Clevedon Organs (UK) Ltd - Filleted accounts

Registered number

06081037

Clevedon Organs (UK) Ltd

Filleted Accounts

28 February 2025

Clevedon Organs (UK) Ltd
Registered number:		06081037
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		1,289			686

Current assets
Stocks		26,395			24,920
Debtors	4	44,544			2,628
Cash at bank and in hand		46,182			78,767
		117,121			106,315

Creditors: amounts falling due within one year	5	(71,843)			(96,467)

Net current assets			45,278			9,848

Total assets less current liabilities			46,567			10,534

Creditors: amounts falling due after more than one year	6		(3,501)			(6,216)



Net assets			43,066			4,318

Capital and reserves
Called up share capital			1			1
Profit and loss account			43,065			4,317

Shareholder's funds			43,066			4,318

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr A L Hall
Director
Approved by the board on 14 November 2025

Clevedon Organs (UK) Ltd
Notes to the Accounts
for the year ended 28 February 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Office equipment			25% on cost
	Plant and machinery			25% on cost
	Tools and equipment			25% on cost

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					2		2

3	Tangible fixed assets
		Office equipment		Tools and equipment		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 March 2024	3,791		12,052		142		15,985
	Additions	-		-		1,100		1,100
	At 28 February 2025	3,791		12,052		1,242		17,085

	Depreciation
	At 1 March 2024	3,105		12,052		142		15,299
	Charge for the year	222		-		275		497
	At 28 February 2025	3,327		12,052		417		15,796

	Net book value
	At 28 February 2025	464		-		825		1,289
	At 29 February 2024	686		-		-		686


4	Debtors					2025		2024
£							£

	Trade debtors					44,544		2,628


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					3,000		3,000
	Trade creditors					2,300		3,005
	Taxation and social security costs					42,183		31,582
	Other creditors					24,360		58,880
						71,843		96,467


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					2,500		5,500
	Director's loan account					1,001		716
						3,501		6,216


7	Other information

	Clevedon Organs (UK) Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	55 Parsonage St
	Dursley
	Glos
	GL11 4BP