Registered number
08986174
CLUE HQ LTD
Filleted Accounts
for the year ended
31 March 2024
CLUE HQ LTD
Registered number: 08986174
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 11,245 10,210
Current assets
Debtors 4 84,304 109,280
Cash at bank and in hand 57,486 57,338
141,790 166,618
Creditors: amounts falling due within one year 5 (79,791) (91,554)
Net current assets 61,999 75,064
Total assets less current liabilities 73,244 85,274
Creditors: amounts falling due after more than one year 6 (22,439) (32,389)
Net assets 50,805 52,885
Capital and reserves
Called up share capital 1 1
Profit and loss account 50,804 52,884
Shareholder's funds 50,805 52,885
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S J Rowlands
Director
Approved by the board on 19 August 2024
CLUE HQ LTD
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Fixtures, fittings, tools and equipment 25% reducing balance
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 21 33
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2023 53,656
Additions 4,784
At 31 March 2024 58,440
Depreciation
At 1 April 2023 43,446
Charge for the year 3,749
At 31 March 2024 47,195
Net book value
At 31 March 2024 11,245
At 31 March 2023 10,210
4 Debtors 2024 2023
£ £
Other debtors 84,304 109,280
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 360 400
Corporation tax 3,668 8,225
Other taxes and social security costs 24,878 32,573
Other creditors 50,885 50,356
79,791 91,554
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bounce back loan 22,439 32,389
7 Other information
CLUE HQ LTD is a private company limited by shares and incorporated in England. Its registered office is:
10 Crown Street
Warrington
WA1 2AE
CLUE HQ LTD 08986174 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts April 2024 S J Rowlands No description of principal activity 08986174 2022-04-01 2023-03-31 08986174 core:WithinOneYear 2023-03-31 08986174 core:AfterOneYear 2023-03-31 08986174 core:ShareCapital 2023-03-31 08986174 core:RetainedEarningsAccumulatedLosses 2023-03-31 08986174 2023-04-01 2024-03-31 08986174 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08986174 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08986174 bus:Director40 2023-04-01 2024-03-31 08986174 2 2023-04-01 2024-03-31 08986174 core:PlantMachinery 2023-04-01 2024-03-31 08986174 countries:England 2023-04-01 2024-03-31 08986174 bus:FRS102 2023-04-01 2024-03-31 08986174 bus:FilletedAccounts 2023-04-01 2024-03-31 08986174 2024-03-31 08986174 core:WithinOneYear 2024-03-31 08986174 core:AfterOneYear 2024-03-31 08986174 core:ShareCapital 2024-03-31 08986174 core:RetainedEarningsAccumulatedLosses 2024-03-31 08986174 core:PlantMachinery 2024-03-31 08986174 2023-03-31 08986174 core:PlantMachinery 2023-03-31 iso4217:GBP xbrli:pure