Company Registration No. 09824646 (England and Wales)
Clockhouse Property Ltd
Unaudited accounts
for the year ended 31 October 2024
Clockhouse Property Ltd
Unaudited accounts
Contents
Clockhouse Property Ltd
Company Information
for the year ended 31 October 2024
Directors
Dr Michael Watson
Mr Paul Watson
Company Number
09824646 (England and Wales)
Registered Office
CLOCKHOUSE BARN CLOCKHOUSE LANE
LITTLE STONHAM
STOWMARKET
SUFFOLK
IP14 5JP
ENGLAND
Clockhouse Property Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
899,420
542,040
Inventories
257,401
190,085
Cash at bank and in hand
17,196
15,977
Creditors: amounts falling due within one year
(734,137)
(341,749)
Net current liabilities
(455,362)
(133,947)
Total assets less current liabilities
444,058
408,093
Provisions for liabilities
Deferred tax
(3,820)
(3,820)
Net assets
440,238
404,273
Called up share capital
100
100
Revaluation reserve
44,804
44,804
Profit and loss account
395,334
359,369
Shareholders' funds
440,238
404,273
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 11 July 2025 and were signed on its behalf by
Mr Paul Watson
Director
Company Registration No. 09824646
Clockhouse Property Ltd
Notes to the Accounts
for the year ended 31 October 2024
Clockhouse Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 09824646. The registered office is CLOCKHOUSE BARN CLOCKHOUSE LANE, LITTLE STONHAM, STOWMARKET, SUFFOLK, IP14 5JP, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At valuation
At cost
At 1 November 2023
540,000
8,438
548,438
Additions
291,073
40,000
331,073
Revaluations
44,804
-
44,804
Disposals
(12,500)
-
(12,500)
At 31 October 2024
863,377
48,438
911,815
At 1 November 2023
-
6,398
6,398
Charge for the year
-
5,997
5,997
At 31 October 2024
-
12,395
12,395
At 31 October 2024
863,377
36,043
899,420
At 31 October 2023
540,000
2,040
542,040
Clockhouse Property Ltd
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Accrued income and prepayments
4,178
1,740
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
4,000
4,000
Taxes and social security
10,027
39,356
Other creditors
1,009
12,500
Loans from directors
719,691
282,509
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Average number of employees
During the year the average number of employees was 0 (2023: 0).