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Registration number: 13137881

Cluny Mews Developments Limited
Unaudited Financial Statements
for the Year Ended 31 March 2025

Cluny Mews Developments Limited

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 5

Cluny Mews Developments Limited

(Registration number: 13137881)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investments | 4 | 100 | 100
Current assets |  |  |
Stocks | 5 | 306,243 | 9,263,394
Debtors | 6 | 936,740 | 3,152,168
Cash at bank and in hand |  | 51,404 | 158,154
|  | 1,294,387 | 12,573,716
Creditors: Amounts falling due within one year | 7 | (227,318) | (6,492,310)
Net current assets |  | 1,067,069 | 6,081,406
Total assets less current liabilities |  | 1,067,169 | 6,081,506
Creditors: Amounts falling due after more than one year | 7 | (420,730) | (4,386,284)
Net assets |  | 646,439 | 1,695,222
Capital and reserves |  |  |
Called up share capital |  | 800 | 800
Retained earnings |  | 645,639 | 1,694,422
Shareholders' funds |  | 646,439 | 1,695,222

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

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Cluny Mews Developments Limited

(Registration number: 13137881)
Balance Sheet as at 31 March 2025

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account and Directors' Report has been taken.

Approved and authorised by the Board on 28 November 2025 and signed on its behalf by:

......................................... Ms J E Ismail Director

Cluny Mews Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 2 Block C
14 Hulme Street
Salford
Greater Manchester
M5 4ZG
England

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cluny Mews Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Stocks

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs, borrowing costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 100 | 100

Subsidiaries | £
Cost or valuation
Additions | 100
Carrying amount
At 31 March 2025 | 100
At 31 March 2024 | 100

Cluny Mews Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5 | Stocks

| 2025 £ | 2024 £
Work in progress | 306,243 | 9,263,394

6 | Debtors

Current | 2025 £ | 2024 £
Amounts owed by related parties | 84,588 | 200
Prepayments | 4,158 | 149,955
Other debtors | 847,994 | 3,002,013
| 936,740 | 3,152,168

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 184,770 | 16,738
Owed to related parties | - | 5,850,000
Taxation and social security | - | 559,910
Accruals and deferred income | 39,548 | 35,662
Other creditors | 3,000 | 30,000
| 227,318 | 6,492,310

Creditors: amounts falling due after more than one year

| 2025 £ | 2024 £
Due after one year |  |
Owed to related parties | 420,730 | 4,386,284