Registered number
07224649
Clustre Ltd
Filleted Accounts
31 October 2024
Clustre Ltd
Registered number: 07224649
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Current assets
Debtors 4 9,142 20,798
Cash at bank and in hand - 1,815
9,142 22,613
Creditors: amounts falling due within one year 5 (28,028) (47,072)
Net current liabilities (18,886) (24,459)
Total assets less current liabilities (18,886) (24,459)
Creditors: amounts falling due after more than one year 6 (28,034) (28,131)
Net liabilities (46,920) (52,590)
Capital and reserves
Called up share capital 1,111 1,111
Profit and loss account (48,031) (53,701)
Shareholders' funds (46,920) (52,590)
The director is 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 director acknowledges his 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.
Robert Baldock
Director
Approved by the board on 9 January 2025
Clustre Ltd
Notes to the Accounts
for the year ended 31 October 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 rendering of services. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 3 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are recognised at transaction price including any transaction costs.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are recognised at transaction price net of any transaction costs.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 November 2023 1,785
At 31 October 2024 1,785
Depreciation
At 1 November 2023 1,785
At 31 October 2024 1,785
Net book value
At 31 October 2024 -
4 Debtors 2024 2023
£ £
Trade debtors - 3,400
Other debtors 9,142 17,398
9,142 20,798
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 7,650 8,656
Trade creditors - 15,846
Other creditors 20,378 22,570
28,028 47,072
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 28,034 28,131
7 Other information
Clustre Ltd is a private company limited by shares and incorporated in England. Its registered office is:
255 Poulton Road
Wallasey
Wirral
CH44 4BT
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