Windsor Clive International Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 01993464 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2023

for

Windsor Clive International Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G F Windsor-Clive

REGISTERED OFFICE:

Balak Estate Office

Ramsbury

Marlborough

Wiltshire

SN8 2HG

REGISTERED NUMBER:

01993464 (England and Wales)

ACCOUNTANTS:

Morley & Co (UK) Ltd

Chartered Certified Accountants,

2 Cricklade Court

Old Town

Swindon

Wiltshire

SN1 3EY

FIXED ASSETS

Tangible assets

4

1,109

3,316

CURRENT ASSETS

Debtors

5

30,851

10,713

Cash at bank and in hand

82,984

342,869

113,835

353,582

CREDITORS

Amounts falling due within one year

6

36,072

109,536

NET CURRENT ASSETS

77,763

244,046

TOTAL ASSETS LESS CURRENT LIABILITIES

78,872

247,362

PROVISIONS FOR LIABILITIES

211

630

NET ASSETS

78,661

246,732

CAPITAL AND RESERVES

Called up share capital

7

28,110

28,110

Retained earnings

50,551

218,622

SHAREHOLDERS' FUNDS

78,661

246,732

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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 15 August 2023 and were signed by:

G F Windsor-Clive - Director

1.	STATUTORY INFORMATION

Windsor Clive International Ltd 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.

Turnover

Turnover represents net invoiced sales of goods and services , excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% on 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.

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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments

Basic financial instruments, including trade and other receivables and payables, cash and bank balances, bank loans and loans to or from other group companies are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2022

and 30 April 2023

10,029

25,203

9,500

32,389

77,121

DEPRECIATION

At 1 May 2022

10,029

22,945

9,500

31,331

73,805

Charge for year

-

1,735

-

472

2,207

At 30 April 2023

10,029

24,680

9,500

31,803

76,012

NET BOOK VALUE

At 30 April 2023

-

523

-

586

1,109

At 30 April 2022

-

2,258

-

1,058

3,316

5.

DEBTORS

2023

2022

£

£

Amounts falling due within one year:

Trade debtors

10,468

6,057

Directors' current accounts

6,796

-

VAT

-

1,356

Prepayments and accrued income

4,484

3,300

21,748

10,713

2023

2022

£

£

Amounts falling due after more than one year:

Tax

9,103

-

Aggregate amounts

30,851

10,713

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade creditors

5,098

15,843

Tax

-

86,861

Social security and other taxes

3,529

-

VAT

18,801

-

Other creditors

4,644

3,010

Directors' current accounts

-

222

Accruals and deferred income

4,000

3,600

36,072

109,536

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2023

2022

value:

£

£

22,488

Ordinary A

£1

22,488

22,488

5,622

Ordinary B

£1

5,622

5,622

28,110

28,110