Classicberry Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 01613475 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 March 2022

for

Classicberry Limited

Page

Company Information

1

Report of the Directors

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

J P Page

Ms S Page

SECRETARY:

S Frankland-Haile

REGISTERED OFFICE:

91 Tabernacle Street

London

EC2A 4JN

REGISTERED NUMBER:

01613475 (England and Wales)

ACCOUNTANTS:

Cook and Partners Limited

Manufactory House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

BANKERS:

Coutts & Co

440 Strand

London

WC2R 0QS

The directors present their report with the financial statements of the company for the year ended 31 March 2022.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2021 to the date of this report.

J P Page

Ms S Page

Other changes in directors holding office are as follows:

Mrs T Humphrey - resigned 31 January 2022

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

J P Page - Director

15 November 2022

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

10,820

17,305

Investments

6

100

100

10,920

17,405

CURRENT ASSETS

Debtors

7

1,366,160

1,228,306

Cash at bank and in hand

8,772,998

6,675,105

10,139,158

7,903,411

CREDITORS

Amounts falling due within one year

8

511,817

512,993

NET CURRENT ASSETS

9,627,341

7,390,418

TOTAL ASSETS LESS CURRENT LIABILITIES

9,638,261

7,407,823

CAPITAL AND RESERVES

Called up share capital

100

100

Share premium

104,361

104,361

Retained earnings

9,533,800

7,303,362

SHAREHOLDERS' FUNDS

9,638,261

7,407,823

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 15 November 2022 and were signed on its behalf by:

J P Page - Director

1.	STATUTORY INFORMATION

Classicberry 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

Accounting convention

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.

Going Concern Justification

The directors have assessed various factors and risks affecting the company and its ability in these difficult economic times to continue to trade as a going concern. The directors have not identified any material uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets and liabilities as at the balance sheet date. Therefore the financial statements for the year ended 31 March 2022 have been prepared using the going concern basis of accounting.

Revenue note

Revenue - Described as turnover - is the value of goods (net of VAT) provided to customers during the year, plus the value of work (net of VAT) performed during the year with respect to services.

Revenue is recognised on the sale of goods when the goods are delivered and title has passed. Revenue is recognised on the provision of services once completed.

Intangible fixed assets

Amortisation is provided at 10% per annum on intangible fixed assets on straight line basis from the year after capitalisation.

Tangible fixed assets

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

Plant and machinery - 20% on cost

Fixtures and fittings - 20% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2021

and 31 March 2022

20,948

AMORTISATION

At 1 April 2021

and 31 March 2022

20,948

NET BOOK VALUE

At 31 March 2022

-

At 31 March 2021

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2021

213,488

Additions

820

At 31 March 2022

214,308

DEPRECIATION

At 1 April 2021

196,183

Charge for year

7,305

At 31 March 2022

203,488

NET BOOK VALUE

At 31 March 2022

10,820

At 31 March 2021

17,305

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2021

and 31 March 2022

100

NET BOOK VALUE

At 31 March 2022

100

At 31 March 2021

100

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Jimmy Page.com Limited

Registered office: 91 Tabernacle Street, London EC2A 4 JN

Nature of business: Website management and administration

%

Class of shares:

holding

Ordinary £1 shares

100.00

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Trade debtors

1,353,268

1,183,944

Tax

-

31,737

Prepayments

12,892

12,625

1,366,160

1,228,306

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Trade creditors

76,970

249,356

Tax

109,687

-

Social security and other taxes

5,390

5,067

VAT

218,489

154,470

Other creditors

2,384

40,469

Accrued expenses

98,897

63,631

511,817

512,993

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J P Page.