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Company Registration No. 01046138 (England and Wales)
CLARKE CABLE LIMITED Unaudited accounts for the year ended 31 December 2024
CLARKE CABLE LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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CLARKE CABLE LIMITED Company Information for the year ended 31 December 2024
Directors
Julian Baseley Timothy Hopper
Company Number
01046138 (England and Wales)
Registered Office
EATON BANK TRADING ESTATE VAREY ROAD CONGLETON CHESHIRE CW12 1PJ
Accountants
Paul Austen Associates Ltd Riverside Mountbatten Way Congleton Cheshire CW12 1DY
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CLARKE CABLE LIMITED Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
640,739
651,737
Current assets
Inventories
187,059
219,843
Debtors
5
198,349
241,991
Cash at bank and in hand
456
(164,430)
385,864
297,404
Creditors: amounts falling due within one year
6
(339,254)
(213,506)
Net current assets
46,610
83,898
Total assets less current liabilities
687,349
735,635
Creditors: amounts falling due after more than one year
7
(893,079)
(888,780)
Net liabilities
(205,730)
(153,145)
Capital and reserves
Called up share capital
8
306,700
160,050
Revaluation reserve
534,681
534,681
Profit and loss account
(1,047,111)
(847,876)
Shareholders' funds
(205,730)
(153,145)
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 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 4 September 2025 and were signed on its behalf by
Julian Baseley Director Company Registration No. 01046138
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CLARKE CABLE LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
CLARKE CABLE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 01046138. The registered office is EATON BANK TRADING ESTATE, VAREY ROAD, CONGLETON, CHESHIRE, CW12 1PJ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. The company has adopted a policy of revaluation for Plant and machinery to closer reflect values of tooling. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
depreciation on tooling and machinery at 0.5% to 1% to reflect market value
Fixtures & fittings
20% to 50% straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
43,112
707,576
37,043
787,731
Additions
6,490
33,370
6,989
46,849
Disposals
(5,605)
(49,601)
(24,154)
(79,360)
At 31 December 2024
43,997
691,345
19,878
755,220
Depreciation
At 1 January 2024
24,950
81,855
29,189
135,994
Charge for the year
6,212
23,979
4,412
34,603
On disposals
(5,605)
(26,357)
(24,154)
(56,116)
At 31 December 2024
25,557
79,477
9,447
114,481
Net book value
At 31 December 2024
18,440
611,868
10,431
640,739
At 31 December 2023
18,162
625,721
7,854
651,737
Plant and Machinery and Tooling largely fully depreciated were revalued in year ended 2018 to reflect market rate achievable for the plant and tooling - it is this market rate that is now reflected as the revalued amount in the accounts with depreciation brought forward re-based from the valuation date.
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CLARKE CABLE LIMITED Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024
2023
£
£
Amounts falling due within one year
Trade debtors
143,277
201,130
Accrued income and prepayments
53,937
35,769
Other debtors
1,135
5,092
198,349
241,991
6
Creditors: amounts falling due within one year
2024
2023
£
£
VAT
43,682
41,552
Trade creditors
142,535
141,929
Taxes and social security
38,293
25,525
Other creditors
109,929
-
Accruals
4,815
4,500
339,254
213,506
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
15,385
25,356
Amounts owed to group undertakings and other participating interests
53,760
59,417
Loans from directors
823,934
804,007
893,079
888,780
8
Share capital
2024
2023
£
£
Allotted, called up and fully paid:
306,700 Ordinary shares of £1 each
306,700
160,050
Shares issued during the period:
146,650 Ordinary shares of £1 each
146,650
9
Transactions with related parties
Loans From Directors: Amount owed to directors £823,934 (2022: £804,007
10
Average number of employees
During the year the average number of employees was 27 (2023: 27).
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