Clever Duck Properties Limited 30/11/2025 iXBRL

Company registration number: 08303000

Clever Duck Properties Limited

Unaudited filleted financial statements

30 November 2025

Clever Duck Properties Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

Clever Duck Properties Limited

Directors and other information


	Directors	Mrs S Vassilieva-Thompson
		Mr Colin Thompson


	Company number	08303000


	Registered office	7 Brisbane Way
		Cannock
		Staffordshire
		WS12 2GR


	Business address	7 Brisbane Way
		Cannock
		Staffordshire
		WS12 2GR


	Accountants	Lindley & Co
		Suite 4 Europa House
		Europa Way
		Lichfield
		Staffordshire
		WS14 9TZ

Clever Duck Properties Limited

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Clever Duck Properties Limited

Year ended 30 November 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Clever Duck Properties Limited for the year ended 30 November 2025 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.

This report is made solely to the board of directors of Clever Duck Properties Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Clever Duck Properties Limited and state those matters that we have agreed to state to the board of directors of Clever Duck Properties Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Clever Duck Properties Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Clever Duck Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Clever Duck Properties Limited. You consider that Clever Duck Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Clever Duck Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Lindley & Co

Chartered Certified Accountants

Suite 4 Europa House

Europa Way

Lichfield

Staffordshire

WS14 9TZ

27 July 2026

Clever Duck Properties Limited

Statement of financial position

30 November 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	4	576,070		353,358
		_______		_______
			576,070		353,358

Current assets
Debtors	5	2		2
Cash at bank and in hand		13,256		5,836
		_______		_______
		13,258		5,838
Creditors: amounts falling due
within one year	6	( 457,049)		( 304,833)
		_______		_______
Net current liabilities			( 443,791)		( 298,995)
			_______		_______
Total assets less current liabilities			132,279		54,363


Provisions for liabilities			( 26,279)		( 9,619)

			_______		_______
Net assets			106,000		44,744
			_______		_______

Capital and reserves
Called up share capital			2		2
Profit and loss account			105,998		44,742
			_______		_______
Shareholders funds			106,000		44,744
			_______		_______

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 27 July 2026 , and are signed on behalf of the board by:

Mrs S Vassilieva-Thompson

Director

Company registration number: 08303000

Clever Duck Properties Limited

Statement of changes in equity

Year ended 30 November 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 December 2023	2	51,014	51,016

Profit/(loss) for the year		( 6,272)	( 6,272)
	_______	_______	_______
Total comprehensive income for the year	-	( 6,272)	( 6,272)

	_______	_______	_______
At 30 November 2024 and 1 December 2024	2	44,742	44,744

Profit/(loss) for the year		61,256	61,256
	_______	_______	_______
Total comprehensive income for the year	-	61,256	61,256

	_______	_______	_______
At 30 November 2025	2	105,998	106,000
	_______	_______	_______

Clever Duck Properties Limited

Notes to the financial statements

Year ended 30 November 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is Clever Duck Properties Limited, 7 Brisbane Way, Cannock, Staffordshire, WS12 2GR.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	20 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Investment property

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

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.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Tangible assets

	Long leasehold property	Fixtures, fittings and equipment	Total
	£	£	£
Cost or valuation
At 1 December 2024	353,358	1,277	354,635
Additions	155,327	928	156,255
Revaluation	66,642	-	66,642
	_______	_______	_______
At 30 November 2025	575,327	2,205	577,532
	_______	_______	_______
Depreciation
At 1 December 2024	-	1,277	1,277
Charge for the year	-	185	185
	_______	_______	_______
At 30 November 2025	-	1,462	1,462
	_______	_______	_______
Carrying amount
At 30 November 2025	575,327	743	576,070
	_______	_______	_______
At 30 November 2024	353,358	-	353,358
	_______	_______	_______

Investment property

Included within the above is investment property measured at fair value as follows:

		£
	At 1 December 2024	353,358
	Additions	155,327
	Fair value adjustments	66,642
		_______
	At 30 November 2025	575,327
		_______

Investment properties were valued by the directors at market value on 30th November 2025.

5. Debtors

	2025	2024
	£	£
Other debtors	2	2
	_______	_______

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	400	400
Corporation tax	1,216	-
Other creditors	455,433	304,433
	_______	_______
	457,049	304,833
	_______	_______

7. Related party transactions

Included in creditors is £455,433 (2024 £304,433) due to Clever Duck Media Limited, a company in which the directors have a controlling interest. The loan is interest free and repayable on demand.

8. Controlling party

The company is controlled by the directors.