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REGISTERED NUMBER: 10258595 (England and Wales)













CLAYDON CHELTENHAM LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024






CLAYDON CHELTENHAM LIMITED (REGISTERED NUMBER: 10258595)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 10


CLAYDON CHELTENHAM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTORS: G P Mcaleer
A J Ogden





REGISTERED OFFICE: Unit 6
Birchy Cross Business Centre
Tanworth-in-Arden
Solihull
West Midlands
B94 5DN





REGISTERED NUMBER: 10258595 (England and Wales)





ACCOUNTANTS: CUTTER & CO LTD
CHARTERED ACCOUNTANTS
3 Lyttleton Court
Birmingham Street
Halesowen
West Midlands
B63 3HN

CLAYDON CHELTENHAM LIMITED (REGISTERED NUMBER: 10258595)

BALANCE SHEET
31ST DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 105,207 123,257
Tangible assets 5 281,244 305,814
386,451 429,071

CURRENT ASSETS
Stocks 10,726 29,019
Debtors 6 35,763 174,681
Cash at bank and in hand 246,965 35,419
293,454 239,119
CREDITORS
Amounts falling due within one year 7 336,124 312,926
NET CURRENT LIABILITIES (42,670 ) (73,807 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

343,781

355,264

CREDITORS
Amounts falling due after more than one
year

8

37,097

71,964
NET ASSETS 306,684 283,300

CAPITAL AND RESERVES
Called up share capital 438,003 438,003
Share premium 2 2
Retained earnings (131,321 ) (154,705 )
SHAREHOLDERS' FUNDS 306,684 283,300

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

CLAYDON CHELTENHAM LIMITED (REGISTERED NUMBER: 10258595)

BALANCE SHEET - continued
31ST DECEMBER 2024


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 1st May 2025 and were signed on its behalf by:





A J Ogden - Director


CLAYDON CHELTENHAM LIMITED (REGISTERED NUMBER: 10258595)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024

1. STATUTORY INFORMATION

Claydon Cheltenham Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Revenue
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised to the extent that it is probable that economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods
Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
- the company has transferred the significant risks and rewards of ownership to the buyer;
- the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
- the amount of revenue can be measured reliably
- it is probable that the company will receive the consideration due under the transaction; and
- the costs incurred or to be incurred in respect of the transaction can be measured reliably.


Services
Revenue for services is recognised in the period in which the services are provided in accordance with the stage of completion of the service when all of the following conditions are satisfied:
- the amount of revenue can be measured reliably;
- it is probable that the company will receive consideration due under the service terms;
- the stage of completion of the service at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the service can be measured reliably.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website costs are being amortised evenly over their estimated useful life of five years.

CLAYDON CHELTENHAM LIMITED (REGISTERED NUMBER: 10258595)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

2. ACCOUNTING POLICIES - continued

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 10% on reducing balance
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer and office equipment - 20% on 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.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit and loss over the relevant period. The capital element of future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 17 (2023 - 17 ) .

CLAYDON CHELTENHAM LIMITED (REGISTERED NUMBER: 10258595)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1st January 2024 159,576 4,593 164,169
Disposals (2,766 ) - (2,766 )
At 31st December 2024 156,810 4,593 161,403
AMORTISATION
At 1st January 2024 37,234 3,678 40,912
Charge for year 15,889 248 16,137
Eliminated on disposal (853 ) - (853 )
At 31st December 2024 52,270 3,926 56,196
NET BOOK VALUE
At 31st December 2024 104,540 667 105,207
At 31st December 2023 122,342 915 123,257

5. TANGIBLE FIXED ASSETS
Computer
Improvements Fixtures and
to Plant and and office
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1st January 2024 182,827 267,165 38,061 21,937 509,990
Additions - 2,722 7,748 4,466 14,936
Disposals - - (7,646 ) - (7,646 )
At 31st December 2024 182,827 269,887 38,163 26,403 517,280
DEPRECIATION
At 1st January 2024 67,488 101,653 18,860 16,175 204,176
Charge for year 11,534 16,591 3,154 2,540 33,819
Eliminated on disposal - - (1,959 ) - (1,959 )
At 31st December 2024 79,022 118,244 20,055 18,715 236,036
NET BOOK VALUE
At 31st December 2024 103,805 151,643 18,108 7,688 281,244
At 31st December 2023 115,339 165,512 19,201 5,762 305,814

CLAYDON CHELTENHAM LIMITED (REGISTERED NUMBER: 10258595)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1st January 2024 122,387 - 122,387
Additions - 5,687 5,687
At 31st December 2024 122,387 5,687 128,074
DEPRECIATION
At 1st January 2024 21,251 - 21,251
Charge for year 10,113 853 10,966
At 31st December 2024 31,364 853 32,217
NET BOOK VALUE
At 31st December 2024 91,023 4,834 95,857
At 31st December 2023 101,136 - 101,136

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,908 14,734
Amounts owed by group undertakings 20,000 129,610
Other debtors 13,855 30,337
35,763 174,681

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,627 10,118
Hire purchase contracts 23,551 26,011
Taxation and social security 4,946 4,998
Other creditors 298,000 271,799
336,124 312,926

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 6,035 15,662
Hire purchase contracts 31,062 56,302
37,097 71,964

CLAYDON CHELTENHAM LIMITED (REGISTERED NUMBER: 10258595)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

9. OTHER FINANCIAL COMMITMENTS

The company has future operating lease commitments of £134,875 (2023: 154,375).

CLAYDON CHELTENHAM LIMITED (REGISTERED NUMBER: 10258595)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

10. RELATED PARTY DISCLOSURES

Beyond Dental Ltd

Claydon Cheltenham Ltd is controlled by the directors of Beyond Dental Ltd.

Management services were purchased from Beyond Dental Ltd to the value of £46,240 (2023: £33,073). At the year end £Nil (2023: £Nil) was owed to Beyond Dental Ltd for these purchases.

Management services were sold to Beyond Dental Ltd to the value of £Nil (2023: £841). At the year end £Nil (2023: £Nil) was owed for these sales.

During the year funds were loaned to Beyond Dental Limited and at the year end the company still owed £20,000 (2023: £3,253). No interest is being charged on the loan and no set repayment terms have been placed on it.

Beyond Leamington Ltd

Claydon Cheltenham Ltd is controlled by the directors of Beyond Leamington Ltd.

Management services were purchased from Beyond Leamington Ltd to the value of £7,932 (2023: £27,117). At the year end £Nil (2023: £Nil) was owed to Beyond Leamington Ltd for these purchases.

Management services were sold to Beyond Leamington Ltd to the value of £17,564 (2023: £37,114). At the year end £Nil (2023: £Nil) was owed for these sales.

During the year funds were loaned to Beyond Leamington Limited and at the year end the company still owed £Nil (2023: £15,914). No interest is being charged on the loan and no set repayment terms have been placed on it.

Beyond Solihull Ltd

Claydon Cheltenham Ltd is controlled by the directors of Beyond Solihull Ltd.

Management services were sold to Beyond Solihull Ltd to the value of £18,082 (2023: £Nil). At the year end £Nil (2023: £Nil) was owed for these sales.

During the year funds were loaned from Beyond Solihull Limited and at the year end the company still owed £Nil (2023: £4,543). No interest is being charged on the loan and no set repayment terms have been placed on it.

Xandercorp Ltd

Xandercorp Ltd is controlled by A J Ogden, a director of Claydon Cheltenham Ltd.

Consultancy services were purchased from Xandercorp Ltd to the value of £131,800 (2023: £38,853) At the year end £Nil (2023: £Nil) was owed to Xandercorp Ltd for these purchases.

McAleer Holdings Ltd

McAleer Holdings Ltd is controlled by G P McAleer, a director of Claydon Cheltenham Ltd.

Consultancy services were purchased from McAleer Holdings Ltd to the value of £119,000 (2023: £36,000). At the year end £Nil (2023: £Nil) was owed to McAleer Holdings Ltd for these purchases.

A J Ogden

A J Ogden is a director of Claydon Cheltenham Ltd.

CLAYDON CHELTENHAM LIMITED (REGISTERED NUMBER: 10258595)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

During a previous year funds were loaned from A Ogden and at the year end the company still owed £206 (2023: £206). No interest is being charged on the loan and no set repayment terms have been placed on it.

G P McAleer

G P McAleer is a director of Claydon Cheltenham Ltd.

During a previous year funds were loaned from G P McAleer and at the year end the company still owed £205 (2023: £205). No interest is being charged on the loan and no set repayment terms have been placed on it.

11. POST BALANCE SHEET EVENTS

These financial statements have been prepared on a going concern basis.

12. ULTIMATE CONTROLLING PARTY

The controlling party is A J Ogden and G P McAleer.