Registered number
14670067
CLEARANCE DEALS TRADING LTD
Filleted Accounts
29 February 2024
CLEARANCE DEALS TRADING LTD
Registered number: 14670067
Balance Sheet
as at 29 February 2024
Notes 2024
£
Current assets
Cash at bank and in hand 7
Creditors: amounts falling due within one year 3 (200)
Net current liabilities (193)
Net liabilities (193)
Capital and reserves
Called up share capital 1
Profit and loss account (194)
Shareholders' funds (193)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Mohammad Faisal
Director
Approved by the board on 15 November 2024
CLEARANCE DEALS TRADING LTD
Notes to the Accounts
for the year ended 29 February 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024
Number
Average number of persons employed by the company 1
3 Creditors: amounts falling due within one year 2024
£
Other creditors 200
4 Other information
CLEARANCE DEALS TRADING LTD is a private company limited by shares and incorporated in England. Its registered office is:
Unit 1
Sleepdown House
Bower Street
Manchester
M40 2BH
CLEARANCE DEALS TRADING LTD 14670067 false 2023-03-01 2024-02-29 2024-02-29 VT Final Accounts April 2024 Mr Mohammad Faisal No description of principal activity 14670067 2023-03-01 2024-02-29 14670067 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 14670067 bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 14670067 bus:Director40 2023-03-01 2024-02-29 14670067 2 2023-03-01 2024-02-29 14670067 countries:England 2023-03-01 2024-02-29 14670067 bus:FRS102 2023-03-01 2024-02-29 14670067 bus:FilletedAccounts 2023-03-01 2024-02-29 14670067 2024-02-29 14670067 core:WithinOneYear 2024-02-29 14670067 core:ShareCapital 2024-02-29 14670067 core:RetainedEarningsAccumulatedLosses 2024-02-29 14670067 2023-02-28 iso4217:GBP xbrli:pure