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REGISTERED NUMBER: 06491491 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2024

for

Clear Plan (SAAS) Limited

Clear Plan (SAAS) Limited (Registered number: 06491491)






Contents of the Financial Statements
for the Year Ended 28 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Clear Plan (SAAS) Limited

Company Information
for the Year Ended 28 February 2024







DIRECTORS: B Rumbles
M Jaffer
N Rumbles
Y Jaffer





SECRETARY: B Rumbles





REGISTERED OFFICE: International House
36-38 Cornhill
London
EC3V 3NG





REGISTERED NUMBER: 06491491 (England and Wales)





ACCOUNTANTS: Bennett and Company
Chartered Certified Accountants
The Coach House
Ealing Green
London
W5 5ER

Clear Plan (SAAS) Limited (Registered number: 06491491)

Balance Sheet
28 February 2024

28.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 58,815 6,093

CURRENT ASSETS
Debtors 5 266,646 195,405
Cash at bank 1,490,318 1,583,775
1,756,964 1,779,180
CREDITORS
Amounts falling due within one year 6 124,707 238,633
NET CURRENT ASSETS 1,632,257 1,540,547
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,691,072

1,546,640

CREDITORS
Amounts falling due after more than one
year

7

41,806

-
NET ASSETS 1,649,266 1,546,640

CAPITAL AND RESERVES
Called up share capital 8 4 4
Retained earnings 1,649,262 1,546,636
SHAREHOLDERS' FUNDS 1,649,266 1,546,640

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Clear Plan (SAAS) Limited (Registered number: 06491491)

Balance Sheet - continued
28 February 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 November 2024 and were signed on its behalf by:





B Rumbles - Director


Clear Plan (SAAS) Limited (Registered number: 06491491)

Notes to the Financial Statements
for the Year Ended 28 February 2024

1. STATUTORY INFORMATION

Clear Plan (SAAS) 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 33% on cost
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

Clear Plan (SAAS) Limited (Registered number: 06491491)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 March 2023 - 28,379 28,379
Additions 54,954 1,090 56,044
At 28 February 2024 54,954 29,469 84,423
DEPRECIATION
At 1 March 2023 - 22,286 22,286
Charge for year 1,526 1,796 3,322
At 28 February 2024 1,526 24,082 25,608
NET BOOK VALUE
At 28 February 2024 53,428 5,387 58,815
At 28 February 2023 - 6,093 6,093

Fixed assets, included in the above, which are held under finance leases are as follows:
Motor
vehicles
£   
COST
Additions 54,954
At 28 February 2024 54,954
DEPRECIATION
Charge for year 1,526
At 28 February 2024 1,526
NET BOOK VALUE
At 28 February 2024 53,428

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Trade debtors 167,036 195,405
Other debtors 14,610 -
Directors' current accounts 85,000 -
266,646 195,405

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Finance leases 6,137 -
Taxation and social security 94,795 225,136
Other creditors 23,775 13,497
124,707 238,633

Clear Plan (SAAS) Limited (Registered number: 06491491)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.24 28.2.23
£    £   
Finance leases 41,806 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.24 28.2.23
value: £    £   
4 Ordinary £1 4 4

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2024 and 28 February 2023:

28.2.24 28.2.23
£    £   
B Rumbles
Balance outstanding at start of year - -
Amounts advanced 85,000 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 85,000 -