REGISTERED NUMBER: 00817896 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025

FOR

WILLIAM CLARIDGE LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs R K Claridge

Miss G L Elliott

SECRETARY:

Mrs R K Claridge

REGISTERED OFFICE:

Priestley House

Priestley Gardens

Chadwell Heath

Essex

RM6 4SN

REGISTERED NUMBER:

00817896 (England and Wales)

ACCOUNTANTS:

Chegwidden & Co

Chartered Accountants

Priestley House

Priestley Gardens

Chadwell Heath

Essex

RM6 4SN

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

673

-

Investment properties

6

2,662,570

2,662,570

2,663,243

2,662,570

CURRENT ASSETS

Debtors

19,145

21,972

Cash at bank

76,723

77,622

95,868

99,594

CREDITORS

Amounts falling due within one year

7,141

7,678

NET CURRENT ASSETS

88,727

91,916

TOTAL ASSETS LESS CURRENT LIABILITIES

2,751,970

2,754,486

PROVISIONS FOR LIABILITIES

440,307

440,307

NET ASSETS

2,311,663

2,314,179

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

7

2,023,554

-

Retained earnings

288,009

2,314,079

2,311,663

2,314,179

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st August 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 28th August 2026 and were signed on its behalf by:

Miss G L Elliott - Director

1.	STATUTORY INFORMATION

William Claridge Limited 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.

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 33% on cost

Investment properties

Investment properties are stated at fair value and gains/losses are recognised in the Income Statement. Deferred tax is provided on these gains/losses at the corporation tax rates and applicable allowances expected to apply when the property is sold.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Turnover

Turnover represents the fair value of rental income receivable, excluding value added tax.

Rental income

The company receives rental income under operating leases and other agreements. The income is recognised on a straight line basis over the lease term or period of agreement. The fair value of assets used to generate this income is disclosed in the note to fixed asset investments.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1st September 2024

and 31st August 2025

15,636

AMORTISATION

At 1st September 2024

and 31st August 2025

15,636

NET BOOK VALUE

At 31st August 2025

-

At 31st August 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st September 2024

500

Additions

833

At 31st August 2025

1,333

DEPRECIATION

At 1st September 2024

500

Charge for year

160

At 31st August 2025

660

NET BOOK VALUE

At 31st August 2025

673

At 31st August 2024

-

6.	INVESTMENT PROPERTIES

Total

£

FAIR VALUE

At 1st September 2024

and 31st August 2025

2,662,570

NET BOOK VALUE

At 31st August 2025

2,662,570

At 31st August 2024

2,662,570

Fair value at 31st August 2025 is represented by:

£

Valuation in 2016

2,007,421

Valuation in 2021

456,440

Cost

198,709

2,662,570

If the investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

198,709

198,709

Aggregate depreciation

(125,034

)

(125,034

)

The investment properties were valued on an open market basis on 1st July 2021 by B Baily and Co .

7.

RESERVES

Fair

value

reserve

£

Transfer between reserves

2,023,554

At 31st August 2025

2,023,554

The fair value reserve represents a non-distributable reserve arising from the net fair value gains on the revaluation of investment properties, following the transition to FRS 102 Section 1A (Small Companies).