1 false false false false false false false false false false true false false false false false false No description of principal activity 2023-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 2,394 386 2,780 1,838 201 2,039 741 556 xbrli:pure xbrli:shares iso4217:GBP 08417639 2023-04-01 2024-03-31 08417639 2024-03-31 08417639 2023-03-31 08417639 2022-04-01 2023-03-31 08417639 2023-03-31 08417639 2022-03-31 08417639 bus:Director1 2023-04-01 2024-03-31 08417639 core:WithinOneYear 2024-03-31 08417639 core:WithinOneYear 2023-03-31 08417639 core:ShareCapital 2024-03-31 08417639 core:ShareCapital 2023-03-31 08417639 core:RetainedEarningsAccumulatedLosses 2024-03-31 08417639 core:RetainedEarningsAccumulatedLosses 2023-03-31 08417639 bus:Director1 2023-03-31 08417639 bus:Director1 2024-03-31 08417639 bus:Director1 2022-03-31 08417639 bus:Director1 2023-03-31 08417639 bus:Director1 2022-04-01 2023-03-31 08417639 bus:SmallEntities 2023-04-01 2024-03-31 08417639 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 08417639 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08417639 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08417639 bus:FullAccounts 2023-04-01 2024-03-31 08417639 core:OfficeEquipment 2023-04-01 2024-03-31 08417639 core:OfficeEquipment 2023-03-31 08417639 core:OfficeEquipment 2024-03-31
COMPANY REGISTRATION NUMBER: 08417639
Clavis Marketing Limited
Filleted Unaudited Financial Statements
31 March 2024
Clavis Marketing Limited
Statement of Financial Position
31 March 2024
2024
2023
Note
£
£
£
Fixed assets
Tangible assets
5
741
556
Current assets
Debtors
6
9,610
14,582
Cash at bank and in hand
41,060
53,978
--------
--------
50,670
68,560
Creditors: amounts falling due within one year
7
11,948
15,752
--------
--------
Net current assets
38,722
52,808
--------
--------
Total assets less current liabilities
39,463
53,364
--------
--------
Net assets
39,463
53,364
--------
--------
Capital and reserves
Called up share capital
105
105
Profit and loss account
39,358
53,259
--------
--------
Shareholders funds
39,463
53,364
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 26 April 2024 , and are signed on behalf of the board by:
Mrs H Goldberg
Director
Company registration number: 08417639
Clavis Marketing Limited
Notes to the Financial Statements
Year ended 31 March 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 5 Minton Place, Victoria Road, Bicester, Oxon, OX26 6QB, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Office Equipment
-
25% reducing balance
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
5. Tangible assets
Equipment
Total
£
£
Cost
At 1 April 2023
2,394
2,394
Additions
386
386
-------
-------
At 31 March 2024
2,780
2,780
-------
-------
Depreciation
At 1 April 2023
1,838
1,838
Charge for the year
201
201
-------
-------
At 31 March 2024
2,039
2,039
-------
-------
Carrying amount
At 31 March 2024
741
741
-------
-------
At 31 March 2023
556
556
-------
-------
6. Debtors
2024
2023
£
£
Trade debtors
4,896
11,495
Other debtors
4,714
3,087
-------
--------
9,610
14,582
-------
--------
7. Creditors: amounts falling due within one year
2024
2023
£
£
Corporation tax
6,610
9,133
Social security and other taxes
3,581
5,296
Other creditors
1,757
1,323
--------
--------
11,948
15,752
--------
--------
8. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mrs H Goldberg
( 13)
56,805
( 57,119)
( 327)
----
--------
--------
----
2023
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mrs H Goldberg
( 2)
60,528
( 60,539)
( 13)
----
--------
--------
----