CLARKSON COTTAGES LTD


Director	Mr R Clarkson


Registered Address	21 Admiral Close
	Workington
	CA14 3FF


Registered Number	14264450 (England and Wales)

Statement of Financial Position
31 July 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		87,922		94,922
Investment property	4		107,500		107,500
			195,422		202,422
Current assets
Debtors		25,000		-
Cash at bank and on hand		3,964		12,421
		28,964		12,421
Creditors amounts falling due within one year	5	(158,386)		(155,096)
Net current assets (liabilities)			(129,422)		(142,675)
Total assets less current liabilities			66,000		59,747
Creditors amounts falling due after one year	6		(80,625)		(80,625)
Net assets			(14,625)		(20,878)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(14,725)		(20,978)
Shareholders' funds			(14,625)		(20,878)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 28 October 2026, and are signed on its behalf by:

Mr R Clarkson
Director
Registered Company No. 14264450

CLARKSON COTTAGES LTD

Notes to the Financial Statements
for the year ended 31 July 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover relates to rents received.

	Current taxation
	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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

	Investment property
	Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate. These values are adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Income Statement.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
At 01 August 25	105,000	105,000
At 31 July 26	105,000	105,000
Depreciation and impairment
At 01 August 25	10,078	10,078
Charge for year	7,000	7,000
At 31 July 26	17,078	17,078
Net book value
At 31 July 26	87,922	87,922
At 31 July 25	94,922	94,922

4.	Investment property


		£
	Fair value at 01 August 25	107,500
	At 31 July 26	107,500

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	71	14
Bank borrowings and overdrafts	157,421	154,236
Accrued liabilities and deferred income	894	846
Total	158,386	155,096

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	80,625	80,625
Total	80,625	80,625