CLA HOLDINGS DIRECT LTD

	Page
Company Information	1
Directors' Report	2
Profit and Loss Account	3
Balance Sheet	4
Notes to the Financial Statements	5—7

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Company No. 13740911

Directors' Report For The Year Ended 31 March 2025

Directors' Report

The directors present their report and the financial statements for the year ended 31 March 2025.

Directors

The directors who held office during the year were as follows:

Mr Adrian Worthington

Mr Cameron Worthington

Mr Louis Monk

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Small Company Rules

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

On behalf of the board

Mr Cameron Worthington

Director

11/07/2025

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CLA HOLDINGS DIRECT LTD

Profit and Loss Account

For The Year Ended 31 March 2025

Profit and Loss Account

		2025	2024
	Notes	£	£
TURNOVER		224,550	146,079
Cost of sales		(15,098 )	(875 )

GROSS PROFIT		209,452	145,204

Distribution costs		(3,701 )	-
Administrative expenses		(26,891 )	(18,094 )

OPERATING PROFIT		178,860	127,110
Profit on revaluation of investment property		1,082,971	365,129
Other interest receivable and similar income		35	-
Interest payable and similar charges		(160,736 )	(57,190 )

PROFIT BEFORE TAXATION		1,101,130	435,049
Tax on Profit		(184,518 )	(106,096 )

PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR		916,612	328,953

The notes on pages 5 to 7 form part of these financial statements.

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CLA HOLDINGS DIRECT LTD

Balance Sheet

As At 31 March 2025

Balance Sheet

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		14,802		-
Investment Properties	5		5,999,999		3,500,000

			6,014,801		3,500,000
CURRENT ASSETS
Debtors	6	19,841		-
Cash at bank and in hand		3,666		24,470

		23,507		24,470
Creditors: Amounts Falling Due Within One Year	7	(2,570,933 )		(1,987,121 )

NET CURRENT ASSETS (LIABILITIES)			(2,547,426 )		(1,962,651 )

TOTAL ASSETS LESS CURRENT LIABILITIES			3,467,375		1,537,349

Creditors: Amounts Falling Due After More Than One Year	8		(1,921,495 )		(1,091,938 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(275,139 )		(91,282 )

NET ASSETS			1,270,741		354,129

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			1,270,641		354,029

SHAREHOLDERS' FUNDS			1,270,741		354,129

For the 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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Mr Cameron Worthington

Director

11/07/2025

The notes on pages 5 to 7 form part of these financial statements.

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CLA HOLDINGS DIRECT LTD

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

CLA HOLDINGS DIRECT LTD is a private company, limited by shares, incorporated in England & Wales, registered number 13740911 . The registered office is 120 Leabrook Road , Wednesbury, West Midland, United Kingdom, WS10 7NB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20%
Fixtures & Fittings	20%

2.5. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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CLA HOLDINGS DIRECT LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost or Valuation
As at 1 April 2024	-	-	-
Additions	5,564	12,939	18,503

As at 31 March 2025	5,564	12,939	18,503

Depreciation
As at 1 April 2024	-	-	-
Provided during the period	1,113	2,588	3,701

As at 31 March 2025	1,113	2,588	3,701

Net Book Value
As at 31 March 2025	4,451	10,351	14,802

As at 1 April 2024	-	-	-

5. Investment Property

	2025
	£
Fair Value
As at 1 April 2024	3,500,000
Additions	1,417,028
Revaluations	1,082,971

As at 31 March 2025	5,999,999

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	5,500	-
Prepayments and accrued income	7,954	-
VAT	6,387	-

	19,841	-

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CLA HOLDINGS DIRECT LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	66,326	8,094
Corporation tax	661	24,786
VAT	-	12,261
Group undertaking	2,443,896	1,750,314
Bank loan	59,529	191,016
Directors' loan accounts	521	650

	2,570,933	1,987,121

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loan (Long term liabilities - creditors > 1 year)	1,921,495	1,091,938

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Related Party Transactions

10.1 During the financial year, CLA Fabrications Ltd advanced a loan of £693,582 (31 March 2024: £183,631.23) to CLA Holdings Direct Ltd. The intercompany loan balance due from CLA Holdings Direct Ltd at 31 March 2025 was £2,443,896 (31 March 2024: £1,750,314).

11. Ultimate Controlling Party

The company's ultimate controlling party is CLA Group Trading Ltd by virtue of his ownership of 100% of the issued share capital in the company.

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