Company registration number 13857833 (England and Wales)
CLOONTIA HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023
PAGES FOR FILING WITH REGISTRAR
CLOONTIA HOLDINGS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
CLOONTIA HOLDINGS LIMITED
BALANCE SHEET
AS AT 31 JANUARY 2023
31 January 2023
- 1 -
2023
Notes
£
£
Fixed assets
Tangible assets
3
253,977
Current assets
Debtors
4
250
Cash at bank and in hand
4,608
4,858
Creditors: amounts falling due within one year
5
(900)
Net current assets
3,958
Total assets less current liabilities
257,935
Creditors: amounts falling due after more than one year
Other creditors
255,221
(255,221)
Net assets
2,714
Capital and reserves
Called up share capital
100
Profit and loss reserves
2,614
Total equity
2,714
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 January 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 11 October 2023
Mr Glen Flannery
Director
Company registration number 13857833 (England and Wales)
CLOONTIA HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023
- 2 -
1
Accounting policies
Company information
Cloontia Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is Roscommon, Malthouse lane, Earlswood, Solihull, West Midlands, United Kingdom, B94 5DU.
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.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Freehold land and buildings
N/A
Fixtures and fittings
25% on reducing balance
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
Number
Total
1
CLOONTIA HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2023
- 3 -
3
Tangible fixed assets
Freehold land and buildings
Fixtures and fittings
Total
£
£
£
Cost
At 19 January 2022
Additions
249,402
6,100
255,502
At 31 January 2023
249,402
6,100
255,502
Depreciation and impairment
At 19 January 2022
Depreciation charged in the year
1,525
1,525
At 31 January 2023
1,525
1,525
Carrying amount
At 31 January 2023
249,402
4,575
253,977
4
Debtors
2023
Amounts falling due within one year:
£
Prepayments
250
5
Creditors: amounts falling due within one year
2023
£
Accruals
900