Company registration number 01590425 (England and Wales)
Clifton Developments Limited
Unaudited financial statements
For the year ended 31 March 2025
Pages for filing with registrar
Clifton Developments Limited
Statement of financial position
As at 31 March 2025
31 March 2025
- 1 -
2025
2024
£
£
£
£
Fixed assets
4,978
6,357
Current assets
887,100
794,895
Creditors: amounts falling due within one year
(62,659)
(83,091)
Net current assets
824,441
711,804
Total assets less current liabilities
829,419
718,161
Net assets
829,419
718,161
Capital and reserves
829,419
718,161
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees

Included within debtors falling due within one year is a joint directors' current account balance of £370,387 (2024 - £268,652) owed by Mr and Mrs Hamriding. This advance is unsecured and repayable on demand. Interest has been charged by the company at a rate of 2.25% (2024 - 2.25%) per annum and during the year this charge totalled £10,398 (2024 - £6,088).

 

The maximum overdrawn balance in the year amounted to £406,142 (2024 - £268,652).

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2025
2024
Number
Number
Employees
2
2

Clifton Developments Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Exchange, 5 Bank Street, Bury, United Kingdom, BL9 0DN.

 

Registered number: 01590425

 

 

Registered office: The Exchange

5 Bank Street

Bury

BL9 0DN

 

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Clifton Developments Limited
Statement of financial position (continued)
As at 31 March 2025
31 March 2025
- 2 -

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 19 September 2025 and are signed on its behalf by:
H Hamriding
Director
Company registration number 01590425 (England and Wales)
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