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REGISTERED NUMBER: 09805788 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

E R Clarke Limited

E R Clarke Limited (Registered number: 09805788)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


E R Clarke Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Miss E R Clarke





REGISTERED OFFICE: Focus House
Millenium Way West
Phoenix Business Park
Nottingham
NG8 6AS





REGISTERED NUMBER: 09805788 (England and Wales)





ACCOUNTANTS: Franklins
1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS

E R Clarke Limited (Registered number: 09805788)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 40,487 17,976

CURRENT ASSETS
Debtors 5 91,137 62,183
Cash at bank 2,242 1,523
93,379 63,706
CREDITORS
Amounts falling due within one year 6 50,091 24,500
NET CURRENT ASSETS 43,288 39,206
TOTAL ASSETS LESS CURRENT
LIABILITIES

83,775

57,182

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 83,675 57,082
SHAREHOLDERS' FUNDS 83,775 57,182

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 November 2023 and were signed by:





Miss E R Clarke - Director


E R Clarke Limited (Registered number: 09805788)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

E R Clarke 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.

Turnover
Turnover represents the company's share of the profits of the partnership.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

E R Clarke Limited (Registered number: 09805788)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022 22,647
Additions 33,800
At 31 March 2023 56,447
AMORTISATION
At 1 April 2022 4,671
Charge for year 11,289
At 31 March 2023 15,960
NET BOOK VALUE
At 31 March 2023 40,487
At 31 March 2022 17,976

Goodwill arose on the purchase of the company's share in a partnership.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Due from partnership 8,733 -
Directors' current accounts 82,404 62,183
91,137 62,183

Other than as stated under directors loan account above, none of the above amounts related to amounts due from the director or shareholder of the company either directly or indirectly.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 25,000 3,035
Due to partnership - 3,502
Tax 23,825 16,786
Social security and other taxes 432 139
Accruals and deferred income 834 1,038
50,091 24,500

7. CALLED UP SHARE CAPITAL

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

E R Clarke Limited (Registered number: 09805788)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
Miss E R Clarke
Balance outstanding at start of year 62,183 62,797
Amounts advanced 102,171 95,791
Amounts repaid (81,950 ) (96,405 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 82,404 62,183

The director's loan account was repaid within nine months of the year end. Interest was charged on the overdrawn director's loan account at HM Revenue & Customs official rate of interest during the year being 2% per annum.