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REGISTERED NUMBER: 02577929 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

All Clear Designs Limited

All Clear Designs Limited (Registered number: 02577929)






Contents of the Financial Statements
for the year ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


All Clear Designs Limited

Company Information
for the year ended 31 January 2024







DIRECTOR: J Holmes-Siedle





SECRETARY: A Holmes-Siedle





REGISTERED OFFICE: 3 Devonshire Mews
London
W4 2HA





REGISTERED NUMBER: 02577929 (England and Wales)





ACCOUNTANTS: WILSHERS DEJ
10-11 Heathfield Terrace
London
W4 4JE

All Clear Designs Limited (Registered number: 02577929)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 211,520 217,895
Investment property 5 800,000 800,000
1,011,520 1,017,895

CURRENT ASSETS
Debtors 6 10,016 6,896
Cash at bank and in hand 170,902 158,515
180,918 165,411
CREDITORS
Amounts falling due within one year 7 14,178 6,797
NET CURRENT ASSETS 166,740 158,614
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,178,260

1,176,509

PROVISIONS FOR LIABILITIES 130,357 130,357
NET ASSETS 1,047,903 1,046,152

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings unrealised 8 520,503 520,503
Retained earnings 527,398 525,647
SHAREHOLDERS' FUNDS 1,047,903 1,046,152

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

All Clear Designs Limited (Registered number: 02577929)

Balance Sheet - continued
31 January 2024


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 October 2024 and were signed by:





J Holmes-Siedle - Director


All Clear Designs Limited (Registered number: 02577929)

Notes to the Financial Statements
for the year ended 31 January 2024

1. STATUTORY INFORMATION

All Clear Designs Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 3% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Investment properties are included in the balance sheet at their open market value. Depreciation is not provided on investment properties.

Although the accounting policy is in accordance with the applicable accounting standard , it is a departure from the general requirement of the Companies Act 1986 for all tangible assets to be depreciated. In the opinion of the director compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

All Clear Designs Limited (Registered number: 02577929)

Notes to the Financial Statements - continued
for the year ended 31 January 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 February 2023
and 31 January 2024 296,000 3,944 39,621 51,013 390,578
DEPRECIATION
At 1 February 2023 78,560 3,944 39,621 50,558 172,683
Charge for year 5,920 - - 455 6,375
At 31 January 2024 84,480 3,944 39,621 51,013 179,058
NET BOOK VALUE
At 31 January 2024 211,520 - - - 211,520
At 31 January 2023 217,440 - - 455 217,895

On the 31 January 2016 the freehold property was revalued by James Holmes-Siedle RIBA, a director of the Company, at £296,000.

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023
and 31 January 2024 800,000
NET BOOK VALUE
At 31 January 2024 800,000
At 31 January 2023 800,000

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Other debtors 5,240 -

Amounts falling due after more than one year:
Other debtors 4,776 6,896

Aggregate amounts 10,016 6,896

All Clear Designs Limited (Registered number: 02577929)

Notes to the Financial Statements - continued
for the year ended 31 January 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,470 2,088
Taxation and social security 2,008 955
Other creditors 8,700 3,754
14,178 6,797

8. RESERVES
Retained
earnings
unrealised
£   
At 1 February 2023
and 31 January 2024 520,503

9. ULTIMATE CONTROLLING PARTY

The Company was controlled by James Holmes-Siedle.