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REGISTERED NUMBER: 02589493 (England and Wales)















Financial Statements for the Year Ended 31 October 2024

for

CLAYBROOK GROUP LIMITED

CLAYBROOK GROUP LIMITED (REGISTERED NUMBER: 02589493)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 OCTOBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CLAYBROOK GROUP LIMITED

Company Information
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: H Weiss
H Lament
S Cohen





SECRETARY: H Lament





REGISTERED OFFICE: 12a Sun Street
Waltham Abbey
Essex
EN9 1EE





REGISTERED NUMBER: 02589493 (England and Wales)





ACCOUNTANTS: Diverset Limited
Chartered Accountants
Ferrari House
258 Field End Road
Ruislip
Middlesex
HA4 9UU

CLAYBROOK GROUP LIMITED (REGISTERED NUMBER: 02589493)

Balance Sheet
31 OCTOBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 59,442 69,442
59,442 69,442

CURRENT ASSETS
Stocks 1,917,048 1,892,590
Debtors 6 96,845 74,686
Cash in hand 10,297 12,784
2,024,190 1,980,060
CREDITORS
Amounts falling due within one year 7 1,163,580 1,060,606
NET CURRENT ASSETS 860,610 919,454
TOTAL ASSETS LESS CURRENT LIABILITIES 920,052 988,896

CREDITORS
Amounts falling due after more than one
year

8

(32,667

)

(77,583

)

PROVISIONS FOR LIABILITIES (14,861 ) (17,361 )
NET ASSETS 872,524 893,952

CAPITAL AND RESERVES
Called up share capital 10 99,838 155,198
Share premium 82,157 82,157
Capital redemption reserve 79,315 23,955
Retained earnings 611,214 632,642
SHAREHOLDERS' FUNDS 872,524 893,952

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

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

CLAYBROOK GROUP LIMITED (REGISTERED NUMBER: 02589493)

Balance Sheet - continued
31 OCTOBER 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 12 June 2025 and were signed on its behalf by:





S Cohen - Director


CLAYBROOK GROUP LIMITED (REGISTERED NUMBER: 02589493)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 OCTOBER 2024


1. STATUTORY INFORMATION

Claybrook Group 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.

The directors have concluded that the company is and remains a going concern based on their business forecast and directors support.

Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, has been fully 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - Straight line over the lease period
Plant and machinery etc - 15% on reducing balance

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.


CLAYBROOK GROUP LIMITED (REGISTERED NUMBER: 02589493)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


2. ACCOUNTING POLICIES - continued
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
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 31 (2023 - 41 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2023
and 31 October 2024 47,000
AMORTISATION
At 1 November 2023
and 31 October 2024 47,000
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 -

CLAYBROOK GROUP LIMITED (REGISTERED NUMBER: 02589493)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2023 76,383 656,351 732,734
Additions - 546 546
At 31 October 2024 76,383 656,897 733,280
DEPRECIATION
At 1 November 2023 76,382 586,910 663,292
Charge for year - 10,546 10,546
At 31 October 2024 76,382 597,456 673,838
NET BOOK VALUE
At 31 October 2024 1 59,441 59,442
At 31 October 2023 1 69,441 69,442

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 14,400 -
Other debtors 82,445 74,686
96,845 74,686

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 581,006 553,458
Trade creditors 452,463 375,269
Taxation and social security 63,610 73,616
Other creditors 66,501 58,263
1,163,580 1,060,606

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 32,667 77,583

CLAYBROOK GROUP LIMITED (REGISTERED NUMBER: 02589493)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdrafts 532,006 504,458
CBILS 81,666 126,583
613,672 631,041

The bank overdraft balances are subject to a right of set off against positive balances.

The bank overdraft balances and loans are secured by mortgage debenture and limited personal guarantees from H Weiss and H Lament and S Cohen.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
99,838 Ordinary £1 99,838 99,838
55,360 A Ordinary £1 - 55,360
99,838 155,198

All ordinary shares, of whatever class, rank equally in all respects.

During the year, the company purchased 55,360 Ordinary A shares from H Weiss for £55,360 and cancelled them. This has reduced the share capital and been transferred to the capital redemption reserve.