1 April 2023 v2024.67.2 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activity0falsetruexbrli:purexbrli:sharesiso4217:GBP092517222023-04-012024-03-31092517222024-03-31092517222023-03-3109251722core:WithinOneYear2024-03-3109251722core:WithinOneYear2023-03-3109251722core:ShareCapital2024-03-3109251722core:ShareCapital2023-03-3109251722core:RetainedEarningsAccumulatedLosses2024-03-3109251722core:RetainedEarningsAccumulatedLosses2023-03-3109251722bus:Director12023-04-012024-03-3109251722bus:RegisteredOffice2023-04-012024-03-3109251722core:PlantMachinery2024-03-310925172212023-04-012024-03-31092517222022-01-012023-03-3109251722countries:EnglandWales2023-04-012024-03-3109251722bus:AuditExemptWithAccountantsReport2023-04-012024-03-3109251722bus:PrivateLimitedCompanyLtd2023-04-012024-03-3109251722bus:SmallEntities2023-04-012024-03-3109251722bus:FullAccounts2023-04-012024-03-31
Company registration number:
09251722
Clientline Accountancy-Financial Consultancy LTD.
Unaudited Filleted Financial Statements for the year ended
31 March 2024
Clientline Tax Limited T/A On The Spot
Franchisee of On The Spot Tax Limited: trading as On The Spot
No. 1 Middle Floor, 12 Guithavon Street, Witham, Essex, CM8 1BN, United Kingdom
Clientline Accountancy-Financial Consultancy LTD.
Report to the board of directors on the preparation of the unaudited statutory financial statements of Clientline Accountancy-Financial Consultancy LTD.
Year ended
31 March 2024
As described on the statement of financial position, the Board of Directors of
Clientline Accountancy-Financial Consultancy LTD.
are responsible for the preparation of the
financial statements
for the year ended
31 March 2024
, which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Clientline Tax Limited T/A On The Spot
Franchisee of On The Spot Tax Limited: trading as On The Spot
No. 1 Middle Floor
12 Guithavon Street
Witham
Essex
CM8 1BN
United Kingdom
Date:
25 December 2024
Clientline Accountancy-Financial Consultancy LTD.
Statement of Financial Position
31 March 2024
20242023
Note££
Current assets    
Debtors 6
6,207
 
82
 
Cash at bank and in hand
8,394
 
2,193
 
14,601
 
2,275
 
Creditors: amounts falling due within one year 7
(1,044
)
(2,508
)
Net current assets/(liabilities)
13,557
 
(233
)
Total assets less current liabilities 13,557   (233 )
Capital and reserves    
Called up share capital
2,000
 
2,000
 
Profit and loss account
11,557
 
(2,233
)
Shareholders funds/(deficit)
13,557
 
(233
)
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.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
25 December 2024
, and are signed on behalf of the board by:
Mr M Naim
Director
Company registration number:
09251722
Clientline Accountancy-Financial Consultancy LTD.
Notes to the Financial Statements
Year ended
31 March 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
No. 1 Middle Floor
,
12 Guithavon Street
,
Witham
,
Essex
,
CM8 1BN
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Going concern

The directors continue to maintain a profit and have therefore continued to adopt the going concern basis of accounting.

Turnover

Revenue, described as turnover, is the value of bookkeeping services provided to clients during the year, plus the value of work performed during the year with respect to services. Revenue is recognised on the sale of services when the services are delivered and title has passed. Revenue is recognised on the provision of services on a percentage degree of completion basis calculated by reference to the time expended compared to the total anticipated time.

Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.
Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2023: nil).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 April 2023
and
31 March 2024
2,480
 
Depreciation  
At
1 April 2023
and
31 March 2024
2,480
 
Carrying amount  
At
31 March 2024
-  
At 31 March 2023 -  

6 Debtors

20242023
££
Trade debtors
1,423
  -  
Other debtors
4,784
 
82
 
6,207
 
82
 

7 Creditors: amounts falling due within one year

20242023
££
Trade creditors
98
 
(90
)
Taxation and social security
2,225
 
697
 
Other creditors
(1,279
)
1,901
 
1,044
 
2,508