Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-31false2023-11-01falseNo description of principal activity33truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07383836 2023-11-01 2024-10-31 07383836 2022-11-01 2023-10-31 07383836 2024-10-31 07383836 2023-10-31 07383836 c:Director3 2023-11-01 2024-10-31 07383836 d:OfficeEquipment 2023-11-01 2024-10-31 07383836 d:OfficeEquipment 2024-10-31 07383836 d:OfficeEquipment 2023-10-31 07383836 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 07383836 d:CurrentFinancialInstruments 2024-10-31 07383836 d:CurrentFinancialInstruments 2023-10-31 07383836 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 07383836 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 07383836 d:ShareCapital 2024-10-31 07383836 d:ShareCapital 2023-10-31 07383836 d:RetainedEarningsAccumulatedLosses 2024-10-31 07383836 d:RetainedEarningsAccumulatedLosses 2023-10-31 07383836 c:OrdinaryShareClass1 2023-11-01 2024-10-31 07383836 c:OrdinaryShareClass1 2024-10-31 07383836 c:OrdinaryShareClass2 2023-11-01 2024-10-31 07383836 c:OrdinaryShareClass2 2024-10-31 07383836 c:OrdinaryShareClass2 2023-10-31 07383836 c:FRS102 2023-11-01 2024-10-31 07383836 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 07383836 c:FullAccounts 2023-11-01 2024-10-31 07383836 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 07383836 2 2023-11-01 2024-10-31 07383836 6 2023-11-01 2024-10-31 07383836 e:PoundSterling 2023-11-01 2024-10-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07383836









CLIFFORD INVESTMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2024

 
CLIFFORD INVESTMENTS LIMITED
REGISTERED NUMBER: 07383836

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
103

Investments
 5 
165,504
163,906

  
165,504
164,009

Current assets
  

Stocks
 6 
3,200
3,200

Debtors: amounts falling due within one year
 7 
761,941
811,941

Cash at bank and in hand
 8 
42,970
9,034

  
808,111
824,175

Creditors: amounts falling due within one year
 9 
(94,323)
(107,849)

Net current assets
  
 
 
713,788
 
 
716,326

Total assets less current liabilities
  
879,292
880,335

  

Net assets
  
879,292
880,335


Capital and reserves
  

Called up share capital 
 10 
100
1

Profit and loss account
  
879,192
880,334

  
879,292
880,335


Page 1

 
CLIFFORD INVESTMENTS LIMITED
REGISTERED NUMBER: 07383836
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




M Thorley
Director

Date: 12 August 2025

The notes on pages 8 to 13 form part of these financial statements.

Page 2

 
CLIFFORD INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
CLIFFORD INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
25%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 4

 
CLIFFORD INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Page 5

 
CLIFFORD INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 November 2023
4,788



At 31 October 2024

4,788



Depreciation


At 1 November 2023
4,684


Charge for the year on owned assets
104



At 31 October 2024

4,788



Net book value



At 31 October 2024
-


5.


Fixed asset investments





Investments in participating interests

£



Cost or valuation


At 1 November 2023
163,906


Revaluations
11,408


Transfers intra group
(9,810)



At 31 October 2024
165,504




Page 6

 
CLIFFORD INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

6.


Stocks

2024
2023
£
£

Goods held for sale
3,200
3,200

3,200
3,200



7.


Debtors

2024
2023
£
£


Other debtors
761,941
811,941

761,941
811,941



8.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
42,970
9,034

42,970
9,034



9.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
52,007
42,232

Other taxation and social security
33,894
34,341

Other creditors
22
22,876

Accruals and deferred income
8,400
8,400

94,323
107,849


Page 7

 
CLIFFORD INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



5 (2023 - 0 ) A Ordinary shares of £1.00 each
5
-
95 (2023 - 1) Ordinary shares of £1.00 each
95
1

100

1


During the period 99 Ordinary shares were allotted. Following which, 5 Ordinary shares were redesignates as A Ordinary shares. Eash share class ranks pari passau upon winding up of the company. 

 
Page 8