1 June 2023 false No description of principal activity Taxfiler 2024.5 NI661430business:PrivateLimitedCompanyLtd2023-06-012024-05-31 NI6614302023-05-31 NI6614302023-06-012024-05-31 NI661430business:AuditExemptWithAccountantsReport2023-06-012024-05-31 NI661430business:FilletedAccounts2023-06-012024-05-31 NI6614302024-05-31 NI661430business:Director12023-06-012024-05-31 NI661430business:RegisteredOffice2023-06-012024-05-31 NI6614302023-05-31 NI661430core:WithinOneYear2024-05-31 NI661430core:WithinOneYear2023-05-31 NI661430core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 NI661430core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 NI661430core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 NI661430core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 NI661430core:PreviouslyStatedAmount2024-05-31 NI661430core:PreviouslyStatedAmount2023-05-31 NI661430business:SmallEntities2023-06-012024-05-31 NI661430countries:NorthernIreland2023-06-012024-05-31 NI661430core:FurnitureFittings2023-06-012024-05-31 NI661430core:Goodwill2023-05-31 NI661430core:Goodwill2024-05-31 NI661430core:Goodwill2023-06-012024-05-31 NI661430core:FurnitureFittings2023-05-31 NI661430core:FurnitureFittings2024-05-31 NI6614302022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. NI661430 (Northern Ireland)
CLARBIZ LIMITED Unaudited accounts for the year ended 31 May 2024
CLARBIZ LIMITED Unaudited accounts Contents
Page
- 2 -
CLARBIZ LIMITED Company Information for the year ended 31 May 2024
Director
Peter Clarke
Company Number
NI661430 (Northern Ireland)
Registered Office
Wellington House 30 Darling St Enniskillen Fermanagh BT74 7EW
Accountants
MacNeary Rasdale & Co. Ltd Wellington House 30 Darling St Enniskillen Fermanagh BT74 7EW
- 3 -
Accountants' report to the Board of Directors on the unaudited financial statements of CLARBIZ LIMITED for the year ended 31 May 2024
In accordance with our engagement letter dated 1 July 2024, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.
This report is made solely to the company's Board of Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company's Board of Directors that we have done so and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's Board of Directors as a body, for our work or for this report.
We have carried out this engagement in accordance with guidance issued by the Chartered Accountants Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.
You have acknowledged on the balance sheet for the year ended 31 May 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
MacNeary Rasdale & Co. Ltd Chartered Accountants Wellington House 30 Darling St Enniskillen Fermanagh BT74 7EW 19 July 2024
- 4 -
CLARBIZ LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
6,000 
7,200 
Tangible assets
185 
361 
6,185 
7,561 
Current assets
Debtors
7,040 
6,295 
Cash at bank and in hand
(801)
- 
6,239 
6,295 
Creditors: amounts falling due within one year
(11,447)
(12,927)
Net current liabilities
(5,208)
(6,632)
Net assets
977 
929 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
877 
829 
Shareholders' funds
977 
929 
For the year ending 31 May 2024 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and authorised for issue on 19 July 2024 and were signed on its behalf by
Peter Clarke Director Company Registration No. NI661430
- 5 -
CLARBIZ LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
CLARBIZ LIMITED is a private company, limited by shares, registered in Northern Ireland, registration number NI661430. The registered office is Wellington House, 30 Darling St, Enniskillen, Fermanagh, BT74 7EW.
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortisation is at 10% Straight Line
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:
Fixtures & fittings
20% Straight Line
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 June 2023
12,000 
At 31 May 2024
12,000 
Amortisation
At 1 June 2023
4,800 
Charge for the year
1,200 
At 31 May 2024
6,000 
Net book value
At 31 May 2024
6,000 
At 31 May 2023
7,200 
- 6 -
CLARBIZ LIMITED Notes to the Accounts for the year ended 31 May 2024
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 June 2023
879 
At 31 May 2024
879 
Depreciation
At 1 June 2023
518 
Charge for the year
176 
At 31 May 2024
694 
Net book value
At 31 May 2024
185 
At 31 May 2023
361 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,000 
3,144 
Other debtors
1,040 
3,151 
7,040 
6,295 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,437 
9,406 
VAT
3,396 
665 
Taxes and social security
2,743 
1,856 
Loans from directors
(2,129)
- 
Accruals
1,000 
1,000 
11,447 
12,927 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 7 -