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Company Registration No. 10501532 (England and Wales)
Clare Auction Trading Limited Unaudited accounts for the year ended 30 November 2023
Clare Auction Trading Limited Unaudited accounts Contents
Page
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Clare Auction Trading Limited Company Information for the year ended 30 November 2023
Directors
Frank Harris Robin Stone
Company Number
10501532 (England and Wales)
Registered Office
3a HIGH STREET CLARE SUFFOLK CO10 8NY ENGLAND
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Clare Auction Trading Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,759 
2,911 
Current assets
Debtors
3,545 
20,152 
Cash at bank and in hand
22,513 
16,688 
26,058 
36,840 
Creditors: amounts falling due within one year
(10,547)
(11,704)
Net current assets
15,511 
25,136 
Total assets less current liabilities
18,270 
28,047 
Creditors: amounts falling due after more than one year
(12,349)
(14,325)
Net assets
5,921 
13,722 
Capital and reserves
Profit and loss account
5,921 
13,722 
Shareholders' funds
5,921 
13,722 
For the year ending 30 November 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 16 August 2024 and were signed on its behalf by
Frank Harris Director Company Registration No. 10501532
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Clare Auction Trading Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Clare Auction Trading Limited is a private company, limited by shares, registered in England and Wales, registration number 10501532. The registered office is 3a HIGH STREET, CLARE, SUFFOLK, CO10 8NY, ENGLAND.
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:
Plant & machinery
18%
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 December 2022
5,800 
Additions
580 
At 30 November 2023
6,380 
Depreciation
At 1 December 2022
2,889 
Charge for the year
732 
At 30 November 2023
3,621 
Net book value
At 30 November 2023
2,759 
At 30 November 2022
2,911 
5
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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