Claire Marshall Ltd 11523227 false 2022-02-01 2023-01-31 2023-01-31 The principal activity of the company is Maternity support Digita Accounts Production Advanced 6.30.9574.0 true true 11523227 2022-02-01 2023-01-31 11523227 2023-01-31 11523227 core:RetainedEarningsAccumulatedLosses 2023-01-31 11523227 core:ShareCapital 2023-01-31 11523227 core:CurrentFinancialInstruments 2023-01-31 11523227 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 11523227 bus:SmallEntities 2022-02-01 2023-01-31 11523227 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 11523227 bus:FullAccounts 2022-02-01 2023-01-31 11523227 bus:SmallCompaniesRegimeForAccounts 2022-02-01 2023-01-31 11523227 bus:RegisteredOffice 2022-02-01 2023-01-31 11523227 bus:Director1 2022-02-01 2023-01-31 11523227 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 11523227 countries:EnglandWales 2022-02-01 2023-01-31 11523227 2020-09-01 2022-01-31 11523227 2022-01-31 11523227 core:RetainedEarningsAccumulatedLosses 2022-01-31 11523227 core:ShareCapital 2022-01-31 11523227 core:CurrentFinancialInstruments 2022-01-31 11523227 core:CurrentFinancialInstruments core:WithinOneYear 2022-01-31 iso4217:GBP xbrli:pure

Registration number: 11523227

Claire Marshall Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 January 2023

image-name
 

Claire Marshall Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Claire Marshall Ltd

Company Information

Director

Mrs Claire Alexandra Marshall

Registered office

Ground Floor
19 New Road
Brighton
East Sussex
BN1 1UF

Accountants

Lucraft Hodgson & Dawes LLP
Ground Floor
19 New Road
Brighton
BN1 1UF

 

Claire Marshall Ltd

(Registration number: 11523227)
Balance Sheet as at 31 January 2023

Note

31 January 2023
 £

31 January 2022
 £

Current assets

 

Debtors

4

4,000

-

Cash at bank and in hand

 

845

-

 

4,845

-

Creditors: Amounts falling due within one year

5

(10,059)

(30,262)

Net liabilities

 

(5,214)

(30,262)

Capital and Reserves

 

Called up share capital

100

100

Profit and loss account

(5,314)

(30,362)

Total equity

 

(5,214)

(30,262)

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

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 26 October 2023
 

.........................................
Mrs Claire Alexandra Marshall
Director

   
     
 

Claire Marshall Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Ground Floor
19 New Road
Brighton
East Sussex
BN1 1UF
United Kingdom

These financial statements were authorised for issue by the director on 26 October 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in Sterling, which is the functional currency of the company.

Going concern

These accounts have been prepared on a going concern basis notwithstanding the company's net liability position at the balance sheet date. The director is confident that with her continued support, the company can remain in operational existence for the foreseeable future.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Claire Marshall Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2023

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade Debtors

Trade Debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade Debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade Creditors

Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Claire Marshall Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2023

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, analysed by category was as follows:

Year ended 31 January 2023
 No.

1 September 2020 to 31 January 2022
 No.

Administration and support

1

1

1

1

4

Debtors

Current

2023
£

2022
£

Other debtors

4,000

-

 

Claire Marshall Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2023

5

Creditors

Creditors: amounts falling due within one year

Note

31 January 2023
 £

31 January 2022
 £

Due within one year

 

Loans and borrowings

6

8,686

29,532

Trade Creditors

 

643

-

Accrued expenses

 

730

730

 

10,059

30,262

6

Loans and borrowings

31 January 2023
 £

31 January 2022
 £

Current loans and borrowings

Bank overdrafts

-

20

Other borrowings

8,686

29,512

8,686

29,532