CLIFTON AUTO ELECTRICAL & DIESEL LIMITED

Company Registration Number:
07076642 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

CLIFTON AUTO ELECTRICAL & DIESEL LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

CLIFTON AUTO ELECTRICAL & DIESEL LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 41,210 68,412
Total fixed assets: 41,210 68,412
Current assets
Stocks: 63,941 68,226
Debtors:   300,716 244,414
Cash at bank and in hand: 220,388 188,984
Total current assets: 585,045 501,624
Creditors: amounts falling due within one year:   (111,264) (116,962)
Net current assets (liabilities): 473,781 384,662
Total assets less current liabilities: 514,991 453,074
Provision for liabilities: (7,207) (13,810)
Total net assets (liabilities): 507,784 439,264
Capital and reserves
Called up share capital: 161 161
Profit and loss account: 507,623 439,103
Shareholders funds: 507,784 439,264

The notes form part of these financial statements

CLIFTON AUTO ELECTRICAL & DIESEL LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 September 2025
and signed on behalf of the board by:

Name: P V HANDLEY
Status: Director

The notes form part of these financial statements

CLIFTON AUTO ELECTRICAL & DIESEL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life. Plant and machinery - 25% on reducing balance Motor vehicles - 25% on cost Computer equipment - 33% on cost

Intangible fixed assets and amortisation policy

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, was amortised evenly over its estimated useful life of ten years.

Valuation and information policy

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items

Other accounting policies

Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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. 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. Pension costs and other post-retirement benefits The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

CLIFTON AUTO ELECTRICAL & DIESEL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 4 4

CLIFTON AUTO ELECTRICAL & DIESEL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 159,975
Additions 1,195
At 31 December 2024 161,170
Depreciation
At 01 January 2024 91,563
Charge for year 28,397
At 31 December 2024 119,960
Net book value
At 31 December 2024 41,210
At 31 December 2023 68,412