1 October 2023 false No description of principal activity Taxfiler 2024.6 05818656business:CompanyLimitedByGuarantee2023-10-012024-09-30 058186562023-09-30 058186562023-10-012024-09-30 05818656business:AuditExemptWithAccountantsReport2023-10-012024-09-30 05818656business:FilletedAccounts2023-10-012024-09-30 058186562024-09-30 05818656business:Director22023-10-012024-09-30 05818656business:Director32023-10-012024-09-30 05818656business:Director42023-10-012024-09-30 05818656business:Director52023-10-012024-09-30 05818656business:Director62023-10-012024-09-30 05818656business:RegisteredOffice2023-10-012024-09-30 058186562023-09-30 05818656core:WithinOneYear2024-09-30 05818656core:WithinOneYear2023-09-30 05818656core:InvestmentPropertiesRevaluationReservecore:PreviouslyStatedAmount2024-09-30 05818656core:InvestmentPropertiesRevaluationReservecore:PreviouslyStatedAmount2023-09-30 05818656core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 05818656core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 05818656core:PreviouslyStatedAmount2024-09-30 05818656core:PreviouslyStatedAmount2023-09-30 05818656business:SmallEntities2023-10-012024-09-30 05818656countries:EnglandWales2023-10-012024-09-30 05818656core:PlantMachinery2023-10-012024-09-30 05818656core:FurnitureFittings2023-10-012024-09-30 05818656core:ComputerEquipment2023-10-012024-09-30 05818656core:PlantMachinery2023-09-30 05818656core:FurnitureFittings2023-09-30 05818656core:ComputerEquipment2023-09-30 05818656core:PlantMachinery2024-09-30 05818656core:FurnitureFittings2024-09-30 05818656core:ComputerEquipment2024-09-30 05818656core:AdditionsToInvestments2024-09-30 05818656core:RevaluationsIncreaseDecreaseInInvestments2024-09-30 05818656core:OtherProvisionsContingentLiabilities2023-09-30 05818656core:OtherProvisionsContingentLiabilities2023-10-012024-09-30 05818656core:OtherProvisionsContingentLiabilities2024-09-30 058186562022-10-012023-09-30 iso4217:GBP xbrli:pure
Company Registration No. 05818656 (England and Wales)
Cleobury Country Limited Unaudited accounts for the year ended 30 September 2024
Cleobury Country Limited Unaudited accounts Contents
Page
- 2 -
Cleobury Country Limited Company Information for the year ended 30 September 2024
Directors
Simon Harris Christopher Kenneth Edwards Peter Roper William Withers Matthew Yarranton
Company Number
05818656 (England and Wales)
Registered Office
CLEOBURY COUNTRY CENTRE LOVE LANE CLEOBURY MORTIMER SHROPSHIRE DY14 8PE
Accountants
Numbers Matter Ltd The Brambles Farlow Kidderminster DY14 0RQ
- 3 -
Cleobury Country Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,266 
13,972 
Investments
84,949 
- 
95,215 
13,972 
Current assets
Inventories
250 
500 
Debtors
9,682 
3,915 
Cash at bank and in hand
11,607 
87,368 
21,539 
91,783 
Creditors: amounts falling due within one year
(9,970)
(19,614)
Net current assets
11,569 
72,169 
Total assets less current liabilities
106,784 
86,141 
Provisions for liabilities
Other provisions
(6,500)
- 
Net assets
100,284 
86,141 
Reserves
Fair value reserve
8,950 
- 
Profit and loss account
91,334 
86,141 
Members' funds
100,284 
86,141 
For the year ending 30 September 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 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 10 April 2025 and were signed on its behalf by
Simon Harris Director Company Registration No. 05818656
- 4 -
Cleobury Country Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Cleobury Country Limited is a private company, limited by guarantee, registered in England and Wales, registration number 05818656. The registered office is CLEOBURY COUNTRY CENTRE, LOVE LANE, CLEOBURY MORTIMER, SHROPSHIRE, DY14 8PE.
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 recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably. Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered. Rental income is recognised as the company's right to receive payment is established.
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
Fixtures & fittings
25% on cost
Computer equipment
33.3% on cost
- 5 -
Cleobury Country Limited Notes to the Accounts for the year ended 30 September 2024
Fixed Asset Investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in surplus or deficit. A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities. An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a longterm interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate. Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2023
7,950 
24,798 
925 
33,673 
Additions
- 
297 
- 
297 
At 30 September 2024
7,950 
25,095 
925 
33,970 
Depreciation
At 1 October 2023
7,950 
10,826 
925 
19,701 
Charge for the year
- 
4,003 
- 
4,003 
At 30 September 2024
7,950 
14,829 
925 
23,704 
Net book value
At 30 September 2024
- 
10,266 
- 
10,266 
At 30 September 2023
- 
13,972 
- 
13,972 
5
Investments
Other investments 
£ 
Valuation at 1 October 2023
- 
Additions
75,999 
Fair value adjustments
8,950 
Valuation at 30 September 2024
84,949 
Value of investment with Best Invest has increased by £8950 this financial year and a fair value reserve is held to account for market fluctuations
- 6 -
Cleobury Country Limited Notes to the Accounts for the year ended 30 September 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,682 
3,915 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,924 
1,312 
Trade creditors
3,353 
3,697 
Other creditors
- 
152 
Accruals
600 
6,118 
Deferred income
2,093 
8,335 
9,970 
19,614 
8
Provisions for liabilities
£ 
At 1 October 2023
- 
Additional provisions made during the period
6,500 
At 30 September 2024
6,500 
Funds held for Sinking fund
9
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
10
Pension commitments
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
11
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 7 -