Cleaner Seas Group Limited Filleted Accounts Cover |
Company No. 11659110 | |||||||||
Cleaner Seas Group Limited Directors Report Registrar |
The Directors present their report and the accounts for the year ended 30 November 2023. | |||||||||
Principal activities | |||||||||
Directors | |||||||||
The Directors who served at any time during the year were as follows: | |||||||||
M.L. Klosowski | |||||||||
D. Miller | |||||||||
A. Sainsbury | |||||||||
J. Sirmon | |||||||||
G. Skelton | |||||||||
Signed on behalf of the board | |||||||||
D. Miller | |||||||||
Director | |||||||||
09 September 2024 |
Cleaner Seas Group Limited Balance Sheet Registrar |
at | ||||||||||
Company No. | Notes | 2023 | 2022 | |||||||
£ | £ | |||||||||
Fixed assets | ||||||||||
Intangible assets | 4 | |||||||||
Tangible assets | 5 | |||||||||
Current assets | ||||||||||
Stocks | 6 | |||||||||
Debtors | 7 | |||||||||
Cash at bank and in hand | ||||||||||
Creditors: Amount falling due within one year | 8 | ( | ( | |||||||
Net current assets | ||||||||||
Total assets less current liabilities | ||||||||||
Creditors: Amounts falling due after more than one year | 9 | ( | ( | |||||||
Net assets | ||||||||||
Capital and reserves | ||||||||||
Called up share capital | ||||||||||
Share premium account | 11 | |||||||||
Profit and loss account | 11 | ( | ( | |||||||
Total equity | ||||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on 09 September 2024 and signed on its behalf by: | ||||||||||
D. Miller | ||||||||||
Director | ||||||||||
09 September 2024 |
Cleaner Seas Group Limited Notes to the Accounts Registrar |
for the year ended 30 November 2023 | ||||||||||||||
1 | General information | |||||||||||||
Cleaner Seas Group Limited is a private company limited by shares and incorporated in England and Wales. | ||||||||||||||
Its registered number is: 11659110 | ||||||||||||||
Its registered office is: | ||||||||||||||
2 | Accounting policies | |||||||||||||
Turnover | ||||||||||||||
Revenue from the sale of goods is recognised when all the following conditions are satisfied: • the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; • the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; • the amount of revenue can be measured reliably; • it is probable that the economic benefits associated with the transaction will flow to the Company; and • the costs incurred or to be incurred in respect of the transaction can be measured reliably. Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed. | ||||||||||||||
Tangible fixed assets and depreciation | ||||||||||||||
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. | ||||||||||||||
Plant and machinery | ||||||||||||||
Research and development costs | ||||||||||||||
Expenditure on research and development is written off in the year it is incurred unless it meets the criteria to allow it to be capitalised. Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line. The relevant Research and Development Credit is shown in 'Other Operating Income'. | ||||||||||||||
Taxation | ||||||||||||||
Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. | ||||||||||||||
Trade and other debtors | ||||||||||||||
Trade and other creditors | ||||||||||||||
3 | Employees |
2023 | 2022 | |||||||||||||
Number | Number | |||||||||||||
The average monthly number of employees (including directors) during the year was: | ||||||||||||||
4 | Intangible fixed assets | |||||||||||||
Patents & Trademarks | Total | |||||||||||||
£ | £ | |||||||||||||
Cost | ||||||||||||||
At 1 December 2022 | ||||||||||||||
At 30 November 2023 | ||||||||||||||
Amortisation and impairment | ||||||||||||||
Net book values | ||||||||||||||
At 30 November 2023 | ||||||||||||||
At 30 November 2022 | ||||||||||||||
5 | Tangible fixed assets | |||||||||||||
Plant and machinery | Total | |||||||||||||
£ | £ | |||||||||||||
Cost or revaluation | ||||||||||||||
At 1 December 2022 | ||||||||||||||
Additions | ||||||||||||||
At 30 November 2023 | ||||||||||||||
Depreciation | ||||||||||||||
At 1 December 2022 | ||||||||||||||
Charge for the year | ||||||||||||||
At 30 November 2023 | ||||||||||||||
Net book values | ||||||||||||||
At 30 November 2023 | ||||||||||||||
At 30 November 2022 | 64,082 | |||||||||||||
6 | Stocks | |||||||||||||
2023 | 2022 | |||||||||||||
£ | £ | |||||||||||||
Raw materials and consumables | ||||||||||||||
7 | Debtors | |||||||||||||
2023 | 2022 | |||||||||||||
£ | £ | |||||||||||||
VAT recoverable | ||||||||||||||
8 | Creditors: | |||||||||||||
amounts falling due within one year | ||||||||||||||
2023 | 2022 | |||||||||||||
£ | £ | |||||||||||||
Trade creditors | ||||||||||||||
Taxes and social security | ||||||||||||||
Loans from directors | ||||||||||||||
Other creditors | ||||||||||||||
Accruals and deferred income | ( | |||||||||||||
9 | Creditors: | |||||||||||||
amounts falling due after more than one year | ||||||||||||||
2023 | 2022 | |||||||||||||
£ | £ | |||||||||||||
Other loans | ||||||||||||||
Other creditors | ||||||||||||||
10 | Share Capital | |||||||||||||
Ordinary shares | ||||||||||||||
11 | Reserves | |||||||||||||