REGISTERED NUMBER: 06960710 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2024

for

Clarity Assessment Specialists

Environmental Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

B Caswell

REGISTERED OFFICE:

19 Glenmore Business Park

Southmead Close

Swindon

SN5 7FP

REGISTERED NUMBER:

06960710 (England and Wales)

ACCOUNTANTS:

Shave Consulting

Timothy Shave, FCCA

10 Bell Gardens

South Marston

Swindon

Wiltshire

SN3 4TB

FIXED ASSETS

Tangible assets

4

170,514

179,408

Investments

5

3

3

170,517

179,411

CURRENT ASSETS

Stocks

1,200

1,200

Debtors

6

37,102

10,338

Cash at bank

9,932

12,627

48,234

24,165

CREDITORS

Amounts falling due within one year

7

76,322

21,509

NET CURRENT (LIABILITIES)/ASSETS

(28,088

)

2,656

TOTAL ASSETS LESS CURRENT LIABILITIES

142,429

182,067

CREDITORS

Amounts falling due after more than one year

8

-

(25,000

)

PROVISIONS FOR LIABILITIES

(15,373

)

(17,324

)

NET ASSETS

127,056

139,743

CAPITAL AND RESERVES

Called up share capital

1

1

Revaluation reserve

9

43,832

43,832

Retained earnings

83,223

95,910

127,056

139,743

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 8 April 2025 and were signed by:

B Caswell - Director

1.	STATUTORY INFORMATION

Clarity Assessment Specialists Environmental 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 rates in order to write off each asset over its estimated useful life:

Buildings over 50 years

Plant and Machinery 25% reducing balance

Motor Vehicles 25% reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Long

Plant and

Motor

leasehold

machinery

vehicles

Totals

£

£

£

£

COST

At 1 August 2023

179,656

28,431

91,216

299,303

Additions

-

4,887

-

4,887

Disposals

-

-

(27,775

)

(27,775

)

At 31 July 2024

179,656

33,318

63,441

276,415

DEPRECIATION

At 1 August 2023

19,656

26,448

73,791

119,895

Charge for year

2,458

496

2,039

4,993

Eliminated on disposal

-

-

(18,987

)

(18,987

)

At 31 July 2024

22,114

26,944

56,843

105,901

NET BOOK VALUE

At 31 July 2024

157,542

6,374

6,598

170,514

At 31 July 2023

160,000

1,983

17,425

179,408

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakin

£

COST

At 1 August 2023

and 31 July 2024

3

NET BOOK VALUE

At 31 July 2024

3

At 31 July 2023

3

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.24

31.7.23

£

£

Trade debtors

37,102

10,338

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.24

31.7.23

£

£

Taxation and social security

20,617

13,414

Other creditors

55,705

8,095

76,322

21,509

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.24

31.7.23

£

£

Other creditors

-

25,000

9.

RESERVES

Revaluatio

reserve

£

At 1 August 2023

and 31 July 2024

43,832

Included in the undistributable reserve relating to the revaluation of the long term leasehold property, is a provision for deferred tax.