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REGISTERED NUMBER: 01226904 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

CLARKE AND WHEELER LIMITED

CLARKE AND WHEELER LIMITED (REGISTERED NUMBER: 01226904)






Contents of the Financial Statements
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CLARKE AND WHEELER LIMITED

Company Information
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: J Clarke
Mrs M Clarke





SECRETARY: J Clarke





REGISTERED OFFICE: The Granary
High Street
Turvey
Bedfordshire
MK43 8DB





REGISTERED NUMBER: 01226904 (England and Wales)





ACCOUNTANTS: Cox & Co. (Accountancy) Limited
Chartered Accountants
The Granary
High Street
Turvey
Bedford
Bedfordshire
MK43 8DB

CLARKE AND WHEELER LIMITED (REGISTERED NUMBER: 01226904)

Balance Sheet
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 401,594 401,635

CURRENT ASSETS
Debtors 5 4,950 6,400
Cash at bank 15,030 3,066
19,980 9,466
CREDITORS
Amounts falling due within one year 6 8,555 7,996
NET CURRENT ASSETS 11,425 1,470
TOTAL ASSETS LESS CURRENT
LIABILITIES

413,019

403,105

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 7 369,048 369,048
Retained earnings 43,871 33,957
SHAREHOLDERS' FUNDS 413,019 403,105

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 21 May 2025 and were signed on its behalf by:





J Clarke - Director


CLARKE AND WHEELER LIMITED (REGISTERED NUMBER: 01226904)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Clarke and Wheeler 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.

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rents receivable from property excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 2% on cost

Freehold properties are treated as investment properties.
No depreciation is provided in respect of freehold properties. This represents a departure from statutory accounting principles, which require depreciation to be provided on all fixed assets. The directors consider that the policy is necessary in order that the financial statements may give a true and fair view, because current values and changes in current values are of prime importance rather than the calculation of systematic annual depreciation. Depreciation is only one of many factors reflected in the valuation and the amount which might otherwise have been shown cannot be separately indemnified or quantified. The Directors consider the valuation in the accounts to be the open market value at the Balance Sheet date.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

CLARKE AND WHEELER LIMITED (REGISTERED NUMBER: 01226904)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 October 2023
and 30 September 2024 400,000 2,972 402,972
DEPRECIATION
At 1 October 2023 - 1,337 1,337
Charge for year - 41 41
At 30 September 2024 - 1,378 1,378
NET BOOK VALUE
At 30 September 2024 400,000 1,594 401,594
At 30 September 2023 400,000 1,635 401,635

Cost or valuation at 30 September 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 1997 87,949 - 87,949
Valuation in 2015 281,099 - 281,099
Cost 30,952 2,972 33,924
400,000 2,972 402,972

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 100 1,150
Other debtors 4,850 5,250
4,950 6,400

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 6,499 5,957
Other creditors 2,056 2,039
8,555 7,996

7. RESERVES
Revaluation
reserve
£   
At 1 October 2023
and 30 September 2024 369,048