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REGISTERED NUMBER: 10020207 (England and Wales)















Clockwork Media SA UK Limited

Unaudited Financial Statements

for the Year Ended 28 February 2023






Clockwork Media SA UK Limited (Registered number: 10020207)

Contents of the Financial Statements
for the year ended 28 February 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Clockwork Media SA UK Limited

Company Information
for the year ended 28 February 2023







Directors: T Manners
N M Simmonds
R Dutton





Registered office: 71-75 Shelton Street
Covent Garden
London
WC2H 9JQ





Registered number: 10020207 (England and Wales)





Accountants: Haines Watts South East LLP
Chartered Accountants
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

Clockwork Media SA UK Limited (Registered number: 10020207)

Balance Sheet
28 February 2023

2023 2022
Notes £ £ £ £
Fixed assets
Tangible assets 4 5,940 1,823

Current assets
Debtors 5 456,596 244,870
Cash at bank 248,454 310,894
705,050 555,764
Creditors
Amounts falling due within one year 6 475,288 294,721
Net current assets 229,762 261,043
Total assets less current liabilities 235,702 262,866

Capital and reserves
Called up share capital 7 100 100
Retained earnings 8 235,602 262,766
Shareholders' funds 235,702 262,866

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 November 2023 and were signed on its behalf by:





R Dutton - Director


Clockwork Media SA UK Limited (Registered number: 10020207)

Notes to the Financial Statements
for the year ended 28 February 2023


1. Statutory information

Clockwork Media SA UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern
The financial statements have been prepared on a going concern basis. The Directors have reviewed and
considered relevant information, including the annual budget and future cash flows in making their assessment.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents amounts receivable for services provided in the year and is stated net of VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Going concern
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 5 (2022 - 3 ) .

Clockwork Media SA UK Limited (Registered number: 10020207)

Notes to the Financial Statements - continued
for the year ended 28 February 2023


4. Tangible fixed assets
Computer
equipment
£
Cost
At 1 March 2022 2,852
Additions 6,156
Disposals (108 )
At 28 February 2023 8,900
Depreciation
At 1 March 2022 965
Charge for year 1,995
At 28 February 2023 2,960
Net book value
At 28 February 2023 5,940
At 28 February 2022 1,887

5. Debtors: amounts falling due within one year
2023 2022
£ £
Trade debtors 431,726 211,602
Other debtors 24,870 33,268
456,596 244,870

6. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 3,020 3,309
Taxation and social security 279,502 202,467
Other creditors 192,766 88,945
475,288 294,721

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
100 Ordinary £1 100 100

Clockwork Media SA UK Limited (Registered number: 10020207)

Notes to the Financial Statements - continued
for the year ended 28 February 2023


8. Reserves
Retained
earnings
£

At 1 March 2022 262,766
Profit for the year 270,336
Dividends (297,500 )
At 28 February 2023 235,602

9. Related party disclosures

During the year, the company made purchases of £1,066,977 (2022: £590,975) from a company in which the director has an interest. At the year-end £186,277 (2022: £84,860) was due to this company.