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Company Registration No. 12233128 (England and Wales)
Claritycoat Ltd Unaudited accounts for the year ended 31 December 2023
Claritycoat Ltd Unaudited accounts Contents
Page
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Claritycoat Ltd Company Information for the year ended 31 December 2023
Directors
Mr J Pollington-Woods Mr A Pollington-Woods
Company Number
12233128 (England and Wales)
Accountants
Dominique Rose Limited Hyde Farm Hyde Lane Herts HP3 8SA
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Claritycoat Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
28,598 
32,228 
Current assets
Inventories
5,000 
3,967 
Debtors
7,045 
2,146 
Cash at bank and in hand
4,593 
2,575 
16,638 
8,688 
Creditors: amounts falling due within one year
(25,684)
(16,625)
Net current liabilities
(9,046)
(7,937)
Total assets less current liabilities
19,552 
24,291 
Creditors: amounts falling due after more than one year
(16,917)
(23,917)
Net assets
2,635 
374 
Capital and reserves
Called up share capital
245 
100 
Profit and loss account
2,390 
274 
Shareholders' funds
2,635 
374 
For the year ending 31 December 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 25 September 2024 and were signed on its behalf by
Mr J Pollington-Woods Director Company Registration No. 12233128
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Claritycoat Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Claritycoat Ltd is a private company, limited by shares, registered in England and Wales, registration number 12233128.
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.
Turnover
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.
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:
Motor vehicles
15% straight line basis
Computer equipment
25% reducing balance basis
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
35,000 
1,574 
36,574 
Additions
- 
2,039 
2,039 
At 31 December 2023
35,000 
3,613 
38,613 
Depreciation
At 1 January 2023
3,938 
408 
4,346 
Charge for the year
5,250 
419 
5,669 
At 31 December 2023
9,188 
827 
10,015 
Net book value
At 31 December 2023
25,812 
2,786 
28,598 
At 31 December 2022
31,062 
1,166 
32,228 
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Claritycoat Ltd Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
2,045 
1,035 
Trade debtors
- 
1,111 
Accrued income and prepayments
5,000 
- 
7,045 
2,146 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
7,000 
7,000 
Trade creditors
1,284 
2,193 
Amounts owed to group undertakings and other participating interests
12,226 
5,263 
Taxes and social security
301 
1,062 
Loans from directors
4,198 
432 
Accruals
675 
675 
25,684 
16,625 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
16,917 
23,917 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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