Registration number: 01314886

Claredale Warehousing Limited

Statement of Financial Position as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	6	14,448	4,786
Investment property	7	6,533,837	6,533,837
Investments	8	2,314,460	2,314,460
		8,862,745	8,853,083
Current assets
Debtors	9	113,172	176,626
Cash at bank and in hand		130,164	143,729
		243,336	320,355
Creditors: Amounts falling due within one year	10	(3,779,874)	(3,819,024)
Net current liabilities		(3,536,538)	(3,498,669)
Total assets less current liabilities		5,326,207	5,354,414
Creditors: Amounts falling due after more than one year	10	(10,000)	(20,000)
Provisions for liabilities		(375,980)	(375,980)
Net assets		4,940,227	4,958,434
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account	12	4,939,227	4,957,434
Total equity		4,940,227	4,958,434

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The directors of Claredale Warehousing Limited have elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Company registration number: 01314886

Approved and authorised by the Board on 24 July 2026 and signed on its behalf by:
 

......................................... J T Hilliard Director

......................................... S J Turnbull Director

Claredale Warehousing Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Downs Farm
Reigate Road
Ewell
Surrey
KT17 3BY

The principal activity of the company is that of property investment and management.

2	Audit Report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 28 July 2026 was Martin Widdowson, who signed for and on behalf of Brebners.

3	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Group accounts not prepared

The company has taken advantage of the option not to prepare consolidated financial statements in accordance with Section 400 (1)(b) Companies Act 2006 on the basis the ultimate parent company prepares consolidated financial statements incorporating the results of the company. The financial statements therefore include information about the company and not the group.

Claredale Warehousing Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

Going concern

The company made a profit for the year ended 31 October 2025 and had net assets at that date of £4,940,227 but net current liabilities of £3,526,538. At this date an amount of £3,504,244 was due to group undertakings who have agreed not to call for repayment until such time as the company has sufficient working capital.

The company continues to receive rental income from its investment properties sufficient to meet its working capital requirements.

The directors have a reasonable expectation that the company has adequate resources to continue operating in the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Revenue recognition

Turnover comprises the fair value of the rentals received or receivable in the ordinary course of the company's activities. Turnover is shown net of value added tax, returns, rebates and discounts.

Rental income is recognised evenly over the period of the lease or licenses.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & Equipment	20% straight line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Claredale Warehousing Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

4	Staff numbers

The average number of persons employed by the company during the year was 0 (2024 - 0).

5	Auditor's remuneration

	2025 £	2024 £
Audit of the financial statements	6,700	6,700

 

Claredale Warehousing Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

6	Tangible assets

	Plant & Equipment £	Total £
Cost or valuation
At 1 November 2024	17,058	17,058
Additions	14,071	14,071
At 31 October 2025	31,129	31,129
Depreciation
At 1 November 2024	12,272	12,272
Charge for the year	4,409	4,409
At 31 October 2025	16,681	16,681
Carrying amount
At 31 October 2025	14,448	14,448
At 31 October 2024	4,786	4,786

7	Investment properties

Fair value	2025 £
At 1 November 2024	6,533,837
At 31 October 2025	6,533,837

The investment properties are reflected at fair value at 31 October 2025 at an amount of £6,533,837 as estimated by the directors.

8	Investments

	2025 £	2024 £
Investments in subsidiaries	2,314,460	2,314,460