Company Registration No. 1032135 (England and Wales)
H.G.Clewer Limited
Unaudited accounts
for the year ended 31 August 2024
H.G.Clewer Limited
Unaudited accounts
Contents
H.G.Clewer Limited
Company Information
for the year ended 31 August 2024
Company Number
1032135 (England and Wales)
Registered Office
Westfield Walk Pharmacy
Westfield Walk
Leominster
Herefordshire
HR6 8HD
England
Accountants
Armstrong Rogers & Co
45 Etnam Street
Leominster
Herefordshire
HR6 8AE
H.G.Clewer Limited
Statement of financial position
as at 31 August 2024
Tangible assets
282,368
285,973
Inventories
93,133
115,940
Cash at bank and in hand
80,693
178,979
Creditors: amounts falling due within one year
(329,240)
(350,173)
Net current assets
68,966
187,579
Net assets
351,334
473,552
Called up share capital
180,100
180,100
Revaluation reserve
142,860
142,860
Profit and loss account
28,374
150,592
Shareholders' funds
351,334
473,552
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and authorised for issue on 4 June 2025 and were signed on its behalf by
Mrs S A Rowberry
Director
Company Registration No. 1032135
H.G.Clewer Limited
Notes to the Accounts
for the year ended 31 August 2024
H.G.Clewer Limited is a private company, limited by shares, registered in England and Wales, registration number 1032135. The registered office is Westfield Walk Pharmacy, Westfield Walk, Leominster, Herefordshire, HR6 8HD, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
5% Reducing Balance Basis
Motor vehicles
25% Reducing Balance Basis
Fixtures & fittings
15% Reducing Balance Basis
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
WS & B Rees (Chemists) Limited
This Company is associated for taxation purposes; there are no shares held by either Company of the other.
H.G.Clewer Limited
Notes to the Accounts
for the year ended 31 August 2024
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
388,991
21,641
17,580
428,212
At 31 August 2024
388,991
21,641
17,580
428,212
At 1 September 2023
114,637
15,364
12,238
142,239
Charge for the year
1,234
1,570
801
3,605
At 31 August 2024
115,871
16,934
13,039
145,844
At 31 August 2024
273,120
4,707
4,541
282,368
At 31 August 2023
274,354
6,277
5,342
285,973
The Freehold Land and Buildings were revalued by the Directors in August 2017 at £345,000, on the basis of open market value. If the freehold land and buildings were sold at the carrying amount in the balance sheet the amount of corporation tax would be £Nil (2016: Nil).
Amounts falling due within one year
Trade debtors
195,743
183,515
Other debtors
28,637
59,318
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
225,754
204,656
Taxes and social security
5,819
7,339
Loans from directors
93,642
127,422
7
Transactions with related parties
Included in Creditors - Amounts falling due within one year is an amount of £175 (2023: £175) due to WS & B Rees (Chemists) Limited a company in which Mrs S A Rowberry is the sole director and controlling shareholder.
Included in Creditors - Amounts falling due within one year is an amount of £93,642 (2023: £127,422) due to a Director and Shareholder, Mrs S A Rowberry, in respect of her current account.
The Company is under the control of Mrs S A Rowberry, who is sole director and owns 100% of the issued share capital.
H.G.Clewer Limited
Notes to the Accounts
for the year ended 31 August 2024
9
Average number of employees
During the year the average number of employees was 27 (2023: 27).