REGISTERED NUMBER: 12467769 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2024

for

Clancy Estates Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C J Stuchbery

REGISTERED OFFICE:

Race House

Queen Street

Bexleyheath

Kent

DA7 4BT

REGISTERED NUMBER:

12467769 (England and Wales)

ACCOUNTANTS:

CWF & Partners Ltd

Chartered Accountants

Freedman House

Christopher Wren Yard

117 High Street

Croydon

Surrey

CR0 1QG

FIXED ASSETS

Investment property

5

249,194

823,622

CURRENT ASSETS

Debtors

6

350

-

Cash at bank

654,452

9,788

654,802

9,788

CREDITORS

Amounts falling due within one year

7

807,803

799,863

NET CURRENT LIABILITIES

(153,001

)

(790,075

)

TOTAL ASSETS LESS CURRENT LIABILITIES

96,193

33,547

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

96,093

33,447

SHAREHOLDERS' FUNDS

96,193

33,547

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 28 October 2025 and were signed by:

C J Stuchbery - Director

1.	STATUTORY INFORMATION

Clancy Estates 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared under the going concern basis assuming the continued support of it director.

Turnover

Turnover represents rent receivable.

Investment property

Investment property is shown at cost which the director believes equates to fair value.

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.

4.	EMPLOYEES AND DIRECTORS

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

5.	INVESTMENT PROPERTY

Total

£

COST

At 1 August 2023

823,622

Additions

31,190

Disposals

(605,618

)

At 31 July 2024

249,194

NET BOOK VALUE

At 31 July 2024

249,194

At 31 July 2023

823,622

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.24

31.7.23

£

£

Other debtors

350

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.24

31.7.23

£

£

Bank loans and overdrafts

-

9,726

Taxation and social security

29,732

8,753

Other creditors

778,071

781,384

807,803

799,863

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.24

31.7.23

value:

£

£

100

Ordinary

£1

100

100