Company registration number 01590425 (England and Wales)
CLIFTON DEVELOPMENTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2025
PAGES FOR FILING WITH REGISTRAR
CLIFTON DEVELOPMENTS LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
CLIFTON DEVELOPMENTS LIMITED
BALANCE SHEET
AS AT
30 NOVEMBER 2025
30 November 2025
- 1 -
30 November 2025
31 March 2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
4,147
4,978
Current assets
Debtors
4
1,017,943
473,510
Cash at bank and in hand
4,169
413,590
1,022,112
887,100
Creditors: amounts falling due within one year
5
(108,231)
(62,659)
Net current assets
913,881
824,441
Total assets less current liabilities
918,028
829,419
Provisions for liabilities
(1,037)
-
Net assets
916,991
829,419
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss reserves
915,991
828,419
Total equity
916,991
829,419
CLIFTON DEVELOPMENTS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 NOVEMBER 2025
30 November 2025
- 2 -

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

T he members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 12 August 2026 and are signed on its behalf by:
Mr S R Nelson
Director
Company registration number 01590425 (England and Wales)
CLIFTON DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2025
- 3 -
1
Accounting policies
Company information

Clifton Developments Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1 Sett End Road West, Shadsworth Business Park, Blackburn, BB1 2QJ.

1.1
Reporting period

The company has shortened its accounting period to 30 November 2025 in order to align its accounting period with that of its parent company. The comparative period covered the 12 month period ending 31 March 2025, therefore the amounts are not entirely comparable.

1.2
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

These financial statements for the period ended 30 November 2025 are the first financial statements of Clifton Developments Limited prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 was 1 April 2024. The reported financial position and financial performance for the previous period are not affected by the transition to FRS 102.

1.3
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.4
Revenue

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT. Turnover is recognised based on the date of the rental period.

1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

Leasehold improvements
10% Straight line
Fixtures and fittings
25% Reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

CLIFTON DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. Trade creditors are recognised initially at transaction price.

1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

CLIFTON DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 5 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.11
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2025
2025
Number
Number
Total
2
2
CLIFTON DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 NOVEMBER 2025
- 6 -
3
Tangible fixed assets
Leasehold improvements
Fixtures and fittings
Total
£
£
£
Cost
At 1 April 2025 and 30 November 2025
11,000
4,480
15,480
Depreciation and impairment
At 1 April 2025
6,600
3,902
10,502
Depreciation charged in the period
734
97
831
At 30 November 2025
7,334
3,999
11,333
Carrying amount
At 30 November 2025
3,666
481
4,147
At 31 March 2025
4,400
578
4,978
4
Debtors
2025
2025
Amounts falling due within one year:
£
£
Trade debtors
38,827
4,712
Amounts owed by group undertakings
887,336
-
0
Other debtors
91,780
468,798
1,017,943
473,510
5
Creditors: amounts falling due within one year
2025
2025
£
£
Trade creditors
-
0
1,446
Taxation and social security
65,894
35,271
Other creditors
42,337
25,942
108,231
62,659
CLIFTON DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 NOVEMBER 2025
- 7 -
6
Related party transactions
Balances with related parties
Category
Amounts owed by
Amounts owed to
related parties
related parties
2025
2025
2025
2025
£
£
£
£
Entities with control, joint control or significant influence over the company
887,336
-
0
-
0
-
0
Key management personnel
-
0
370,387
-
0
-
0
7
Directors' transactions
Advances
% Rate
Opening balance
Amounts advanced
Interest charged
Amounts repaid
Closing balance
£
£
£
£
£
Advance
2.25
370,387
103,218
6,357
(479,962)
-
370,387
103,218
6,357
(479,962)
-

The advance was repayable on demand and was unsecured.

2025-11-30 2025-04-01 false false false 12 August 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr M Parry Mrs K E Hill Mr S R Nelson Mr H Hamriding Mrs A V Hamriding 01590425 2025-04-01 2025-11-30 01590425 2025-11-30 01590425 2025-03-31 01590425 core:LeaseholdImprovements 2025-11-30 01590425 core:FurnitureFittings 2025-11-30 01590425 core:LeaseholdImprovements 2025-03-31 01590425 core:FurnitureFittings 2025-03-31 01590425 core:CurrentFinancialInstruments core:WithinOneYear 2025-11-30 01590425 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 01590425 core:CurrentFinancialInstruments 2025-11-30 01590425 core:CurrentFinancialInstruments 2025-03-31 01590425 core:ShareCapital 2025-11-30 01590425 core:ShareCapital 2025-03-31 01590425 core:RetainedEarningsAccumulatedLosses 2025-11-30 01590425 core:RetainedEarningsAccumulatedLosses 2025-03-31 01590425 bus:Director3 2025-04-01 2025-11-30 01590425 core:LeaseholdImprovements 2025-04-01 2025-11-30 01590425 core:FurnitureFittings 2025-04-01 2025-11-30 01590425 2024-04-01 2025-03-31 01590425 core:LeaseholdImprovements 2025-03-31 01590425 core:FurnitureFittings 2025-03-31 01590425 2025-03-31 01590425 core:ParentEntities 2025-04-01 2025-11-30 01590425 core:KeyManagementIndividualGroup1 2025-04-01 2025-11-30 01590425 core:ParentEntities 2025-11-30 01590425 core:ParentEntities 2025-03-31 01590425 core:KeyManagementIndividualGroup1 2025-11-30 01590425 core:KeyManagementIndividualGroup1 2025-03-31 01590425 bus:PrivateLimitedCompanyLtd 2025-04-01 2025-11-30 01590425 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2025-11-30 01590425 bus:FRS102 2025-04-01 2025-11-30 01590425 bus:AuditExemptWithAccountantsReport 2025-04-01 2025-11-30 01590425 bus:Director1 2025-04-01 2025-11-30 01590425 bus:Director2 2025-04-01 2025-11-30 01590425 bus:Director4 2025-04-01 2025-11-30 01590425 bus:Director5 2025-04-01 2025-11-30 01590425 bus:FullAccounts 2025-04-01 2025-11-30 xbrli:pure xbrli:shares iso4217:GBP