Company Registration No. 13196169 (England and Wales)
CLEAR FOR MEN LTD.
Unaudited accounts
for the year ended 29 February 2024
CLEAR FOR MEN LTD.
Unaudited accounts
Contents
CLEAR FOR MEN LTD.
Company Information
for the year ended 29 February 2024
Director
Louis James Watkins
Company Number
13196169 (England and Wales)
Registered Office
93 Oakfield Road
Newport
NP20 4LP
Accountants
Evans Entwistle
Venta House
Maes-glas
Newport
NP20 2NS
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
CLEAR FOR MEN LTD.
for the year ended 29 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of CLEAR FOR MEN LTD. for the year ended 29 February 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle
Member in Practice
Venta House
Maes-glas
Newport
NP20 2NS
9 September 2024
CLEAR FOR MEN LTD.
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
282
200
Creditors: amounts falling due within one year
(846)
(840)
Net current assets
4,936
15,677
Total assets less current liabilities
4,936
15,677
Creditors: amounts falling due after more than one year
(36,681)
(31,223)
Net liabilities
(31,745)
(15,546)
Called up share capital
50
50
Profit and loss account
(31,795)
(15,596)
Shareholders' funds
(31,745)
(15,546)
For the year ending 29 February 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 9 September 2024 and were signed on its behalf by
Louis James Watkins
Director
Company Registration No. 13196169
CLEAR FOR MEN LTD.
Notes to the Accounts
for the year ended 29 February 2024
CLEAR FOR MEN LTD. is a private company, limited by shares, registered in England and Wales, registration number 13196169. The registered office is 93 Oakfield Road, Newport, NP20 4LP.
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.
These financial statements for the year ended 29 February 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Creditors: amounts falling due within one year
2024
2023
5
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
36,681
31,223
Allotted, called up and fully paid:
50 Ordinary shares of £1 each
50
50
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).