ACCOUNTS - Final Accounts preparation

Cash and cash equivalents

Registered number: 14382234

CLIVELAND DEVELOPMENTS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 29 SEPTEMBER 2024

CLIVELAND DEVELOPMENTS LIMITED

REGISTERED NUMBER: 14382234

BALANCE SHEET

AS AT 29 SEPTEMBER 2024

	29 September	30 September
	2024	2023
Note	£	£


Current assets
Stocks		775,719		663,550
Debtors: amounts falling due within one year	4	68,673		70,393
Cash at bank and in hand	5	183		-
		844,575		733,943
Creditors: amounts falling due within one year	6	(157,327)		(43,844)
Net current assets			687,248		690,099
Total assets less current liabilities			687,248		690,099
Creditors: amounts falling due after more than one year	7		(690,000)		(689,999)

Net (liabilities)/assets			(2,752)		100

Capital and reserves
Called up share capital	8	100	100
Profit and loss account		(2,852)	-
		(2,752)	100

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CLIVELAND DEVELOPMENTS LIMITED

REGISTERED NUMBER: 14382234

BALANCE SHEET (CONTINUED)

AS AT 29 SEPTEMBER 2024

For the period ended 29 September 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 22 December 2025.

Daniel Dass

Director

The notes on pages 3 to 6 form part of these financial statements.

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CLIVELAND DEVELOPMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 29 SEPTEMBER 2024

1.	General information

The Company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 14382234. The Company's registered office is Sterling House, 71 Francis Road, Edgbaston, Birmingham, B16 8SP.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

2.2

Going concern

The directors have prepared the accounts on a going concern basis.

2.3

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is 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.

2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the period was 1 (2023 - 1).

Debtors

29 September

30 September

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CLIVELAND DEVELOPMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 29 SEPTEMBER 2024

4.Debtors (continued)

					2024	2023
					£	£


Other debtors	68,673	70,393
	68,673	70,393

Cash at bank and in hand	183	-
	183	-

Trade creditors	1,776	-
Amounts owed to group undertakings	78,673	15,314
Other creditors	76,878	28,530
	157,327	43,844

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CLIVELAND DEVELOPMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 29 SEPTEMBER 2024

Other creditors	690,000	689,999
	690,000	689,999


Other Creditors	690,000	689,999
	690,000	689,999

Details of security provided:

Other creditors are secured by fixed and floating charges over the assets of the company.

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CLIVELAND DEVELOPMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 29 SEPTEMBER 2024

Allotted, called up and fully paid

100 (2023 - 100) Ordinary Shares shares of £1.00 each	100	100

9.	Related party transactions
	As at the balance sheet date £66,071 (2023: £66,071) was due from the director. This loan is interest free and repayable on demand.

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