2022-04-012023-03-312023-03-31falseSC625904I LOVE CLARKSTON LTD2023-10-02iso4217:GBPxbrli:pureSC6259042022-04-01SC6259042023-03-31SC6259042022-04-012023-03-31SC6259042021-04-01SC6259042022-03-31SC6259042021-04-012022-03-31SC625904bus:SmallEntities2022-04-012023-03-31SC625904bus:AuditExempt-NoAccountantsReport2022-04-012023-03-31SC625904bus:FullAccounts2022-04-012023-03-31SC625904bus:CompanyLimitedByGuarantee2022-04-012023-03-31SC625904core:WithinOneYear2023-03-31SC625904core:AfterOneYear2023-03-31SC625904core:WithinOneYear2022-03-31SC625904core:AfterOneYear2022-03-31SC625904core:ShareCapital2023-03-31SC625904core:SharePremium2023-03-31SC625904core:RevaluationReserve2023-03-31SC625904core:OtherReservesSubtotal2023-03-31SC625904core:RetainedEarningsAccumulatedLosses2023-03-31SC625904core:ShareCapital2022-03-31SC625904core:SharePremium2022-03-31SC625904core:RevaluationReserve2022-03-31SC625904core:OtherReservesSubtotal2022-03-31SC625904core:RetainedEarningsAccumulatedLosses2022-03-31SC625904core:LandBuildings2023-03-31SC625904core:PlantMachinery2023-03-31SC625904core:Vehicles2023-03-31SC625904core:FurnitureFittings2023-03-31SC625904core:OfficeEquipment2023-03-31SC625904core:NetGoodwill2023-03-31SC625904core:IntangibleAssetsOtherThanGoodwill2023-03-31SC625904core:ListedExchangeTraded2023-03-31SC625904core:UnlistedNon-exchangeTraded2023-03-31SC625904core:LandBuildings2022-03-31SC625904core:PlantMachinery2022-03-31SC625904core:Vehicles2022-03-31SC625904core:FurnitureFittings2022-03-31SC625904core:OfficeEquipment2022-03-31SC625904core:NetGoodwill2022-03-31SC625904core:IntangibleAssetsOtherThanGoodwill2022-03-31SC625904core:ListedExchangeTraded2022-03-31SC625904core:UnlistedNon-exchangeTraded2022-03-31SC625904core:LandBuildings2022-04-012023-03-31SC625904core:PlantMachinery2022-04-012023-03-31SC625904core:Vehicles2022-04-012023-03-31SC625904core:FurnitureFittings2022-04-012023-03-31SC625904core:OfficeEquipment2022-04-012023-03-31SC625904core:NetGoodwill2022-04-012023-03-31SC625904core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-31SC625904core:ListedExchangeTraded2022-04-012023-03-31SC625904core:UnlistedNon-exchangeTraded2022-04-012023-03-31SC625904core:MoreThanFiveYears2022-04-012023-03-31SC625904core:Non-currentFinancialInstruments2023-03-31SC625904core:Non-currentFinancialInstruments2022-03-31SC625904dpl:CostSales2022-04-012023-03-31SC625904dpl:DistributionCosts2022-04-012023-03-31SC625904core:LandBuildings2022-04-012023-03-31SC625904core:PlantMachinery2022-04-012023-03-31SC625904core:Vehicles2022-04-012023-03-31SC625904core:FurnitureFittings2022-04-012023-03-31SC625904core:OfficeEquipment2022-04-012023-03-31SC625904dpl:AdministrativeExpenses2022-04-012023-03-31SC625904core:NetGoodwill2022-04-012023-03-31SC625904core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-31SC625904dpl:GroupUndertakings2022-04-012023-03-31SC625904dpl:ParticipatingInterests2022-04-012023-03-31SC625904dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-31SC625904core:ListedExchangeTraded2022-04-012023-03-31SC625904dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-31SC625904core:UnlistedNon-exchangeTraded2022-04-012023-03-31SC625904dpl:CostSales2021-04-012022-03-31SC625904dpl:DistributionCosts2021-04-012022-03-31SC625904core:LandBuildings2021-04-012022-03-31SC625904core:PlantMachinery2021-04-012022-03-31SC625904core:Vehicles2021-04-012022-03-31SC625904core:FurnitureFittings2021-04-012022-03-31SC625904core:OfficeEquipment2021-04-012022-03-31SC625904dpl:AdministrativeExpenses2021-04-012022-03-31SC625904core:NetGoodwill2021-04-012022-03-31SC625904core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-31SC625904dpl:GroupUndertakings2021-04-012022-03-31SC625904dpl:ParticipatingInterests2021-04-012022-03-31SC625904dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-31SC625904core:ListedExchangeTraded2021-04-012022-03-31SC625904dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-31SC625904core:UnlistedNon-exchangeTraded2021-04-012022-03-31SC625904core:NetGoodwill2023-03-31SC625904core:IntangibleAssetsOtherThanGoodwill2023-03-31SC625904core:LandBuildings2023-03-31SC625904core:PlantMachinery2023-03-31SC625904core:Vehicles2023-03-31SC625904core:FurnitureFittings2023-03-31SC625904core:OfficeEquipment2023-03-31SC625904core:AfterOneYear2023-03-31SC625904core:WithinOneYear2023-03-31SC625904core:ListedExchangeTraded2023-03-31SC625904core:UnlistedNon-exchangeTraded2023-03-31SC625904core:ShareCapital2023-03-31SC625904core:SharePremium2023-03-31SC625904core:RevaluationReserve2023-03-31SC625904core:OtherReservesSubtotal2023-03-31SC625904core:RetainedEarningsAccumulatedLosses2023-03-31SC625904core:NetGoodwill2022-03-31SC625904core:IntangibleAssetsOtherThanGoodwill2022-03-31SC625904core:LandBuildings2022-03-31SC625904core:PlantMachinery2022-03-31SC625904core:Vehicles2022-03-31SC625904core:FurnitureFittings2022-03-31SC625904core:OfficeEquipment2022-03-31SC625904core:AfterOneYear2022-03-31SC625904core:WithinOneYear2022-03-31SC625904core:ListedExchangeTraded2022-03-31SC625904core:UnlistedNon-exchangeTraded2022-03-31SC625904core:ShareCapital2022-03-31SC625904core:SharePremium2022-03-31SC625904core:RevaluationReserve2022-03-31SC625904core:OtherReservesSubtotal2022-03-31SC625904core:RetainedEarningsAccumulatedLosses2022-03-31SC625904core:NetGoodwill2021-04-01SC625904core:IntangibleAssetsOtherThanGoodwill2021-04-01SC625904core:LandBuildings2021-04-01SC625904core:PlantMachinery2021-04-01SC625904core:Vehicles2021-04-01SC625904core:FurnitureFittings2021-04-01SC625904core:OfficeEquipment2021-04-01SC625904core:AfterOneYear2021-04-01SC625904core:WithinOneYear2021-04-01SC625904core:ListedExchangeTraded2021-04-01SC625904core:UnlistedNon-exchangeTraded2021-04-01SC625904core:ShareCapital2021-04-01SC625904core:SharePremium2021-04-01SC625904core:RevaluationReserve2021-04-01SC625904core:OtherReservesSubtotal2021-04-01SC625904core:RetainedEarningsAccumulatedLosses2021-04-01SC625904core:AfterOneYear2022-04-012023-03-31SC625904core:WithinOneYear2022-04-012023-03-31SC625904core:Non-currentFinancialInstrumentscore:CostValuation2022-04-012023-03-31SC625904core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-04-012023-03-31SC625904core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-04-012023-03-31SC625904core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-04-012023-03-31SC625904core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-04-012023-03-31SC625904core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-04-012023-03-31SC625904core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-04-012023-03-31SC625904core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-04-012023-03-31SC625904core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-04-012023-03-31SC625904core:Non-currentFinancialInstrumentscore:CostValuation2023-03-31SC625904core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-31SC625904core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-31SC625904core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-31SC625904core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-31SC625904core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-31SC625904core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-31SC625904core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-31SC625904core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-31SC625904core:Non-currentFinancialInstrumentscore:CostValuation2022-03-31SC625904core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-03-31SC625904core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-03-31SC625904core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-03-31SC625904core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-03-31SC625904core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-03-31SC625904core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-03-31SC625904core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-03-31SC625904core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-03-31SC625904bus:Director12022-04-012023-03-31SC625904bus:Director22022-04-012023-03-31SC625904bus:Director32022-04-012023-03-31

I LOVE CLARKSTON LTD

Registered Number
SC625904
(Scotland)

Unaudited Financial Statements for the Year ended
31 March 2023

I LOVE CLARKSTON LTD
Company Information
for the year from 1 April 2022 to 31 March 2023

Directors

MCHARG, Alison
PERRY, Jane
STEWART, Deborah

Registered Address

The Foundry Business Zone
Main Street
Barrhead
G78 1SW

Registered Number

SC625904 (Scotland)
I LOVE CLARKSTON LTD
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Current assets
Debtors62,8733,661
Cash at bank and on hand7852,988
3,6586,649
Creditors amounts falling due within one year7(1,481)(1,263)
Net current assets (liabilities)2,1775,386
Total assets less current liabilities2,1775,386
Net assets2,1775,386
Capital and reserves
Profit and loss account2,1775,386
Reserves2,1775,386
The financial statements were approved and authorised for issue by the Board of Directors on 2 October 2023, and are signed on its behalf by:
MCHARG, Alison
Director
PERRY, Jane
Director
STEWART, Deborah
Director

Registered Company No. SC625904
I LOVE CLARKSTON LTD
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by guarantee and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The companies principal activity is Activities of business and employers membership organisations.
4.Accounting policies
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
5.Employee information

20232022
Average number of employees during the year00
6.Debtors

2023

2022

££
Trade debtors / trade receivables1,193-
Other debtors1,6803,661
Total2,8733,661
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
7.Creditors within one year

2023

2022

££
Trade creditors / trade payables5751,263
Other creditors906-
Total1,4811,263
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.