The Clun Log Company Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 15879391 (England and Wales)

THE CLUN LOG COMPANY LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 6 AUGUST 2024 TO 31 AUGUST 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R G Morgan

J W Rowlands

REGISTERED OFFICE:

East Wing

Selly Hall

Llanfairwaterdine

Knighton

Powys

LD7 1TR

REGISTERED NUMBER:

15879391 (England and Wales)

ACCOUNTANTS:

Davies Edwards & Co

Chartered Certified Accountants

West Lodge

Rainbow Street

Leominster

Herefordshire

HR6 8DQ

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

37,605

CURRENT ASSETS

Stocks

1,119

Cash at bank and in hand

16,010

17,129

CREDITORS

Amounts falling due within one year

6

3,186

NET CURRENT ASSETS

13,943

TOTAL ASSETS LESS CURRENT
LIABILITIES

51,548

PROVISIONS FOR LIABILITIES

7,145

NET ASSETS

44,403

CAPITAL AND RESERVES

Called up share capital

7

200

Share premium

8

69,900

Retained earnings

8

(25,697

)

SHAREHOLDERS' FUNDS

44,403

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

R G Morgan - Director

1.	STATUTORY INFORMATION

The Clun Log Company 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Formation costs have been fully amortised in the first period of trading.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4.	FORMATION COSTS

Other

intangible

assets

£

COST

Additions

50

At 31 August 2025

50

AMORTISATION

Charge for period

50

At 31 August 2025

50

NET BOOK VALUE

At 31 August 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

COST

Additions

41,101

6,300

47,401

At 31 August 2025

41,101

6,300

47,401

DEPRECIATION

Charge for period

8,221

1,575

9,796

At 31 August 2025

8,221

1,575

9,796

NET BOOK VALUE

At 31 August 2025

32,880

4,725

37,605

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

456

Social security and other taxes

131

VAT

579

Directors' current accounts

420

Accruals and deferred income

1,600

3,186

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

A shares

£1

100

B shares

£1

100

200

Shares were issued during the period as follows:

Cash at par

100 A shares shares of £1 for £ 100

Cash at premium

100 B shares shares of £1 for £ 70,000

8.

RESERVES

Retained

Share

earnings

premium

Totals

£

Deficit for the period

(25,697

)

(25,697

)

Cash share issue

-

69,900

At 31 August 2025

(25,697

)

69,900

44,203