CLEARTOKEN SERVICES UK LIMITED

Company Registration Number:
14488617 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 16 November 2022

End date: 31 December 2023

CLEARTOKEN SERVICES UK LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

CLEARTOKEN SERVICES UK LIMITED

Balance sheet

As at 31 December 2023


Notes

14 months to 31 December 2023


£
Called up share capital not paid: 0
Fixed assets
Intangible assets: 3 120,975
Tangible assets: 4 36,984
Investments:   0
Total fixed assets: 157,959
Current assets
Stocks: 0
Debtors: 5 475,267
Cash at bank and in hand: 1,194,016
Total current assets: 1,669,283
Creditors: amounts falling due within one year: 6 (500,542)
Net current assets (liabilities): 1,168,741
Total assets less current liabilities: 1,326,700
Creditors: amounts falling due after more than one year: 7 (3,038,313)
Total net assets (liabilities): (1,711,613)
Capital and reserves
Called up share capital: 100
Profit and loss account: (1,711,713)
Shareholders funds: (1,711,613)

The notes form part of these financial statements

CLEARTOKEN SERVICES UK LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 August 2024
and signed on behalf of the board by:

Name: Benjamin Santos-Stephens
Status: Director

The notes form part of these financial statements

CLEARTOKEN SERVICES UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CLEARTOKEN SERVICES UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

14 months to 31 December 2023
Average number of employees during the period 4

The low number reflects that the majority of the staff recruited in the second half of the year.

CLEARTOKEN SERVICES UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible Assets

Total
Cost £
Additions 120,975
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2023 120,975
Amortisation
Charge for year 0
On disposals 0
Other adjustments 0
At 31 December 2023 0
Net book value
At 31 December 2023 120,975

CLEARTOKEN SERVICES UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
Additions 36,984
At 31 December 2023 36,984
Net book value
At 31 December 2023 36,984

CLEARTOKEN SERVICES UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors

14 months to 31 December 2023
£
Debtors due after more than one year: 410,067

Provision for corporation tax credit for the year

CLEARTOKEN SERVICES UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due within one year note

Accounts Payable £272,187Accruals £267,887VAT (£40,577)Other creditors £1,046

CLEARTOKEN SERVICES UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Creditors: amounts falling due after more than one year note

Intercompany loan from parent £3,038,313