REGISTERED NUMBER: 00679779 (England and Wales)

CLARMAN ENGINEERING COMPANY LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M R Weston Smith

SECRETARY:

M R Weston Smith

REGISTERED OFFICE:

Chartley House

Rising Lane

Knowle

Solihull

West Midlands

B93 0DB

REGISTERED NUMBER:

00679779 (England and Wales)

ACCOUNTANTS:

Charles Lovell & Co Limited

Chartered Certified Accountants

and Statutory Auditors

8 Church Green East

Redditch

Worcestershire

B98 8BP

FIXED ASSETS

Investments

4

935,990

711,817

CURRENT ASSETS

Cash at bank

19,107

131,427

CREDITORS

Amounts falling due within one year

5

600

625

NET CURRENT ASSETS

18,507

130,802

TOTAL ASSETS LESS CURRENT LIABILITIES

954,497

842,619

PROVISIONS FOR LIABILITIES

159,347

135,463

NET ASSETS

795,150

707,156

CAPITAL AND RESERVES

Called up share capital

6

960

960

Retained earnings

7

794,190

706,196

SHAREHOLDERS' FUNDS

795,150

707,156

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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 8 September 2025 and were signed by:

M R Weston Smith - Director

1.	STATUTORY INFORMATION

Clarman Engineering Company 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.

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 as modified by the revaluation of certain assets.

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.

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.

Listed investments

Listed investments are stated at fair value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 January 2024

711,817

Additions

128,636

Revaluations

95,537

At 31 December 2024

935,990

NET BOOK VALUE

At 31 December 2024

935,990

At 31 December 2023

711,817

Cost or valuation at 31 December 2024 is represented by:

Other

investments

£

Valuation in 2024

637,388

Cost

298,602

935,990

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Taxation and social security

-

610

Other creditors

600

15

600

625

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

960

Ordinary

£1

960

960

7.

RESERVES

Retained

earnings

£

At 1 January 2024

706,196

Profit for the year

87,994

At 31 December 2024

794,190

8.	ULTIMATE PARENT COMPANY

Weston Smith Holdings Limited is regarded by the director as being the ultimate parent company.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M R Weston Smith.