Company Registration No. 09287596 (England and Wales)
ClientFace Limited
Unaudited accounts
for the year ended 31 December 2023
ClientFace Limited
Unaudited accounts
Contents
ClientFace Limited
Company Information
for the year ended 31 December 2023
Directors
Alison Hellewell
Claire Rowles
Company Number
09287596 (England and Wales)
Registered Office
17 Lake Walk
Adderbury
Banbury
Oxon
OX17 3PF
Accountants
Andrew Donaldson
17 Lake Walk
Adderbury
Banbury
Oxon
OX17 3PF
ClientFace Limited
Statement of financial position
as at 31 December 2023
Tangible assets
2,307
2,844
Cash at bank and in hand
12,904
38,529
Creditors: amounts falling due within one year
(6,204)
(14,152)
Net current assets
12,580
28,377
Total assets less current liabilities
14,887
31,221
Provisions for liabilities
Called up share capital
20
20
Profit and loss account
14,429
30,661
Shareholders' funds
14,449
30,681
For the year ending 31 December 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 8 April 2024 and were signed on its behalf by
Claire Rowles
Director
Company Registration No. 09287596
ClientFace Limited
Notes to the Accounts
for the year ended 31 December 2023
ClientFace Limited is a private company, limited by shares, registered in England and Wales, registration number 09287596. The registered office is 17 Lake Walk, Adderbury, Banbury, Oxon, OX17 3PF.
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 as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of 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:
Fixtures & fittings
5 years
Computer equipment
3 years
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Services provided to clients during the year which at the balance sheet date have not been invoiced to clients have been recognised as fee income in accordance with the FRS. Fee income recognised in this manner is based on an assessment of the services provided by the balance sheet date as a proportion of the total value of the engagement. Provision is made against unbilled amounts on those engagements where the right to receive payment is contingent on factors outside of the control of the company. Unbilled fee income is included in debtors.
ClientFace Limited
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
3,729
773
4,502
At 31 December 2023
3,999
773
4,772
At 1 January 2023
935
723
1,658
Charge for the year
788
19
807
At 31 December 2023
1,723
742
2,465
At 31 December 2023
2,276
31
2,307
At 31 December 2022
2,794
50
2,844
Amounts falling due within one year
Accrued income and prepayments
-
4,000
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
4,853
11,596
Loans from directors
501
552
Allotted, called up and fully paid:
10 Ordinary A shares of £1 each
10
10
10 Ordinary B shares of £1 each
10
10
The company is controlled by the directors.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).