Acorah Software Products - Accounts Production 16.1.300 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 06476343 M E Clark A Cross true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06476343 2023-12-31 06476343 2024-12-31 06476343 2024-01-01 2024-12-31 06476343 frs-core:CurrentFinancialInstruments 2024-12-31 06476343 frs-core:ShareCapital 2024-12-31 06476343 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 06476343 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 06476343 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 06476343 frs-bus:SmallEntities 2024-01-01 2024-12-31 06476343 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 06476343 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 06476343 1 2024-01-01 2024-12-31 06476343 frs-core:ListedExchangeTraded 2024-12-31 06476343 frs-core:ListedExchangeTraded 2023-12-31 06476343 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-12-31 06476343 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-12-31 06476343 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-12-31 06476343 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-12-31 06476343 frs-bus:Director1 2024-01-01 2024-12-31 06476343 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 06476343 frs-countries:EnglandWales 2024-01-01 2024-12-31 06476343 2022-12-31 06476343 2023-12-31 06476343 2023-01-01 2023-12-31 06476343 frs-core:CurrentFinancialInstruments 2023-12-31 06476343 frs-core:ShareCapital 2023-12-31 06476343 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 06476343
Clark Estates (Holdings) Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 06476343
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 50,010 50,010
50,010 50,010
CURRENT ASSETS
Debtors 5 3,068,820 3,068,820
3,068,820 3,068,820
NET CURRENT ASSETS (LIABILITIES) 3,068,820 3,068,820
TOTAL ASSETS LESS CURRENT LIABILITIES 3,118,830 3,118,830
NET ASSETS 3,118,830 3,118,830
CAPITAL AND RESERVES
Called up share capital 6 135,000 135,000
Profit and Loss Account 2,983,830 2,983,830
SHAREHOLDERS' FUNDS 3,118,830 3,118,830
For the year ending 31 December 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 director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
M E Clark
Director
01/08/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Clark Estates (Holdings) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06476343 . The registered office is Link House, 25 West Street , Poole, Dorset, BH15 1LD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
These financial statements have been prepared on a going concern basis. The directors, having considered the financial position of the Company for a period of at least twelve months from the date of signing these financial statements, have no reason to believe that a material uncertainty exists that may cast doubt about the ability of the Company to continue as a going concern.
Accordingly the directors have a reasonable expectation that the Company will continue in operational existence and thus they adopt the going concern basis of accounting in preparing the financial statements.
2.3. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Fixed Asset Investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
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Page 3
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Investments
Listed
£
Cost
As at 1 January 2024 50,010
As at 31 December 2024 50,010
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 50,010
As at 1 January 2024 50,010
Investments consist of shares in group undertakings and participating interests. 
5. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 3,068,820 3,068,820
Amounts owed by group undertakings are interest free and payable on demand.
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 135,000 135,000
7. Related Party Transactions
The Company has taken advantage of the exemption available in accordance with section 33 of FRS102 not to disclose transactions entered into between two or more members of a group, on the basis that it's subsidiaries are wholly owned.
8. Ultimate Controlling Party
The Company is ultimately owned and controlled by two family trusts - SJ Clark 15 July 1995 Settlement Trust and LJ Clark 9 July 1987 Settlement Trust. The directors control the day to day activity of the Company.
Page 3