IRIS Accounts Production v24.3.2.46 11294446 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false 2603 17375 90756 97918 59799 77940 33560 2603 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh112944462023-04-30112944462024-04-30112944462023-05-012024-04-30112944462022-04-30112944462022-05-012023-04-30112944462023-04-3011294446ns15:EnglandWales2023-05-012024-04-3011294446ns14:PoundSterling2023-05-012024-04-3011294446ns10:Director12023-05-012024-04-3011294446ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3011294446ns10:SmallEntities2023-05-012024-04-3011294446ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3011294446ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3011294446ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3011294446ns10:FullAccounts2023-05-012024-04-3011294446ns10:Director2422023-04-3011294446ns10:Director2422022-04-3011294446ns10:Director2422023-05-012024-04-3011294446ns10:Director2422022-05-012023-04-3011294446ns10:Director2422024-04-3011294446ns10:Director2422023-04-3011294446ns10:Director22023-05-012024-04-3011294446ns10:RegisteredOffice2023-05-012024-04-3011294446ns5:CurrentFinancialInstruments2024-04-3011294446ns5:CurrentFinancialInstruments2023-04-3011294446ns5:Non-currentFinancialInstruments2024-04-3011294446ns5:Non-currentFinancialInstruments2023-04-3011294446ns5:ShareCapital2024-04-3011294446ns5:ShareCapital2023-04-3011294446ns5:RetainedEarningsAccumulatedLosses2024-04-3011294446ns5:RetainedEarningsAccumulatedLosses2023-04-3011294446ns5:PlantMachinery2023-05-012024-04-3011294446ns5:PlantMachinery2023-04-3011294446ns5:PlantMachinery2024-04-3011294446ns5:PlantMachinery2023-04-3011294446ns5:CostValuation2023-04-3011294446ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3011294446ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30112944461ns10:Director12023-04-30112944461ns10:Director12022-04-30112944461ns10:Director12023-05-012024-04-30112944461ns10:Director12022-05-012023-04-30112944461ns10:Director12024-04-30112944461ns10:Director12023-04-30
REGISTERED NUMBER: 11294446 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

CLAINES LIMITED

CLAINES LIMITED (REGISTERED NUMBER: 11294446)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CLAINES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Mr S J Carter
Mrs T J Carter





REGISTERED OFFICE: The Stables
23b Lenten Street
Alton
Hampshire
GU34 1HG





REGISTERED NUMBER: 11294446 (England and Wales)





ACCOUNTANTS: LFM
Chartered Certified Accountants
The Stables
23b Lenten Street
Alton
Hampshire
GU34 1HG

CLAINES LIMITED (REGISTERED NUMBER: 11294446)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,235 492
Investments 5 1 1
1,236 493

CURRENT ASSETS
Debtors 6 175,247 79,313
Cash at bank 147 145
175,394 79,458
CREDITORS
Amounts falling due within one year 7 145,688 66,351
NET CURRENT ASSETS 29,706 13,107
TOTAL ASSETS LESS CURRENT
LIABILITIES

30,942

13,600

CREDITORS
Amounts falling due after more than one
year

8

(30,114

)

(13,250

)

PROVISIONS FOR LIABILITIES (309 ) -
NET ASSETS 519 350

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 419 250
SHAREHOLDERS' FUNDS 519 350

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

CLAINES LIMITED (REGISTERED NUMBER: 11294446)

BALANCE SHEET - continued
30 APRIL 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 15 January 2025 and were signed on its behalf by:





Mr S J Carter - Director


CLAINES LIMITED (REGISTERED NUMBER: 11294446)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Claines 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.
Plant and machinery etc - Straight line over 4 years

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.

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 3 (2023 - 3 ) .

CLAINES LIMITED (REGISTERED NUMBER: 11294446)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 4,909
Additions 1,423
At 30 April 2024 6,332
DEPRECIATION
At 1 May 2023 4,417
Charge for year 680
At 30 April 2024 5,097
NET BOOK VALUE
At 30 April 2024 1,235
At 30 April 2023 492

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 May 2023
and 30 April 2024 1
NET BOOK VALUE
At 30 April 2024 1
At 30 April 2023 1

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 82,701 71,785
Other debtors 37,563 4,545
120,264 76,330

Amounts falling due after more than one year:
Amounts owed by group undertakings 54,983 2,983

Aggregate amounts 175,247 79,313

CLAINES LIMITED (REGISTERED NUMBER: 11294446)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 56,122 20,113
Trade creditors 11,965 5,575
Amounts owed to group undertakings 4,029 4,029
Taxation and social security 42,228 35,433
Other creditors 31,344 1,201
145,688 66,351

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 7,378 13,250
Other creditors 22,736 -
30,114 13,250

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£    £   
Mr S J Carter and Mrs T J Carter
Balance outstanding at start of year 2,603 (17,375 )
Amounts advanced 90,756 97,918
Amounts repaid (59,799 ) (77,940 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 33,560 2,603

Interest was charged on the overdrawn balance at a rate of 2.25% per annum.

The loan was repaid within 9 months of the period end.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr S J Carter.