2023-09-01 05542344 2024-08-31 05542344 2023-09-01 2024-08-31 05542344 2023-08-31 05542344 2022-09-01 2023-08-31 05542344 uk-core:WithinOneYear 2023-08-31 05542344 uk-core:WithinOneYear 2024-08-31 05542344 uk-core:ShareCapital 2024-08-31 05542344 uk-core:ShareCapital 2023-08-31 05542344 uk-core:RetainedEarningsAccumulatedLosses 2024-08-31 05542344 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 05542344 uk-bus:Director1 2023-09-01 2024-08-31 05542344 uk-core:NetGoodwill 2023-09-01 2024-08-31 05542344 uk-core:FurnitureFittings 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure 05542344 uk-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 05542344 uk-bus:FRS102 2023-09-01 2024-08-31 05542344 uk-bus:FilletedAccounts 2023-09-01 2024-08-31 05542344 uk-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31
Clock Workshop (West Kirby) Ltd
Registered Number:05542344
For the year ended 31 August 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 August 2024
Clock Workshop (West Kirby) Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
05542344
As at 31 August 2024
Clock Workshop (West Kirby) Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
278
9
2
278
9
Current assets
Inventories
3,000
3,000
3
15,013
Cash and cash equivalents
16,212
19,212
18,013
Trade and other payables: amounts falling due within one year
(3,872)
(2,912)
4
14,141
16,300
Net current assets
Total assets less current liabilities
16,578
14,150
16,578
Net assets
14,150
Capital and reserves
Called up share capital
1
1
Retained earnings
16,577
14,149
16,578
14,150
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Timothy Dundas Director
These financial statements were approved and authorised for issue by the Board on 13 May 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 August 2024
Clock Workshop (West Kirby) Ltd
Notes to the Financial Statements
Statutory Information
Clock Workshop (West Kirby) Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 05542344.
Registered address:
4 Grange Road
West Kirby
Wirral
CH48 4HA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of 5 years.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Fixtures and fittings
Inventories
Stocks 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 costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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5
For the year ended 31 August 2024
Clock Workshop (West Kirby) Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Fixtures and
fittings
£
Cost or valuation
At 01 September 2023
3,428
361
Additions
At 31 August 2024
3,789
Provision for depreciation and impairment
At 01 September 2023
3,419
Charge for year
92
At 31 August 2024
3,511
At 31 August 2024
Net book value
278
At 31 August 2023
9
3. Inventories
2023
2024
£
£
Stocks
3,000
3,000
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
618
586
Taxation and social security
788
1,578
Other creditors
1,506
1,708
2,912
3,872
5. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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