Acorah Software Products - Accounts Production 16.3.350 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 07691273 Mr Thomas Clifford Mrs Donna Clifford iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07691273 2023-07-31 07691273 2024-07-31 07691273 2023-08-01 2024-07-31 07691273 frs-core:CurrentFinancialInstruments 2024-07-31 07691273 frs-core:Non-currentFinancialInstruments 2024-07-31 07691273 frs-core:ComputerEquipment 2024-07-31 07691273 frs-core:ComputerEquipment 2023-08-01 2024-07-31 07691273 frs-core:ComputerEquipment 2023-07-31 07691273 frs-core:FurnitureFittings 2024-07-31 07691273 frs-core:FurnitureFittings 2023-08-01 2024-07-31 07691273 frs-core:FurnitureFittings 2023-07-31 07691273 frs-core:MotorVehicles 2024-07-31 07691273 frs-core:MotorVehicles 2023-08-01 2024-07-31 07691273 frs-core:MotorVehicles 2023-07-31 07691273 frs-core:PlantMachinery 2024-07-31 07691273 frs-core:PlantMachinery 2023-08-01 2024-07-31 07691273 frs-core:PlantMachinery 2023-07-31 07691273 frs-core:ShareCapital 2024-07-31 07691273 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 07691273 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 07691273 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 07691273 frs-bus:SmallEntities 2023-08-01 2024-07-31 07691273 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 07691273 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 07691273 frs-bus:Director1 2023-08-01 2024-07-31 07691273 frs-bus:Director2 2023-08-01 2024-07-31 07691273 frs-countries:EnglandWales 2023-08-01 2024-07-31 07691273 2022-07-31 07691273 2023-07-31 07691273 2022-08-01 2023-07-31 07691273 frs-core:CurrentFinancialInstruments 2023-07-31 07691273 frs-core:Non-currentFinancialInstruments 2023-07-31 07691273 frs-core:ShareCapital 2023-07-31 07691273 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 07691273
Clifford Heating Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
KSR Accountants
Institute of Financial Accountants
The Old Buttermarket
Market Place
Tuxford
Newark
NG22 0LJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07691273
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 128,231 161,782
128,231 161,782
CURRENT ASSETS
Debtors 5 14,204 45,862
Cash at bank and in hand 3,802 499
18,006 46,361
Creditors: Amounts Falling Due Within One Year 6 (55,745 ) (71,964 )
NET CURRENT ASSETS (LIABILITIES) (37,739 ) (25,603 )
TOTAL ASSETS LESS CURRENT LIABILITIES 90,492 136,179
Creditors: Amounts Falling Due After More Than One Year 7 (120,760 ) (174,897 )
NET LIABILITIES (30,268 ) (38,718 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (30,270 ) (38,720 )
SHAREHOLDERS' FUNDS (30,268) (38,718)
Page 1
Page 2
For the year ending 31 July 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Thomas Clifford
Director
Mrs Donna Clifford
Director
15th April 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Clifford Heating Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07691273 . The registered office is Hempsalls Yark, Askham Road, East Markham, Nottinghamshire, NG22 0RG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15
Motor Vehicles 25
Fixtures & Fittings 15
Computer Equipment 50
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2023: 7)
13 7
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 August 2023 102,192 181,039 7,635 3,664 294,530
Additions 1,441 12,370 383 1,864 16,058
Disposals - (27,637 ) - - (27,637 )
As at 31 July 2024 103,633 165,772 8,018 5,528 282,951
Depreciation
As at 1 August 2023 19,573 106,195 3,813 3,167 132,748
Provided during the period 12,609 14,894 630 1,180 29,313
Disposals - (7,341 ) - - (7,341 )
As at 31 July 2024 32,182 113,748 4,443 4,347 154,720
...CONTINUED
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Page 4
Net Book Value
As at 31 July 2024 71,451 52,024 3,575 1,181 128,231
As at 1 August 2023 82,619 74,844 3,822 497 161,782
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 14,204 23,427
Due after more than one year
Directors loan account - 22,435
14,204 45,862
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 31,895 51,963
Bank loans and overdrafts 8,553 1,750
Other taxes and social security 3,410 3,410
VAT 11,887 8,841
Directors' loan accounts - 6,000
55,745 71,964
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 2,565
Other loans - 109,866
Hire Purchases 81,795 15,228
Directors loan account 19,054 17,315
Bounce Back Loan 19,911 29,923
120,760 174,897
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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