REGISTERED NUMBER: 05062249 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

CLOVERMEAD LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr. P M Keegan

Mrs. C Keegan

SECRETARY:

Mrs. C Keegan

REGISTERED OFFICE:

Riverside House

1-5 Como Street

Romford

Essex

RM7 7DN

REGISTERED NUMBER:

05062249 (England and Wales)

ACCOUNTANTS:

Clemence Hoar Cummings

Chartered Accountants

Riverside House

1-5 Como Street

Romford

Essex

RM7 7DN

FIXED ASSETS

Tangible assets

4

91

121

Investment property

5

900,000

900,000

900,091

900,121

CURRENT ASSETS

Debtors

6

252,509

250,111

Cash at bank

12,703

13,314

265,212

263,425

CREDITORS

Amounts falling due within one year

7

188,946

190,451

NET CURRENT ASSETS

76,266

72,974

TOTAL ASSETS LESS CURRENT LIABILITIES

976,357

973,095

CREDITORS

Amounts falling due after more than one year

8

(584,982

)

(584,982

)

PROVISIONS FOR LIABILITIES

(77,067

)

(77,067

)

NET ASSETS

314,308

311,046

CAPITAL AND RESERVES

Called up share capital

500

500

Fair value reserve

328,547

328,547

Retained earnings

(14,739

)

(18,001

)

314,308

311,046

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 March 2026 and were signed on its behalf by:

Mrs. C Keegan - Director

1.	STATUTORY INFORMATION

Clovermead Ltd 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents rents receivable.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2024

and 30 November 2025

1,698

DEPRECIATION

At 1 December 2024

1,577

Charge for year

30

At 30 November 2025

1,607

NET BOOK VALUE

At 30 November 2025

91

At 30 November 2024

121

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2024

and 30 November 2025

900,000

NET BOOK VALUE

At 30 November 2025

900,000

At 30 November 2024

900,000

Fair value at 30 November 2025 is represented by:

£

Valuation in 2022

405,615

Cost

494,385

900,000

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

494,385

494,385

Investment property was valued on an open market basis on 30 November 2025 by the director, Mr P Keegan .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

252,509

250,111

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

4,583

4,583

Trade creditors

-

1,260

Other creditors

184,363

184,608

188,946

190,451

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

584,982

584,982

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

589,565

589,565

The loan of £550,967 (2024: £550,967) is secured against the freehold property at 17-19 St Johns Road, Watford, WD17 1PW.