REGISTERED NUMBER: 10506415 (England and Wales)

CLARKE BANKS (GROUP) LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S J Wright

A R Melrose

REGISTERED OFFICE:

4 Navigation Court

Calder Park

Wakefield

West Yorkshire

WF2 7BJ

REGISTERED NUMBER:

10506415 (England and Wales)

AUDITORS:

DSC Accountants Ltd

Chartered Accountants

Statutory Auditors

Tattersall House

East Parade

Harrogate

North Yorkshire

HG1 5LT

FIXED ASSETS

Intangible assets

4

99,351

-

Tangible assets

5

82,366

109,832

Investments

6

8

8

181,725

109,840

CURRENT ASSETS

Debtors

7

982,745

2,086,507

Cash at bank

7,829

10,016

990,574

2,096,523

CREDITORS

Amounts falling due within one year

8

399,899

836,016

NET CURRENT ASSETS

590,675

1,260,507

TOTAL ASSETS LESS CURRENT LIABILITIES

772,400

1,370,347

CREDITORS

Amounts falling due after more than one year

9

(70,720

)

(89,716

)

PROVISIONS FOR LIABILITIES

(20,592

)

(27,458

)

NET ASSETS

681,088

1,253,173

CAPITAL AND RESERVES

Called up share capital

108

108

Retained earnings

680,980

1,253,065

681,088

1,253,173

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 Board of Directors and authorised for issue on 18 July 2025 and were signed on its behalf by:

A R Melrose - Director

1.	STATUTORY INFORMATION

Clarke Banks (Group) Ltd 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.

Preparation of consolidated financial statements

The financial statements contain information about Clarke Banks (Group) Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, Assent Building Compliance and Safety Group Limited, 4 Navigation Court, Calder Park, Wakefield, WF2 7BJ.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less accumulated amortisation and any accumulated impairment losses.

The software development meets the criteria for recognition as identifiable, separable, technically feasible with the intention to complete the asset and use or sell it, that it will generate probable future economic benefits, that the expenditure attributable can be reliably measured and that there are adequate technical financial and other resources to complete the development.

The software development will be amortised from the date that it is brought into use.

Tangible fixed assets

Tangible fixed assets are included at cost less accumulated depreciation. 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 etc. - 33% on cost and 20% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

99,351

At 31 December 2024

99,351

NET BOOK VALUE

At 31 December 2024

99,351

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

148,485

Additions

1,814

At 31 December 2024

150,299

DEPRECIATION

At 1 January 2024

38,653

Charge for year

29,280

At 31 December 2024

67,933

NET BOOK VALUE

At 31 December 2024

82,366

At 31 December 2023

109,832

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

140,080

DEPRECIATION

At 1 January 2024

31,509

Charge for year

28,016

At 31 December 2024

59,525

NET BOOK VALUE

At 31 December 2024

80,555

At 31 December 2023

108,571

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

8

NET BOOK VALUE

At 31 December 2024

8

At 31 December 2023

8

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

1,302

1,302

Amounts owed by group undertakings

954,558

2,039,375

Other debtors

26,885

45,830

982,745

2,086,507

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts

18,996

18,996

Trade creditors

41,159

17,149

Amounts owed to group undertakings

324,545

569,919

Taxation and social security

15,030

220,428

Other creditors

169

9,524

399,899

836,016

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

70,720

89,716

10.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Hire purchase contracts

89,716

108,712

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Graham French (Senior Statutory Auditor)

for and on behalf of DSC Accountants Ltd

12.	ULTIMATE CONTROLLING PARTY

On 27 July 2023, the entire share capital of Clarke Banks (Group) Limited was acquired by Radio Newco Limited. Radio Newco Limited is incorporated and domiciled in England and Wales, and its registered office is 4 Navigation Court, Calder Park, Wakefield, WF2 7BJ.

Assent Building Compliance and Safety Group Limited is the parent of the smallest and largest group which prepares financial statements that consolidate this entity. Copies of the consolidated financial statements are available from Companies House. Assent Building Compliance and Safety Group Limited is incorporated and domiciled in England and Wales, and share the same registered office at 4 Navigation Court, Calder Park, Wakefield, WF2 7BJ.

Alpina Technology Find I Gmbh & Co. Kg is considered to be the ultimate controlling party. The fund contracts 77% of the issued share capital of Assent Building Compliance and Safety Group Limited.