 
Depreciation
At 1 June 2023
22,806 
Charge for the year
3,086 
At 31 May 2024
25,892 
Net book value
At 31 May 2024
7,586 
At 31 May 2023
5,017 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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