IRIS Accounts Production v24.1.4.33 11133132 director 1.2.23 31.1.24 31.1.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh111331322023-01-31111331322024-01-31111331322023-02-012024-01-31111331322022-01-31111331322022-02-012023-01-31111331322023-01-3111133132ns15:EnglandWales2023-02-012024-01-3111133132ns14:PoundSterling2023-02-012024-01-3111133132ns10:Director12023-02-012024-01-3111133132ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3111133132ns10:SmallEntities2023-02-012024-01-3111133132ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3111133132ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3111133132ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3111133132ns10:FullAccounts2023-02-012024-01-3111133132ns10:OrdinaryShareClass12023-02-012024-01-3111133132ns10:RegisteredOffice2023-02-012024-01-3111133132ns5:CurrentFinancialInstruments2024-01-3111133132ns5:CurrentFinancialInstruments2023-01-3111133132ns5:Non-currentFinancialInstruments2024-01-3111133132ns5:Non-currentFinancialInstruments2023-01-3111133132ns5:ShareCapital2024-01-3111133132ns5:ShareCapital2023-01-3111133132ns5:RetainedEarningsAccumulatedLosses2024-01-3111133132ns5:RetainedEarningsAccumulatedLosses2023-01-3111133132ns5:ComputerEquipment2023-02-012024-01-3111133132ns5:ComputerEquipment2023-01-3111133132ns5:ComputerEquipment2024-01-3111133132ns5:ComputerEquipment2023-01-3111133132ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3111133132ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3111133132ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-01-3111133132ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-01-3111133132ns10:OrdinaryShareClass12024-01-3111133132ns5:RetainedEarningsAccumulatedLosses2023-01-3111133132ns5:RetainedEarningsAccumulatedLosses2023-02-012024-01-31
REGISTERED NUMBER: 11133132 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Gill Clinton ltd

Gill Clinton ltd (Registered number: 11133132)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Gill Clinton ltd

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Mrs Gill Clinton





REGISTERED OFFICE: 37 Zander Grove
Liverpool
Merseyside
L12 0QP





REGISTERED NUMBER: 11133132 (England and Wales)





ACCOUNTANTS: LJS Accounting Services (UK) Ltd
Unit 5, 1st Floor
Connect Business Village
24 Derby Road
Liverpool
Merseyside
L5 9PR

Gill Clinton ltd (Registered number: 11133132)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 80 107

CURRENT ASSETS
Stocks 830 -
Debtors 5 31,029 42,062
Cash at bank - 7
31,859 42,069
CREDITORS
Amounts falling due within one year 6 1,350 890
NET CURRENT ASSETS 30,509 41,179
TOTAL ASSETS LESS CURRENT
LIABILITIES

30,589

41,286

CREDITORS
Amounts falling due after more than one
year

7

32,927

43,763
NET LIABILITIES (2,338 ) (2,477 )

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 10 (2,339 ) (2,478 )
SHAREHOLDERS' FUNDS (2,338 ) (2,477 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

Gill Clinton ltd (Registered number: 11133132)

Balance Sheet - continued
31 January 2024


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 director and authorised for issue on 31 July 2024 and were signed by:





Mrs Gill Clinton - Director


Gill Clinton ltd (Registered number: 11133132)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

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

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 - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 (2023 - 2 ) .

Gill Clinton ltd (Registered number: 11133132)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 February 2023
and 31 January 2024 450
DEPRECIATION
At 1 February 2023 343
Charge for year 27
At 31 January 2024 370
NET BOOK VALUE
At 31 January 2024 80
At 31 January 2023 107

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other debtors 30,500 35,500
Directors' current accounts - 6,000
Deferred tax asset 529 562
31,029 42,062

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Directors' current accounts 462 -
Accrued expenses 888 890
1,350 890

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans (see note 8) 32,927 43,763

8. LOANS

An analysis of the maturity of loans is given below:

31.1.24 31.1.23
£    £   
Amounts falling due between two and five years:
Bank loans - 2-5 years 32,927 43,763

Gill Clinton ltd (Registered number: 11133132)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
1 Ordinary £1 1 1

10. RESERVES
Retained
earnings
£   

At 1 February 2023 (2,478 )
Profit for the year 139
At 31 January 2024 (2,339 )