Company Registration No. 8445104 (England and Wales)
The Clearance Aisle Limited
Unaudited accounts
for the year ended 31 March 2023
The Clearance Aisle Limited
Unaudited accounts
Contents
The Clearance Aisle Limited
Company Information
for the year ended 31 March 2023
Directors
Karl Baxter
Andrew White
Company Number
8445104 (England and Wales)
Registered Office
31 Douglas Road
Poole
Dorset
BH12 2AU
Accountants
JSVM Limited
Certified Public Accountants
23a Dawkins Road
Poole
Dorset
BH15 4JY
The Clearance Aisle Limited
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
1,209
7,750
Creditors: amounts falling due within one year
(22,369)
(17,172)
Net current (liabilities)/assets
(4,786)
6,168
Total assets less current liabilities
(4,752)
6,235
Creditors: amounts falling due after more than one year
(4,336)
(6,110)
Net (liabilities)/assets
(9,088)
125
Called up share capital
2
2
Profit and loss account
(9,090)
123
Shareholders' funds
(9,088)
125
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 November 2023 and were signed on its behalf by
Andrew White
Director
Company Registration No. 8445104
The Clearance Aisle Limited
Notes to the Accounts
for the year ended 31 March 2023
The Clearance Aisle Limited is a private company, limited by shares, registered in England and Wales, registration number 8445104. The registered office is 31 Douglas Road, Poole, Dorset, BH12 2AU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover represents the value of goods and services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 Years Straight-Line
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Other debtors
16,374
15,590
The Clearance Aisle Limited
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
1,920
1,920
Trade creditors
11,875
8,309
Taxes and social security
7,699
5,963
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's current account
7,794
393
-
8,187
Director's current account
7,795
392
-
8,187
The directors' loan accounts are interest-free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).