REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 March 2025 |
for |
Clawhill Properties Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 March 2025 |
for |
Clawhill Properties Limited |
Clawhill Properties Limited (Registered number: 12541917) |
Contents of the Financial Statements |
for the Year Ended 31 March 2025 |
Page |
Balance Sheet | 1 |
Notes to the Financial Statements | 3 |
Clawhill Properties Limited (Registered number: 12541917) |
Balance Sheet |
31 March 2025 |
31.3.25 | 31.3.24 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investment property | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Fair value reserve | 9 | ( |
) |
Retained earnings | ( |
) | ( |
) |
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. |
Clawhill Properties Limited (Registered number: 12541917) |
Balance Sheet - continued |
31 March 2025 |
The financial statements were approved by the Board of Directors and authorised for issue on |
Clawhill Properties Limited (Registered number: 12541917) |
Notes to the Financial Statements |
for the Year Ended 31 March 2025 |
1. | STATUTORY INFORMATION |
Clawhill Properties Limited is a |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
Plant and machinery etc | - |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Financial instruments |
The company holds the following financial instruments: |
- Short term debtors and creditors; |
- Bank loans; and |
- Cash and bank balances. |
All financial instruments are classified as basic. |
The company has chosen to apply the recognition and measurement principles in FRS102. |
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company's obligations are discharged, expire or are cancelled. |
Except for bank loans, such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments. |
Bank loans are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method. |
Clawhill Properties Limited (Registered number: 12541917) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2025 |
2. | ACCOUNTING POLICIES - continued |
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 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 April 2024 |
and 31 March 2025 |
DEPRECIATION |
At 1 April 2024 |
and 31 March 2025 |
NET BOOK VALUE |
At 31 March 2025 |
Clawhill Properties Limited (Registered number: 12541917) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2025 |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 April 2024 |
Additions |
Revaluations | (82,660 | ) |
At 31 March 2025 |
NET BOOK VALUE |
At 31 March 2025 |
At 31 March 2024 |
Fair value at 31 March 2025 is represented by: |
£ |
Valuation in 2022 | 4,000 |
Valuation in 2023 | (64,000 | ) |
Valuation in 2024 | 128,620 |
Valuation in 2025 | (82,660 | ) |
Cost | 5,054,040 |
5,040,000 |
If investment properties had not been revalued they would have been included at the following historical cost: |
31.3.25 | 31.3.24 |
£ | £ |
Cost | 5,054,040 | 5,036,380 |
Investment properties were valued on an open market basis on 31 March 2025 by the director . |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.25 | 31.3.24 |
£ | £ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.25 | 31.3.24 |
£ | £ |
Payments on account |
Other creditors |
Clawhill Properties Limited (Registered number: 12541917) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2025 |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.3.25 | 31.3.24 |
£ | £ |
Bank loans |
Other creditors |
9. | RESERVES |
Fair |
value |
reserve |
£ |
At 1 April 2024 |
Transfer from P&L reserve | (82,660 | ) |
Deferred Tax Provision | 17,155 |
At 31 March 2025 | ( |
) |