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REGISTERED NUMBER: 09880805 (England and Wales)















Unaudited Financial Statements

for the Period 1 December 2023 to 31 March 2025

for

Clarity Accountancy Ltd

Clarity Accountancy Ltd (Registered number: 09880805)






Contents of the Financial Statements
for the Period 1 December 2023 to 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Clarity Accountancy Ltd

Company Information
for the Period 1 December 2023 to 31 March 2025







DIRECTOR: Mrs C Northrop





REGISTERED OFFICE: 2 Elland Road
Ripponden
Sowerby Bridge
West Yorkshire
HX6 4DB





REGISTERED NUMBER: 09880805 (England and Wales)





ACCOUNTANTS: Clarity Accountancy Ltd
2 Elland Road
Ripponden
Sowerby Bridge
West Yorkshire
HX6 4DB

Clarity Accountancy Ltd (Registered number: 09880805)

Balance Sheet
31 March 2025

31.3.25 30.11.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 9,700 10,003

CURRENT ASSETS
Stocks 4,485 8,525
Debtors 5 96,243 82,543
Cash at bank and in hand 53,603 35,207
154,331 126,275
CREDITORS
Amounts falling due within one year 6 94,644 98,377
NET CURRENT ASSETS 59,687 27,898
TOTAL ASSETS LESS CURRENT
LIABILITIES

69,387

37,901

CREDITORS
Amounts falling due after more than one year 7 12,020 15,557
NET ASSETS 57,367 22,344

CAPITAL AND RESERVES
Called up share capital 105 105
Retained earnings 57,262 22,239
57,367 22,344

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 21 May 2025 and were signed by:




Mrs C Northrop - Director


Clarity Accountancy Ltd (Registered number: 09880805)

Notes to the Financial Statements
for the Period 1 December 2023 to 31 March 2025

1. STATUTORY INFORMATION

Clarity Accountancy Ltd 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 period was 3 (2023 - 3 ) .

Clarity Accountancy Ltd (Registered number: 09880805)

Notes to the Financial Statements - continued
for the Period 1 December 2023 to 31 March 2025

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2023 13,802 1,102 14,904
Additions - 3,036 3,036
At 31 March 2025 13,802 4,138 17,940
DEPRECIATION
At 1 December 2023 4,140 761 4,901
Charge for period 1,841 1,498 3,339
At 31 March 2025 5,981 2,259 8,240
NET BOOK VALUE
At 31 March 2025 7,821 1,879 9,700
At 30 November 2023 9,662 341 10,003

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 30.11.23
£    £   
Trade debtors 12,199 9,193
Other debtors 84,044 73,350
96,243 82,543

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 30.11.23
£    £   
Bank loans and overdrafts 3,000 3,000
Trade creditors 5,156 10,242
Taxation and social security 85,349 82,740
Other creditors 1,139 2,395
94,644 98,377

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.25 30.11.23
£    £   
Bank loans 12,020 15,557

Clarity Accountancy Ltd (Registered number: 09880805)

Notes to the Financial Statements - continued
for the Period 1 December 2023 to 31 March 2025

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2025 and the year ended 30 November 2023:

31.3.25 30.11.23
£    £   
Mrs C Northrop
Balance outstanding at start of period 33,350 23,000
Amounts advanced - 40,000
Amounts repaid (33,350 ) (29,650 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period - 33,350

9. RELATED PARTY DISCLOSURES

An amount of £84,044 is included in other debtors. This amount is outstanding from Clarity Property Portfolio Ltd a company that is 100% owned by the same shareholder as Clarity Accountancy Ltd.