Silverfin false false 31/08/2024 01/09/2023 31/08/2024 Ms C L Gibbons 28/08/2003 27 February 2025 The principal activity of the Company during the financial year was providing staff for property management companies. 04879803 2024-08-31 04879803 bus:Director1 2024-08-31 04879803 2023-08-31 04879803 core:CurrentFinancialInstruments 2024-08-31 04879803 core:CurrentFinancialInstruments 2023-08-31 04879803 core:ShareCapital 2024-08-31 04879803 core:ShareCapital 2023-08-31 04879803 core:CapitalRedemptionReserve 2024-08-31 04879803 core:CapitalRedemptionReserve 2023-08-31 04879803 core:RetainedEarningsAccumulatedLosses 2024-08-31 04879803 core:RetainedEarningsAccumulatedLosses 2023-08-31 04879803 core:FurnitureFittings 2023-08-31 04879803 core:ComputerEquipment 2023-08-31 04879803 core:FurnitureFittings 2024-08-31 04879803 core:ComputerEquipment 2024-08-31 04879803 bus:OrdinaryShareClass1 2024-08-31 04879803 core:WithinOneYear 2024-08-31 04879803 core:WithinOneYear 2023-08-31 04879803 core:BetweenOneFiveYears 2024-08-31 04879803 core:BetweenOneFiveYears 2023-08-31 04879803 2023-09-01 2024-08-31 04879803 bus:FilletedAccounts 2023-09-01 2024-08-31 04879803 bus:SmallEntities 2023-09-01 2024-08-31 04879803 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 04879803 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 04879803 bus:Director1 2023-09-01 2024-08-31 04879803 core:FurnitureFittings core:TopRangeValue 2023-09-01 2024-08-31 04879803 core:ComputerEquipment core:TopRangeValue 2023-09-01 2024-08-31 04879803 2022-09-01 2023-08-31 04879803 core:FurnitureFittings 2023-09-01 2024-08-31 04879803 core:ComputerEquipment 2023-09-01 2024-08-31 04879803 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 04879803 bus:OrdinaryShareClass1 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 04879803 (England and Wales)

CLAIBON PROPERTY SERVICES LIMITED

Unaudited Financial Statements
For the financial year ended 31 August 2024
Pages for filing with the registrar

CLAIBON PROPERTY SERVICES LIMITED

Unaudited Financial Statements

For the financial year ended 31 August 2024

Contents

CLAIBON PROPERTY SERVICES LIMITED

BALANCE SHEET

As at 31 August 2024
CLAIBON PROPERTY SERVICES LIMITED

BALANCE SHEET (continued)

As at 31 August 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 1,037 1,719
1,037 1,719
Current assets
Debtors 4 1,174,734 1,439,028
Cash at bank and in hand 2,299,631 2,281,069
3,474,365 3,720,097
Creditors: amounts falling due within one year 5 ( 1,414,831) ( 1,321,013)
Net current assets 2,059,534 2,399,084
Total assets less current liabilities 2,060,571 2,400,803
Net assets 2,060,571 2,400,803
Capital and reserves
Called-up share capital 6 1 1
Capital redemption reserve 1 1
Profit and loss account 2,060,569 2,400,801
Total shareholder's funds 2,060,571 2,400,803

For the financial year ending 31 August 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Claibon Property Services Limited (registered number: 04879803) were approved and authorised for issue by the Director on 27 February 2025. They were signed on its behalf by:

Ms C L Gibbons
Director
CLAIBON PROPERTY SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2024
CLAIBON PROPERTY SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Claibon Property Services Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Centenary House Peninsula Park, Rydon Lane, Exeter, EX2 7XE, United Kingdom.

The principal place of business is 52 Grosvenor Gardens, London, SW1W 0AU.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

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

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Fixtures and fittings 4 years straight line
Computer equipment 4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 20 19

3. Tangible assets

Fixtures and fittings Computer equipment Total
£ £ £
Cost
At 01 September 2023 4,269 41,312 45,581
At 31 August 2024 4,269 41,312 45,581
Accumulated depreciation
At 01 September 2023 4,269 39,593 43,862
Charge for the financial year 0 682 682
At 31 August 2024 4,269 40,275 44,544
Net book value
At 31 August 2024 0 1,037 1,037
At 31 August 2023 0 1,719 1,719

4. Debtors

2024 2023
£ £
Trade debtors 1,042,351 1,317,013
Prepayments 121,648 122,015
Other debtors 10,735 0
1,174,734 1,439,028

5. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors ( 44) 2,774
Amounts owed to director 590,781 480,482
Accruals 181,773 216,634
Taxation and social security 612,677 619,738
Other creditors 29,644 1,385
1,414,831 1,321,013

6. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1 1

7. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

2024 2023
£ £
within one year 162,437 98,424
between one and five years 156,583 16,404
319,020 114,828