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REGISTERED NUMBER: 05439989 (England and Wales)















Clarity Risk Management Limited

Unaudited Financial Statements for the Year Ended 31 December 2024






Clarity Risk Management Limited (Registered number: 05439989)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Clarity Risk Management Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: S Dhir





REGISTERED OFFICE: Burleigh House
Chapel Oak
Salford Priors
Evesham
Warwickshire
WR11 8SP





REGISTERED NUMBER: 05439989 (England and Wales)





ACCOUNTANTS: Aggarwal & Co Limited
Chartered Accountants
5 London Road
Rainham
Gillingham
Kent
ME8 7RG

Clarity Risk Management Limited (Registered number: 05439989)

Statement of Financial Position
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,996 6,506

CURRENT ASSETS
Debtors 5 678 -
Cash at bank 84,002 59,950
84,680 59,950
CREDITORS
Amounts falling due within one year 6 37,131 64,724
NET CURRENT ASSETS/(LIABILITIES) 47,549 (4,774 )
TOTAL ASSETS LESS CURRENT LIABILITIES 52,545 1,732

PROVISIONS FOR LIABILITIES 201 277
NET ASSETS 52,344 1,455

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 51,344 455
SHAREHOLDERS' FUNDS 52,344 1,455

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Clarity Risk Management Limited (Registered number: 05439989)

Statement of Financial Position - continued
31 December 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 director and authorised for issue on 26 March 2025 and were signed by:





S Dhir - Director


Clarity Risk Management Limited (Registered number: 05439989)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Clarity Risk Management 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Income recognition
Turnover represents the fair value of consideration received or receivable derived from the provision of services to customers during the year (excluding value added tax) and is recognised when the company becomes entitled to it, usually on the rendering of an invoice.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% on cost

Financial instruments
The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, and loans from other third parties.

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

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 statement of financial position date.

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 1 (2023 - NIL ) .

Clarity Risk Management Limited (Registered number: 05439989)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 18,342
Disposals (693 )
At 31 December 2024 17,649
DEPRECIATION
At 1 January 2024 11,836
Charge for year 1,510
Eliminated on disposal (693 )
At 31 December 2024 12,653
NET BOOK VALUE
At 31 December 2024 4,996
At 31 December 2023 6,506

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 678 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 13,943 41,213
Other creditors 23,188 23,511
37,131 64,724