Company Registration No. 11045705 (England and Wales)
CLARENDON ADVISORY LIMITED
ABRIDGED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
CLARENDON ADVISORY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
CLARENDON ADVISORY LIMITED
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
6
4,517
4,435
Current assets
Debtors
7
308,885
308,628
Cash at bank and in hand
17,183
5,186
326,068
313,814
Creditors: amounts falling due within one year
8
(16,701)
(1,480)
Net current assets
309,367
312,334
Net assets
313,884
316,769
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
313,784
316,669
Total equity
313,884
316,769

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 28 September 2023
M R Boulos
Director
Company Registration No. 11045705
CLARENDON ADVISORY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
- 2 -
1
Accounting policies
Company information

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

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for consultancy services provided in the normal course of business, and is shown net of VAT.

 

 

1.3
Tangible fixed assets

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

Office equipment
25% on reducing balance
Computer equipment
33% on cost
2
Operating loss
2023
2022
Operating loss for the year is stated after charging:
£
£
Depreciation of owned tangible fixed assets
2,533
1,968
3
Employees

The average number of employees during the year was 1 (2022 - 1).

4
Taxation
2023
2022
£
£
Current tax
Under/(over) provision in previous year
(289)
-
0
CLARENDON ADVISORY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 3 -
6
Tangible fixed assets
Office equipment
Computer equipment
Total
£
£
£
Cost
At 1 April 2022
8,465
2,206
10,671
Additions
-
0
2,615
2,615
At 31 March 2023
8,465
4,821
13,286
Depreciation and impairment
At 1 April 2022
4,765
1,471
6,236
Depreciation charged in the year
925
1,608
2,533
At 31 March 2023
5,690
3,079
8,769
Carrying amount
At 31 March 2023
2,775
1,742
4,517
At 31 March 2022
3,700
735
4,435
7
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
308,885
308,628
8
Creditors: amounts falling due within one year
2023
2022
£
£
Taxation and social security
2,556
-
0
Director's current account
13,320
-
0
Accruals
825
1,480
16,701
1,480
2023-03-312022-04-01falseCCH SoftwareCCH Accounts Production 2023.200No description of principal activityM R Boulos110457051110457052022-04-012023-03-31110457052023-03-31110457052022-03-3111045705core:PlantMachinery2023-03-3111045705core:ComputerEquipment2023-03-3111045705core:PlantMachinery2022-03-3111045705core:ComputerEquipment2022-03-3111045705core:CurrentFinancialInstrumentscore:WithinOneYear2023-03-3111045705core:CurrentFinancialInstrumentscore:WithinOneYear2022-03-3111045705core:CurrentFinancialInstruments2023-03-3111045705core:CurrentFinancialInstruments2022-03-3111045705core:ShareCapital2023-03-3111045705core:ShareCapital2022-03-3111045705core:RetainedEarningsAccumulatedLosses2023-03-3111045705core:RetainedEarningsAccumulatedLosses2022-03-3111045705bus:Director12022-04-012023-03-3111045705core:PlantMachinery2022-04-012023-03-3111045705core:ComputerEquipment2022-04-012023-03-31110457052021-04-012022-03-3111045705core:UKTax2022-04-012023-03-3111045705core:UKTax2021-04-012022-03-3111045705core:PlantMachinery2022-03-3111045705core:ComputerEquipment2022-03-31110457052022-03-3111045705core:WithinOneYear2023-03-3111045705core:WithinOneYear2022-03-3111045705bus:PrivateLimitedCompanyLtd2022-04-012023-03-3111045705bus:SmallCompaniesRegimeForAccounts2022-04-012023-03-3111045705bus:FRS1022022-04-012023-03-3111045705bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3111045705bus:FullAccounts2022-04-012023-03-31xbrli:purexbrli:sharesiso4217:GBP