Cleaver Thompson Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04889150

Cleaver Thompson Limited

Filleted Unaudited Abridged Financial Statements

30 June 2025

Cleaver Thompson Limited

Abridged Financial Statements

Year Ended 30 June 2025

Contents	Page

Abridged statement of financial position	1

Notes to the abridged financial statements	3

Cleaver Thompson Limited

Abridged Statement of Financial Position

30 June 2025

	2025	2024
Note	£	£

Fixed Assets

Tangible assets	6	15,430	19,211

Current Assets

Debtors	234,818	239,101
Cash at bank and in hand	283,322	406,296
	---------	---------
	518,140	645,397

Creditors: amounts falling due within one year	182,649	185,797
	---------	---------
Net Current Assets	335,491	459,600
	---------	---------
Total Assets Less Current Liabilities	350,921	478,811

Creditors: amounts falling due after more than one year	–	10,479

Provisions

Taxation including deferred tax	7	3,858	4,803
Other provisions	7	30,000	–
		--------	-------
		33,858	4,803
		---------	---------
Net Assets		317,063	463,529
		---------	---------

Capital and Reserves

Called up share capital	8	3,000	3,000
Profit and loss account		314,063	460,529
		---------	---------
Shareholders Funds		317,063	463,529
		---------	---------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.

For the year ending 30 June 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 abridged financial statements for the year in question in accordance with section 476 ;

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

Cleaver Thompson Limited

Abridged Statement of Financial Position (continued)

30 June 2025

All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 30 June 2025 in accordance with Section 444(2A) of the Companies Act 2006.

These abridged financial statements were approved by the board of directors and authorised for issue on 11 December 2025 , and are signed on behalf of the board by:

A J Turner	C Boot
Director	Director

A Botham	S J Shaw
Director	Director

Company registration number: 04889150

Cleaver Thompson Limited

Notes to the Abridged Financial Statements

Year Ended 30 June 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 5-7 King Street, Alfreton, Derbyshire, DE55 7AE.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Fee income represents revenue earned from the normal activities of the firm, exclusive of Value Added Tax. Revenue is recognised when the company has a right to consideration in exchange for the performance of its duties. The right to consideration is determined by the terms and conditions of the firm which form the contract under which the services are provided. It is measured at the fair value of the right to consideration, which represents amounts chargeable to clients less a suitable allowance to recognise the uncertainties remaining in the completion of the obligations. Contingent income is recognised only when the contingent element is assured. Unbilled revenue at the year end is included in prepayments and accrued income.

Income tax

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	10 years straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	10% reducing balance
Equipment	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 14 (2024: 15 ).

5. Intangible assets

	£
Cost
At 1 July 2024 and 30 June 2025	99,000
	--------
Amortisation
At 1 July 2024 and 30 June 2025	99,000
	--------
Carrying amount
At 30 June 2025	–
	--------
At 30 June 2024	–
	--------

6. Tangible assets

	£
Cost
At 1 July 2024	74,671
Additions	1,279
Disposals	( 472)
	--------
At 30 June 2025	75,478
	--------
Depreciation
At 1 July 2024	55,460
Charge for the year	5,060
Disposals	( 472)
	--------
At 30 June 2025	60,048
	--------
Carrying amount
At 30 June 2025	15,430
	--------
At 30 June 2024	19,211
	--------

7. Provisions

	Deferred tax	Dilapidations	Total
	£	£	£
At 1 July 2024	4,803	–	4,803
Additions	–	30,000	30,000
Unused amounts reversed	( 945)	–	( 945)
	-------	--------	--------
At 30 June 2025	3,858	30,000	33,858
	-------	--------	--------

A dilapidation provision of £30,000 has been recognised in accordance with FRS102. This relates to leasehold property occupied under operating lease arrangements that require the premises to be returned to the landlord in a specified condition at the end of the lease term. The provision represents management's best estimate of the expected costs of restoring the property to the required condition, based on known repair requirements and quotations obtained. The timing of the expected outflows is aligned with the planned repair schedule.

8.Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary A shares of £ 1 each	1,000	1,000	1,000	1,000
Ordinary B shares of £ 1 each	1,000	1,000	1,000	1,000
Ordinary C shares of £ 1 each	1,000	1,000	1,000	1,000
	-------	-------	-------	-------
	3,000	3,000	3,000	3,000
	-------	-------	-------	-------

9. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	30,500	30,500
Later than 1 year and not later than 5 years	91,500	122,000
	---------	---------
	122,000	152,500
	---------	---------

10. Related party transactions

During the year dividends of £304,300 (2024: £161,800) were paid to companies which hold a participating interest in Cleaver Thompson Limited .