Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falseNo description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13094851 2023-01-01 2023-12-31 13094851 2022-01-01 2022-12-31 13094851 2023-12-31 13094851 2022-12-31 13094851 c:Director1 2023-01-01 2023-12-31 13094851 d:OfficeEquipment 2023-12-31 13094851 d:OfficeEquipment 2022-12-31 13094851 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 13094851 d:CurrentFinancialInstruments 2023-12-31 13094851 d:CurrentFinancialInstruments 2022-12-31 13094851 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13094851 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13094851 d:ShareCapital 2023-12-31 13094851 d:ShareCapital 2022-12-31 13094851 d:RetainedEarningsAccumulatedLosses 2023-12-31 13094851 d:RetainedEarningsAccumulatedLosses 2022-12-31 13094851 c:FRS102 2023-01-01 2023-12-31 13094851 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13094851 c:FullAccounts 2023-01-01 2023-12-31 13094851 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13094851 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 13094851










CLARITY CAR SALES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
CLARITY CAR SALES LIMITED
REGISTERED NUMBER: 13094851

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
284
379

  
284
379

Current assets
  

Stocks
 5 
2,300
2,300

Debtors: amounts falling due within one year
 6 
1,288
1,288

Cash at bank and in hand
  
8,302
13,645

  
11,890
17,233

Creditors: amounts falling due within one year
 7 
(12,641)
(22,612)

Net current liabilities
  
 
 
(751)
 
 
(5,379)

Total assets less current liabilities
  
(467)
(5,000)

  

Net liabilities
  
(467)
(5,000)


Capital and reserves
  

Called up share capital 
  
1
-

Profit and loss account
  
(468)
(5,000)

  
(467)
(5,000)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.



 
Page 1

 
CLARITY CAR SALES LIMITED
REGISTERED NUMBER: 13094851
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 July 2024.




Samantha Louise Robinson
Director

Page 2

 
CLARITY CAR SALES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

The principal activity of the company in the ear under review was that of selling used cars and light motor vehicles. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.


3.


Employees




The average monthly number of employees, including the director, during the year was as follows:


        2023
        2022
            No.
            No.







Average number of employees
1
1

Page 3

 
CLARITY CAR SALES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 January 2023
675



At 31 December 2023

675



Depreciation


At 1 January 2023
296


Charge for the year on owned assets
95



At 31 December 2023

391



Net book value



At 31 December 2023
284



At 31 December 2022
379


5.


Stocks

2023
2022
£
£

Finished goods and goods for resale
2,300
2,300

2,300
2,300



6.


Debtors

2023
2022
£
£


Other debtors
1,288
1,288

1,288
1,288


Page 4

 
CLARITY CAR SALES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
10,560
20,560

Other creditors
1,451
1,452

Accruals and deferred income
630
600

12,641
22,612


 
Page 5