Cligga Developments Ltd

	Page
Abridged Balance Sheet	1
Notes to the Abridged Financial Statements	2

Registered number: 12615297

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks		204,253		-
Debtors		2,590		368
Cash at bank and in hand		192,133		399,412

		398,976		399,780
Creditors: Amounts Falling Due Within One Year		(242,275 )		(241,084 )

NET CURRENT ASSETS (LIABILITIES)			156,701		158,696

TOTAL ASSETS LESS CURRENT LIABILITIES			156,701		158,696

NET ASSETS			156,701		158,696

CAPITAL AND RESERVES
Called up share capital	4		3		3
Profit and Loss Account			156,698		158,693

SHAREHOLDERS' FUNDS			156,701		158,696

For the year ending 31 May 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.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 May 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Kevin Webb

Director

12th May 2026

The notes on page 2 form part of these financial statements.

1. General Information

Cligga Developments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12615297 . The registered office is Chy Kerenza, Church Cove, Church Cove, Cornwall, TR12 7PQ.

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. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value. Cost includes the purchase price of development properties together with directly attributable costs incurred in bringing the properties to their present condition, including professional fees, materials, contractor costs and other development expenditure.

Net realisable value represents the estimated selling price less all estimated costs of completion and costs to be incurred in marketing and selling the property.

Properties held for resale as part of the company’s development activities are included within stock until the point of sale, at which time the related costs are recognised in cost of sales.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	3	3

5. Related Party Transactions

Included within creditors are director loan balances totalling £239,997 (2024: £240,163). These are unsecured, interest-free and repayable on demand.

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