Clifton Webb Group Ltd
Statement of financial position
as at 31 August 2025
Tangible assets
91,475
91,713
Cash at bank and in hand
474
2,649
Creditors: amounts falling due within one year
(947)
(827)
Net current (liabilities)/assets
(473)
1,894
Total assets less current liabilities
91,002
93,607
Creditors: amounts falling due after more than one year
(98,064)
(98,064)
Net liabilities
(7,062)
(4,457)
Called up share capital
12
12
Profit and loss account
(7,074)
(4,469)
Shareholders' funds
(7,062)
(4,457)
For the year ending 31 August 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 July 2026 and were signed on its behalf by
WEBB, Clifton Jon
Director
Company Registration No. 14324600
Clifton Webb Group Ltd
Notes to the Accounts
for the year ended 31 August 2025
Clifton Webb Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 14324600. The registered office is 85 Great Portland Street, London, W1W 7LT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended
31 August 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in note
9 below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Adjusted comparative figures
During the preparation of these financial statements, an error was identified in the previously filed financial statements relating to the omission of a director's loan balance. The comparative figures have been adjusted to recognise the omitted director's loan balance of £827.
Tangible fixed assets and depreciation
Tangible fixed assets are initially measured at cost. After initial recognition, tangible fixed assets are carried at cost less accumulated depreciation and any accumulated impairment losses.
Depreciation is charged so as to write off the cost of assets over their estimated useful economic lives, using the straight-line method.
Freehold land is not depreciated as it is considered to have an indefinite useful life.
The carrying amounts of tangible fixed assets are reviewed for impairment where indicators of impairment exist.
Clifton Webb Group Ltd
Notes to the Accounts
for the year ended 31 August 2025
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2024
91,475
910
92,385
At 31 August 2025
91,475
910
92,385
At 1 September 2024
-
672
672
Charge for the year
-
238
238
At 31 August 2025
-
910
910
At 31 August 2025
91,475
-
91,475
At 31 August 2024
91,475
238
91,713
Amounts falling due within one year
Accrued income and prepayments
-
72
6
Creditors: amounts falling due within one year
2025
2024
Loans from directors
947
827
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
98,064
98,064
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
9
Reconciliations on adoption of FRS 102
These financial statements are the first financial statements prepared in accordance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. The previous financial statements were prepared in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.
The company has adopted FRS 102 to enable the application of accounting policies available under that standard, including the option to revalue property. No revaluation of the company's property has been undertaken during the current financial year and there were no material adjustments arising on transition from FRS 105 to FRS 102.
There were no adjustments to equity or profit arising on transition from FRS 105 to FRS 102 and, accordingly, no reconciliation is presented.