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Company Registration No. 12448019 (England and Wales)
CLARE CORPORATE LTD Unaudited accounts for the year ended 31 March 2023
CLARE CORPORATE LTD Unaudited accounts Contents
Page
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CLARE CORPORATE LTD Company Information for the year ended 31 March 2023
Director
Richard Clare
Company Number
12448019 (England and Wales)
Registered Office
9 Henry Street Lytham FY8 5LE UK
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CLARE CORPORATE LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,611 
14,232 
Current assets
Inventories
182,299 
110,825 
Debtors
5,729 
5,136 
Cash at bank and in hand
220,691 
210,244 
408,719 
326,205 
Creditors: amounts falling due within one year
(134,133)
(226,835)
Net current assets
274,586 
99,370 
Net assets
284,197 
113,602 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
284,196 
113,601 
Shareholders' funds
284,197 
113,602 
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 director acknowledges his 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 and authorised for issue on 28 November 2023 and were signed on its behalf by
Richard Clare Director Company Registration No. 12448019
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CLARE CORPORATE LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
CLARE CORPORATE LTD is a private company, limited by shares, registered in England and Wales, registration number 12448019. The registered office is 9 Henry Street, Lytham, FY8 5LE, UK.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
11,895 
7,089 
2,472 
21,456 
At 31 March 2023
11,895 
7,089 
2,472 
21,456 
Depreciation
At 1 April 2022
3,794 
2,002 
1,428 
7,224 
Charge for the year
2,379 
1,418 
824 
4,621 
At 31 March 2023
6,173 
3,420 
2,252 
11,845 
Net book value
At 31 March 2023
5,722 
3,669 
220 
9,611 
At 31 March 2022
8,101 
5,087 
1,044 
14,232 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,442 
907 
Accrued income and prepayments
4,287 
4,229 
5,729 
5,136 
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CLARE CORPORATE LTD Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
(974)
(1,980)
Trade creditors
32,569 
50,014 
Taxes and social security
50,312 
34,243 
Loans from directors
52,226 
144,558 
134,133 
226,835 
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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