CLEARLY FINANCIAL MARKETS LIMITED

Company Registration Number:
05540358 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

CLEARLY FINANCIAL MARKETS LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

CLEARLY FINANCIAL MARKETS LIMITED

Company Information

for the Period Ended 31 August 2024




Director: Theresa Ann Sagayam
Stephen Lee Nightingale
Secretary: Theresa Ann Sagayam
Registered office: Blackwell House
Blackwell House
Guildhall Yard
London
England
EC2V 5AE
Company Registration Number: 05540358 (England and Wales)

CLEARLY FINANCIAL MARKETS LIMITED

Directors' Report Period Ended 31 August 2024

The directors present their report with the financial statements of the company for the period ended 31 August 2024

Principal Activities

The principal activity of the company in the period under review was the provision of financial services training.

Directors

The directors shown below have held office during the whole of the period from 01 September 2023 to 31 August 2024
Theresa Ann Sagayam
Stephen Lee Nightingale

Secretary
Theresa Ann Sagayam

This report was approved by the board of directors on 19 May 2025
And Signed On Behalf Of The Board By:

Name: Theresa Ann Sagayam
Status: Director

CLEARLY FINANCIAL MARKETS LIMITED

Profit and Loss Account

for the Period Ended 31 August 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 496,541 645,286
Distribution Costs ( 10,650 ) ( 350 )
Administrative Expenses ( 286,508 ) ( 398,051 )
Operating Profit or (Loss) 199,383 246,885
Profit or (Loss) Before Tax 199,383 246,885
Tax on Profit ( 49,429 ) ( 53,573 )
Profit or (Loss) for Period 149,954 193,312

The notes form part of these financial statements

CLEARLY FINANCIAL MARKETS LIMITED

Balance sheet

As at 31 August 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 121 263
Total fixed assets: 121 263
Current assets
Debtors: 83,036 82,370
Cash at bank and in hand: 66,749 104,535
Total current assets: 149,785 186,905
Creditors: amounts falling due within one year: ( 73,301 ) ( 75,627 )
Net current assets (liabilities): 76,484 111,278
Total assets less current liabilities: 76,605 111,541
Total net assets (liabilities): 76,605 111,541

The notes form part of these financial statements

CLEARLY FINANCIAL MARKETS LIMITED

Balance sheet continued

As at 31 August 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 76,603 111,539
Shareholders funds: 76,605 111,541

For the year ending 31 August 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 19 May 2025
And Signed On Behalf Of The Board By:

Name: Theresa Ann Sagayam
Status: Director

The notes form part of these financial statements

CLEARLY FINANCIAL MARKETS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Depreciation is provided, after taking into account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
    Plant and Machinery Straight line over 2 years

CLEARLY FINANCIAL MARKETS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 3 3

CLEARLY FINANCIAL MARKETS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 3. Off balance sheet disclosure

    No

CLEARLY FINANCIAL MARKETS LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Tangible Assets

Total
Cost £
At 01 September 2023 451
Additions 103
Disposals -
Revaluations -
Transfers -
At 31 August 2024 554
Depreciation
At 01 September 2023 188
Charge for year 245
On disposals -
Other adjustments -
At 31 August 2024 433
Net book value
At 31 August 2024 121
At 31 August 2023 263