IRIS Accounts Production v25.1.4.42 13131876 director 1.10.23 30.9.24 30.9.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh131318762023-09-30131318762024-09-30131318762023-10-012024-09-30131318762022-09-30131318762022-10-012023-09-30131318762023-09-3013131876ns15:EnglandWales2023-10-012024-09-3013131876ns14:PoundSterling2023-10-012024-09-3013131876ns10:Director12023-10-012024-09-3013131876ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3013131876ns10:SmallEntities2023-10-012024-09-3013131876ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3013131876ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3013131876ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3013131876ns10:FullAccounts2023-10-012024-09-301313187612023-10-012024-09-3013131876ns10:RegisteredOffice2023-10-012024-09-3013131876ns5:CurrentFinancialInstruments2024-09-3013131876ns5:CurrentFinancialInstruments2023-09-3013131876ns5:ShareCapital2024-09-3013131876ns5:ShareCapital2023-09-3013131876ns5:RetainedEarningsAccumulatedLosses2024-09-3013131876ns5:RetainedEarningsAccumulatedLosses2023-09-3013131876ns5:NetGoodwill2023-10-012024-09-3013131876ns5:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3013131876ns5:NetGoodwill2023-09-3013131876ns5:NetGoodwill2024-09-3013131876ns5:NetGoodwill2023-09-3013131876ns5:LeaseholdImprovements2023-09-3013131876ns5:FurnitureFittings2023-09-3013131876ns5:ComputerEquipment2023-09-3013131876ns5:LeaseholdImprovements2023-10-012024-09-3013131876ns5:FurnitureFittings2023-10-012024-09-3013131876ns5:ComputerEquipment2023-10-012024-09-3013131876ns5:LeaseholdImprovements2024-09-3013131876ns5:FurnitureFittings2024-09-3013131876ns5:ComputerEquipment2024-09-3013131876ns5:LeaseholdImprovements2023-09-3013131876ns5:FurnitureFittings2023-09-3013131876ns5:ComputerEquipment2023-09-3013131876ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3013131876ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-30
REGISTERED NUMBER: 13131876 (England and Wales)













CLEMENTS & CO SOLICITORS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024






CLEMENTS & CO SOLICITORS LIMITED (REGISTERED NUMBER: 13131876)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


CLEMENTS & CO SOLICITORS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: M Clements





REGISTERED OFFICE: 75 Cae Glas Rd
Rumney
Cardiff
CF3 3JX





REGISTERED NUMBER: 13131876 (England and Wales)





ACCOUNTANTS: Carston ETL
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

CLEMENTS & CO SOLICITORS LIMITED (REGISTERED NUMBER: 13131876)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 4,800 7,200
Tangible assets 5 25,712 24,190
30,512 31,390

CURRENT ASSETS
Debtors 6 55,408 31,711
Cash at bank and in hand 111,723 147,942
167,131 179,653
CREDITORS
Amounts falling due within one year 7 30,850 47,441
NET CURRENT ASSETS 136,281 132,212
TOTAL ASSETS LESS CURRENT LIABILITIES 166,793 163,602

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 166,693 163,502
SHAREHOLDERS' FUNDS 166,793 163,602

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 June 2025 and were signed by:





M Clements - Director


CLEMENTS & CO SOLICITORS LIMITED (REGISTERED NUMBER: 13131876)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Clements & Co Solicitors 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixture & fittings - 25% reducing balance basis

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 October 2023
and 30 September 2024 12,000
AMORTISATION
At 1 October 2023 4,800
Amortisation for year 2,400
At 30 September 2024 7,200
NET BOOK VALUE
At 30 September 2024 4,800
At 30 September 2023 7,200

CLEMENTS & CO SOLICITORS LIMITED (REGISTERED NUMBER: 13131876)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


5. TANGIBLE FIXED ASSETS
Fixtures
Improvements and Computer
to property fittings equipment Totals
£ £ £ £
COST
At 1 October 2023 23,405 1,396 - 24,801
Additions - - 1,790 1,790
At 30 September 2024 23,405 1,396 1,790 26,591
DEPRECIATION
At 1 October 2023 - 611 - 611
Charge for year - 196 72 268
At 30 September 2024 - 807 72 879
NET BOOK VALUE
At 30 September 2024 23,405 589 1,718 25,712
At 30 September 2023 23,405 785 - 24,190

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 19,317 21,711
Other debtors 36,091 10,000
55,408 31,711

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Taxation and social security 21,135 28,347
Other creditors 9,715 19,094
30,850 47,441