CLAEG LTD
Registered number: 10103630
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Investments 2 1,535,059 1,535,059
Current assets
Cash at bank and in hand 187 155
Creditors: amounts falling due within one year 3 (106,675) (109,078)
Net current liabilities (106,488) (108,923)
Total assets less current liabilities 1,428,571 1,426,136
Creditors: amounts falling due after more than one year 4 (575,077) (666,082)
Net assets 853,494 760,054
Capital and reserves
Called up share capital 1 1
Profit and loss account 853,493 760,053
Shareholders' funds 853,494 760,054
Average number of Employees - -
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr T Strivens
Director
Approved by the board on 4 March 2025
CLAEG LTD
Notes to the Accounts
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investments
Investments in unquoted equity instruments are measured at fair value. Changes in fair value are recognised in profit or loss. Fair value is estimated by using a valuation technique.
2 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 February 2024 1,535,059
At 31 January 2025 1,535,059
3 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 534 660
Amounts owed to group undertakings and undertakings in which the company has a participating interest 6,109 8,409
Corporation tax 36 13
Other creditors 99,996 99,996
106,675 109,078
4 Creditors: amounts falling due after one year 2025 2024
£ £
Directors Loan 91,507 82,516
Other creditors 483,570 583,566
575,077 666,082
5 Controlling party
The controlling party is Mr T Strivens due to his 51% shareholding.
6 Other information
CLAEG LTD is a private company limited by shares and incorporated in England. Its registered office is:
Glaven Farm Barn
Thornage road
Letheringsett
Norfolk NR25 7JE
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