Company Registration No. 12448019 (England and Wales)
CLARE CORPORATE LTD
Unaudited accounts
for the year ended 31 March 2024
CLARE CORPORATE LTD
Unaudited accounts
Contents
CLARE CORPORATE LTD
Company Information
for the year ended 31 March 2024
Company Number
12448019 (England and Wales)
Registered Office
9 Henry Street
Lytham
FY8 5LE
UK
CLARE CORPORATE LTD
Statement of financial position
as at 31 March 2024
Tangible assets
5,594
9,611
Inventories
176,092
182,299
Cash at bank and in hand
226,873
220,691
Creditors: amounts falling due within one year
(59,589)
(134,133)
Net current assets
355,289
274,586
Net assets
360,883
284,197
Called up share capital
1
1
Profit and loss account
360,882
284,196
Shareholders' funds
360,883
284,197
For the year ending 31 March 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 28 August 2024 and were signed on its behalf by
Richard Clare
Director
Company Registration No. 12448019
CLARE CORPORATE LTD
Notes to the Accounts
for the year ended 31 March 2024
CLARE CORPORATE LTD is a private company, limited by shares, registered in England and Wales, registration number 12448019. The registered office is 9 Henry Street, Lytham, FY8 5LE, UK.
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.
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.
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.
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:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
11,895
7,089
2,472
21,456
At 31 March 2024
11,895
7,089
2,472
21,456
At 1 April 2023
6,173
3,420
2,252
11,845
Charge for the year
2,379
1,418
220
4,017
At 31 March 2024
8,552
4,838
2,472
15,862
At 31 March 2024
3,343
2,251
-
5,594
At 31 March 2023
5,722
3,669
220
9,611
Amounts falling due within one year
Accrued income and prepayments
4,946
4,287
CLARE CORPORATE LTD
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
34,942
32,569
Taxes and social security
38,630
50,312
Loans from directors
(15,346)
52,226
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).