The Claxson Group Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04329673 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

THE CLAXSON GROUP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N D Claxson

REGISTERED OFFICE:

Comtec House

46a Albert Road North

Reigate

Surrey

RH2 9EL

REGISTERED NUMBER:

04329673 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Horsham) Limited

Ridgeland House

15 Carfax

Horsham

West Sussex

RH12 1ER

FIXED ASSETS

Tangible assets

3

2,356,689

2,378,345

Investments

4

568,798

2,925,487

2,947,143

CURRENT ASSETS

Debtors

5

29,746

-

Cash at bank

50,000

15,000

79,746

15,000

CREDITORS

Amounts falling due within one year

6

561,196

1,817,550

NET CURRENT LIABILITIES

(481,450

)

(1,802,550

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,444,037

1,144,593

CREDITORS

Amounts falling due after more than one
year

7

(1,639,822

)

(345,863

)

PROVISIONS FOR LIABILITIES

(251,632

)

(251,632

)

NET ASSETS

552,583

547,098

CAPITAL AND RESERVES

Called up share capital

1

Revaluation reserve

8

1,177,279

Other reserves

200,000

Retained earnings

(824,697

)

(830,182

)

552,583

547,098

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 24 September 2026 and were signed by:

N D Claxson - Director

1.	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.

Preparation of consolidated financial statements

The financial statements contain information about The Claxson Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Freehold land and buildings

-

4% on cost

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

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

Investments in subsidiaries

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Investments in subsidiary undertakings are recognised at cost and are subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in the profit or loss.

Going concern

The director remains confident that sufficient funding is in place and that the company has adequate resources to enable it to continue as a going concern for the foreseeable future. The accounts have therefore been prepared on the going concern basis.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

3.	TANGIBLE FIXED ASSETS

Freehold

land and

buildings

£

COST OR VALUATION

At 1 January 2025

and 31 December 2025

2,400,000

DEPRECIATION

At 1 January 2025

21,655

Charge for year

21,656

At 31 December 2025

43,311

NET BOOK VALUE

At 31 December 2025

2,356,689

At 31 December 2024

2,378,345

Included in cost or valuation of land and buildings is freehold land of £ 1,317,229 (2024 - £ 1,317,229 ) which is not depreciated.

Cost or valuation at 31 December 2025 is represented by:

Freehold

land and

buildings

£

Valuation in 2007

86,646

Valuation in 2014

125,000

Valuation in 2019

750,000

Valuation in 2023

394,962

Cost

1,043,392

2,400,000

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2025

2024

£

Cost

1,043,392

Aggregate depreciation

212,737

Value of land in freehold land and buildings

513,354

Freehold land and buildings were valued on an open market basis on 31 December 2023 by the director .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 January 2025

and 31 December 2025

568,798

NET BOOK VALUE

At 31 December 2025

568,798

At 31 December 2024

568,798

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Amounts owed by group undertakings

29,746

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

51,113

49,032

Trade creditors

-

2,319

Amounts owed to group undertakings

-

1,113,377

VAT

486,349

318,301

Other creditors

20,884

Directors' current accounts

-

312,210

Accrued expenses

2,850

1,427

561,196

1,817,550

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank loans - 1-2 years

54,057

51,856

Bank loans - 2-5 years

181,583

112,845

Bank loans more 5 yr by instal

72,015

181,162

Amounts owed to group undertakings

670,371

-

Directors' loan accounts

661,796

-

1,639,822

345,863

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

72,015

181,162

The bank loans are mortgages that are secured over the freehold property to which they relates.

8.

RESERVES

Revaluation

reserve

£

At 1 January 2025

and 31 December 2025

1,177,279

9.	RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £20,834 (2024: £20,834) from a related party.

At the balance sheet date the company owed £1,575 (2024: £1,575) to a different related party.