Acorah Software Products - Accounts Production 16.8.200 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 03849222 Mr Kenneth Moore Mr Rupert Beckwith-Moore Mrs Sara Moore Mr Robert Moores Urban & City Holdings Limted Adelphi Mill Properties Ltd, Adelphi Mill, Grimshaw Lane, Bollington, Cheshire, SK10 5JB true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03849222 2024-03-31 03849222 2025-03-31 03849222 2024-04-01 2025-03-31 03849222 frs-core:CurrentFinancialInstruments 2025-03-31 03849222 frs-core:Non-currentFinancialInstruments 2025-03-31 03849222 frs-core:InvestmentPropertyIncludedWithinPPE 2025-03-31 03849222 frs-core:InvestmentPropertyIncludedWithinPPE 2024-04-01 2025-03-31 03849222 frs-core:InvestmentPropertyIncludedWithinPPE 2024-03-31 03849222 frs-core:ShareCapital 2025-03-31 03849222 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 03849222 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03849222 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 03849222 frs-bus:SmallEntities 2024-04-01 2025-03-31 03849222 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 03849222 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03849222 1 2024-04-01 2025-03-31 03849222 frs-core:DeferredTaxation 2024-04-01 2025-03-31 03849222 frs-core:DeferredTaxation 2024-03-31 03849222 frs-core:DeferredTaxation 2025-03-31 03849222 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-04-01 2025-03-31 03849222 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31 03849222 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2025-03-31 03849222 frs-bus:Director1 2024-04-01 2025-03-31 03849222 frs-bus:Director2 2024-04-01 2025-03-31 03849222 frs-bus:Director2 2024-03-31 03849222 frs-bus:Director2 2025-03-31 03849222 frs-bus:Director3 2024-04-01 2025-03-31 03849222 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 03849222 frs-countries:EnglandWales 2024-04-01 2025-03-31 03849222 2023-03-31 03849222 2024-03-31 03849222 2023-04-01 2024-03-31 03849222 frs-core:CurrentFinancialInstruments 2024-03-31 03849222 frs-core:Non-currentFinancialInstruments 2024-03-31 03849222 frs-core:ShareCapital 2024-03-31 03849222 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 03849222 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31
Registered number: 03849222
Clarence Mill Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Clarence Mill Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Clarence Mill Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 03849222

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 3,500,000 |  | 5,340,000
|  |  | 3,500,000 |  | 5,340,000
CURRENT ASSETS
Debtors | 5 | 1,097,799 |  | 1,156,977 |
|  | 1,097,799 |  | 1,156,977 |
Creditors: Amounts Falling Due Within One Year | 6 | (369,350 ) |  | (359,175 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 728,449 |  | 797,802
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 4,228,449 |  | 6,137,802
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (1,755,182 ) |  | (1,854,920 )
PROVISIONS FOR LIABILITIES
Deferred Taxation | 9 |  | (20,643 ) |  | (480,643 )
NET ASSETS |  |  | 2,452,624 |  | 3,802,239
CAPITAL AND RESERVES
Called up share capital | 11 |  | 50,000 |  | 50,000
Fair value reserve | 13 |  | 1,168,855 |  | 2,548,855
Profit and Loss Account |  |  | 1,233,769 |  | 1,203,384
SHAREHOLDERS' FUNDS |  |  | 2,452,624 |  | 3,802,239

Page 1
Page 2
Clarence Mill Limited
Balance Sheet (continued)
As At 31 March 2025
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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Kenneth Moore Director
9th December 2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Clarence Mill Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Clarence Mill Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03849222 . The registered office is Clarence Mill, Clarence Road, Bollington, Cheshire, SK10 5JZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
2.2. Turnover
Turnover is recognised when the company receives the right to consideration.
2.3. 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.
2.4. 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.
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.
2.5. Group accounts
The financial statements represent information about the company individually, Clarence Mill Ltd, and as part of small group the accounts are exempt from consolidatiion.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:

| 2025 |  | 2024
--- | --- | --- | ---
Office and administration | 3 |  | 3
| 3 |  | 3

Page 3
Page 4
Clarence Mill Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
4. Tangible Assets

| Investment Properties
--- | ---
| £
Cost or Valuation
As at 1 April 2024 | 5,340,000
Revaluation | (1,840,000 )
As at 31 March 2025 | 3,500,000
Net Book Value
As at 31 March 2025 | 3,500,000
As at 1 April 2024 | 5,340,000

Investment property was last valued in November 2024 at £3,500,000 by Ms S Allsop MRICS of Cluttons LLP.
The historical cost of the asset as at 31 March 2024 was £2.38m (2023 - £2.38m).
Cost or valuation as at 31 March 2025 represented by:

| Investment Properties
--- | ---
| £
At cost | 3,500,000
| 3,500,000

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 12,859 |  | 21,221
Prepayments and accrued income | 19,255 |  | 18,259
Corporation tax recoverable assets | 8,562 |  | 8,484
Directors' loan accounts | 25,371 |  | 25,371
Amounts owed by group undertakings | 1,031,752 |  | 1,083,564
| 1,097,799 |  | 1,156,899
Due after more than one year
Corporation tax recoverable assets | - |  | 78
| 1,097,799 |  | 1,156,977

Page 4
Page 5
Clarence Mill Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 36,079 |  | 10,729
Bank loans and overdrafts | 138,613 |  | 209,537
Corporation tax | 18,980 |  | 39,581
VAT | 35,403 |  | 37,013
Other creditors | 42,452 |  | 4,686
Accruals and deferred income | 30,965 |  | 48,872
Amounts owed to group undertakings | 66,858 |  | 8,757
| 369,350 |  | 359,175

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

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 1,755,182 |  | 1,854,920

8. Secured Creditors
Of the creditors the following amounts are secured.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | 1,893,794 |  | 2,064,457

9. Deferred Taxation
The provision for deferred taxation is made up of accelerated capital allowances and timing differences arising on the revaluation of the investment property.

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other timing differences | 20,643 |  | 480,643

10. Provisions for Liabilities

| Deferred Tax | Total
--- | --- | ---
| £ | £
As at 1 April 2024 | 480,643 | 480,643
Reversals | (460,000 ) | (460,000)
Balance at 31 March 2025 | 20,643 | 20,643

11. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 50,000 |  | 50,000

Page 5
Page 6
Clarence Mill Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 April 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 March 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Rupert Beckwith-Moore | 25,370 | - | - | - | 25,370

The above loan is unsecured, interest free and repayable on demand.
13. Reserves

| Fair Value Reserve
--- | ---
| £
As at 1 April 2024 | 2,548,855
Transfer from capital | (1,840,000)
Transfer to profit and loss | 460,000
As at 31 March 2025 | 1,168,855

The fair value reserve is non-distributable.
14. Related Party Transactions
Urban and City Holdings LimitedHolding companyIncluded in debtors is a balance of £1,031,752 (2024 - £1,024,752).

Urban and City Holdings Limited

Holding company

Included in debtors is a balance of £1,031,752 (2024 - £1,024,752).

St Werburgh LimitedAssociated companyIncluded in creditors: amounts faliing due within one year is a balance of £8,757 (2024 - £8,756).

St Werburgh Limited

Associated company

Included in creditors: amounts faliing due within one year is a balance of £8,757 (2024 - £8,756).

Adelphi Mill LimitedAssociated companyIncluded in creditors is a balance of £58,101 (2024 - Debtor balance £49,310).

Adelphi Mill Limited

Associated company

Included in creditors is a balance of £58,101 (2024 - Debtor balance £49,310).

15. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Urban & City Holidings Limited . Urban & City Holidings Limited was incorporated in England and Wales. The holding company controls 100% of the shares of Clarence Mill Limited .
The ultimate controlling party is Mr R A Beckwith-Moore by virtue of his controlling interest in the holding company.
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