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REGISTERED NUMBER: 11768547 (England and Wales)















Financial Statements for the Year Ended 25 January 2025

for

Clover Commercial Property Limited

Clover Commercial Property Limited (Registered number: 11768547)






Contents of the Financial Statements
for the Year Ended 25 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Clover Commercial Property Limited

Company Information
for the Year Ended 25 January 2025







DIRECTOR: S M O'Grady





REGISTERED OFFICE: 116 Duke Street
Liverpool
Merseyside
L1 5JW





REGISTERED NUMBER: 11768547 (England and Wales)





ACCOUNTANTS: Cobham Murphy
116 Duke Street
Liverpool
Merseyside
L1 5JW

Clover Commercial Property Limited (Registered number: 11768547)

Balance Sheet
25 January 2025

25.1.25 25.1.24
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 794,088 794,088

CURRENT ASSETS
Debtors 5 281 244
Cash at bank 30,182 722
30,463 966
CREDITORS
Amounts falling due within one year 6 566,347 427,707
NET CURRENT LIABILITIES (535,884 ) (426,741 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

258,204

367,347

CREDITORS
Amounts falling due after more than one
year

7

108,959

246,373
NET ASSETS 149,245 120,974

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 149,145 120,874
SHAREHOLDERS' FUNDS 149,245 120,974

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 25 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 25 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Clover Commercial Property Limited (Registered number: 11768547)

Balance Sheet - continued
25 January 2025


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 director and authorised for issue on 5 August 2025 and were signed by:





S M O'Grady - Director


Clover Commercial Property Limited (Registered number: 11768547)

Notes to the Financial Statements
for the Year Ended 25 January 2025

1. STATUTORY INFORMATION

Clover Commercial Property 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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
Other loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

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.


Clover Commercial Property Limited (Registered number: 11768547)

Notes to the Financial Statements - continued
for the Year Ended 25 January 2025

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 26 January 2024
and 25 January 2025 794,088
NET BOOK VALUE
At 25 January 2025 794,088
At 25 January 2024 794,088

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
25.1.25 25.1.24
£    £   
Other debtors 281 244

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
25.1.25 25.1.24
£    £   
Bank loans and overdrafts 57,585 57,585
Amounts owed to group undertakings 504,050 291,550
Taxation and social security - 73,897
Other creditors 4,712 4,675
566,347 427,707

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
25.1.25 25.1.24
£    £   
Bank loans 108,959 246,373

Clover Commercial Property Limited (Registered number: 11768547)

Notes to the Financial Statements - continued
for the Year Ended 25 January 2025

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
25.1.25 25.1.24
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 16,034

8. SECURED DEBTS

The following secured debts are included within creditors:

25.1.25 25.1.24
£    £   
Aldermore Bank PLC 166,543 303,957

Included within other creditors is a balance of £166,543 (2024 £303,957) owing to Aldermore Bank PLC. The debt is secured by a fixed charge over the investment property.

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 25 January 2025 and the period ended 25 January 2024:

25.1.25 25.1.24
£    £   
S M O'Grady
Balance outstanding at start of year (11 ) (11 )
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (11 ) (11 )

10. RELATED PARTY DISCLOSURES

Included in creditors at year end is £429,050 (2024: £95,975.16) owing to Clover Holdings Limited, the parent company, which is controlled by Mr S M O'Grady.

Included in creditors at year is £75,000 (2024: NIL) owing to Clover Truck and Plant Hire Limited, a company that is controlled by Mr S M O'Grady, by virtue of his shareholding in Clover Holdings Limited, the parent company of Clover Truck and Plant Hire Limited.