REGISTERED NUMBER: 08625611 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Cleaver Developments Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Director:

M Cleaver

Registered office:

114-120 Northgate Street

Chester

CH1 2HT

Registered number:

08625611 (England and Wales)

Accountants:

Ellis & Co

Chartered Accountants

114-120 Northgate Street

Chester

CH1 2HT

Fixed assets

Tangible assets

4

287

574

Investment property

5

797,526

797,000

797,813

797,574

Current assets

Debtors

6

853

1,324

Cash at bank

125,495

65,522

126,348

66,846

Creditors

Amounts falling due within one year

7

312,635

313,096

Net current liabilities

(186,287

)

(246,250

)

Total assets less current liabilities

611,526

551,324

Creditors

Amounts falling due after more than one year

8

(50,201

)

(46,574

)

Provisions for liabilities

9

(11,748

)

(11,820

)

Net assets

549,577

492,930

Capital and reserves

Called up share capital

100

100

Other reserves

10

87,045

87,045

Retained earnings

10

462,432

405,785

Shareholders' funds

549,577

492,930

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

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

The director acknowledges his 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 director and authorised for issue on 29 May 2026 and were signed by:

M Cleaver - Director

1.	Statutory information

Cleaver Developments Limited 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.

Revenue from property rental is recognised on an accruals basis.

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 cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

3.	Employees and directors

The average number of employees during the year was NIL (2024 - NIL).

4.	Tangible fixed assets

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

Cost

At 1 September 2024

and 31 August 2025

8,745

1,435

10,180

Depreciation

At 1 September 2024

8,745

861

9,606

Charge for year

-

287

287

At 31 August 2025

8,745

1,148

9,893

Net book value

At 31 August 2025

-

287

287

At 31 August 2024

-

574

574

5.	Investment property

Total

£

Fair value

At 1 September 2024

797,000

Additions

526

At 31 August 2025

797,526

Net book value

At 31 August 2025

797,526

At 31 August 2024

797,000

6.

Debtors: amounts falling due within one year

31/8/25

31/8/24

£

£

Trade debtors

253

724

Other debtors

600

600

853

1,324

7.

Creditors: amounts falling due within one year

31/8/25

31/8/24

£

£

Bank loans and overdrafts

14,579

14,579

Trade creditors

499

1,842

Taxation and social security

21,061

21,029

Other creditors

276,496

275,646

312,635

313,096

The bank loans are secured by a fixed and floating charge over the company's assets and a mortgage over the company's freehold property.

8.

Creditors: amounts falling due after more than one year

31/8/25

31/8/24

£

£

Bank loans

50,201

46,574

The bank loans are secured by a fixed and floating charge over the company's assets and a mortgage over the company's freehold property.

9.	Provisions for liabilities

31/8/25

31/8/24

£

£

Deferred tax

Investment property revaluation

11,676

11,676

Accelerated capital allowances

72

144

11,748

11,820

Deferred

tax

£

Balance at 1 September 2024

11,820

Credit to Statement of Income and Retained Earnings during year

(72

)

Balance at 31 August 2025

11,748

10.

Reserves

Under FRS 102 surpluses on the revaluation of investment property are treated as fair value adjustments and are recognised in the statement of income. However under company law, these surpluses are not distributable. In these financial statements, the cumulative revaluation surpluses (net of deferred tax) have been included in other reserves. On disposal of an investment property, any revaluation surplus realised on disposal is transferred to distributable reserves.