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Company Registration No. 07188110 (England and Wales)
Clinton Electrics Limited Unaudited accounts for the year ended 30 April 2025
Clinton Electrics Limited Unaudited accounts Contents
Page
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Clinton Electrics Limited Company Information for the year ended 30 April 2025
Directors
B Clinton G Clinton
Company Number
07188110 (England and Wales)
Registered Office
14 Hulbert Road Waterlooville Hampshire PO7 7NT England
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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Clinton Electrics Limited Accountants' report
Accountants' report to the board of directors of Clinton Electrics Limited on the preparation of the unaudited statutory accounts for the year ended 30 April 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Clinton Electrics Limited for the year ended 30 April 2025 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Clinton Electrics Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Clinton Electrics Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Clinton Electrics Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Clinton Electrics Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Clinton Electrics Limited. You consider that Clinton Electrics Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Clinton Electrics Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense 203 West Street Fareham Hants PO16 0EN 14 May 2025
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Clinton Electrics Limited Statement of financial position as at 30 April 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
106,259 
70,120 
Current assets
Debtors
11,783 
20,570 
Creditors: amounts falling due within one year
(109,131)
(110,949)
Net current liabilities
(97,348)
(90,379)
Total assets less current liabilities
8,911 
(20,259)
Creditors: amounts falling due after more than one year
(56,053)
(81,009)
Net liabilities
(47,142)
(101,268)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(47,144)
(101,270)
Shareholders' funds
(47,142)
(101,268)
For the year ending 30 April 2025 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 May 2025 and were signed on its behalf by
G Clinton Director Company Registration No. 07188110
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Clinton Electrics Limited Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
Clinton Electrics Limited is a private company, limited by shares, registered in England and Wales, registration number 07188110. The registered office is 14 Hulbert Road, Waterlooville, Hampshire, PO7 7NT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2024
40,000 
At 30 April 2025
40,000 
Amortisation
At 1 May 2024
40,000 
At 30 April 2025
40,000 
Net book value
At 30 April 2025
- 
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Clinton Electrics Limited Notes to the Accounts for the year ended 30 April 2025
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2024
16,471 
113,110 
3,545 
133,126 
Additions
50,195 
- 
- 
50,195 
At 30 April 2025
66,666 
113,110 
3,545 
183,321 
Depreciation
At 1 May 2024
5,055 
54,867 
3,084 
63,006 
Charge for the year
5,903 
8,038 
115 
14,056 
At 30 April 2025
10,958 
62,905 
3,199 
77,062 
Net book value
At 30 April 2025
55,708 
50,205 
346 
106,259 
At 30 April 2024
11,416 
58,243 
461 
70,120 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,783 
20,570 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
53,470 
27,582 
VAT
830 
- 
Obligations under finance leases and hire purchase contracts
7,280 
778 
Trade creditors
4,812 
17,729 
Taxes and social security
7,960 
8,017 
Other creditors
- 
343 
Loans from directors
30,101 
52,597 
Accruals
4,678 
3,903 
109,131 
110,949 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
56,053 
69,064 
Obligations under finance leases and hire purchase contracts
- 
11,945 
56,053 
81,009 
9
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
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Clinton Electrics Limited Notes to the Accounts for the year ended 30 April 2025
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
B Clinton
Director loan account
26,003 
5,585 
16,833 
14,755 
G Clinton
Director loan account
26,594 
5,585 
16,833 
15,346 
52,597 
11,170 
33,666 
30,101 
11
Average number of employees
During the year the average number of employees was 3 (2024: 4).
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