IRIS Accounts Production v25.1.4.42 01444576 director 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh014445762023-09-30014445762024-09-30014445762023-10-012024-09-30014445762022-09-30014445762022-10-012023-09-30014445762023-09-3001444576ns15:EnglandWales2023-10-012024-09-3001444576ns14:PoundSterling2023-10-012024-09-3001444576ns10:Director12023-10-012024-09-3001444576ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3001444576ns10:SmallEntities2023-10-012024-09-3001444576ns10:AuditExemptWithAccountantsReport2023-10-012024-09-3001444576ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3001444576ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3001444576ns10:FullAccounts2023-10-012024-09-3001444576ns10:CompanySecretary12023-10-012024-09-3001444576ns10:RegisteredOffice2023-10-012024-09-3001444576ns5:CurrentFinancialInstruments2024-09-3001444576ns5:CurrentFinancialInstruments2023-09-3001444576ns5:Non-currentFinancialInstruments2024-09-3001444576ns5:Non-currentFinancialInstruments2023-09-3001444576ns5:ShareCapital2024-09-3001444576ns5:ShareCapital2023-09-3001444576ns5:RetainedEarningsAccumulatedLosses2024-09-3001444576ns5:RetainedEarningsAccumulatedLosses2023-09-3001444576ns5:PlantMachinery2023-10-012024-09-3001444576ns5:PlantMachinery2023-09-3001444576ns5:PlantMachinery2024-09-3001444576ns5:PlantMachinery2023-09-3001444576ns5:LeasedAssetsHeldAsLessee2023-10-012024-09-3001444576ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3001444576ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-30
REGISTERED NUMBER: 01444576 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

CLEARSONS LIMITED

CLEARSONS LIMITED (REGISTERED NUMBER: 01444576)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

CLEARSONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: M S Sims





SECRETARY: M S Sims





REGISTERED OFFICE: The Stables
23b Lenten Street
Alton
Hampshire
GU34 1HG





REGISTERED NUMBER: 01444576 (England and Wales)





ACCOUNTANTS: LFM
Chartered Certified Accountants
The Stables
23b Lenten Street
Alton
Hampshire
GU34 1HG

CLEARSONS LIMITED (REGISTERED NUMBER: 01444576)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,220 40,293

CURRENT ASSETS
Stocks 1,157 3,104
Debtors 5 127,892 96,808
Cash at bank and in hand 68,555 97,966
197,604 197,878
CREDITORS
Amounts falling due within one year 6 128,398 118,268
NET CURRENT ASSETS 69,206 79,610
TOTAL ASSETS LESS CURRENT
LIABILITIES

99,426

119,903

CREDITORS
Amounts falling due after more than one year 7 8,200 24,330
NET ASSETS 91,226 95,573

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 81,226 85,573
SHAREHOLDERS' FUNDS 91,226 95,573

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.

CLEARSONS LIMITED (REGISTERED NUMBER: 01444576)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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 25 June 2025 and were signed by:





M S Sims - Director


CLEARSONS LIMITED (REGISTERED NUMBER: 01444576)

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

1. STATUTORY INFORMATION

Clearsons 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 annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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 9 (2023 - 9 ) .

CLEARSONS LIMITED (REGISTERED NUMBER: 01444576)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023
and 30 September 2024 104,715
DEPRECIATION
At 1 October 2023 64,422
Charge for year 10,073
At 30 September 2024 74,495
NET BOOK VALUE
At 30 September 2024 30,220
At 30 September 2023 40,293

The net book value of assets held under finance lease or hire purchase contracts included above are as follows:

20242023
££
Motor vehicles16,57422,098

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 119,422 90,539
Other debtors 8,470 6,269
127,892 96,808

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 6,130 6,130
Trade creditors 64,131 48,251
Taxation and social security 34,467 45,883
Other creditors 13,670 8,004
128,398 118,268

CLEARSONS LIMITED (REGISTERED NUMBER: 01444576)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 6,667 16,667
Hire purchase contracts 1,533 7,663
8,200 24,330

8. ULTIMATE CONTROLLING PARTY

The controlling party is M S Sims.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CLEARSONS LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Clearsons Limited for the year ended 30 September 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Clearsons Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Clearsons Limited and state those matters that we have agreed to state to the director of Clearsons Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Clearsons Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Clearsons Limited. You consider that Clearsons 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 financial statements of Clearsons 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 financial statements.






LFM
Chartered Certified Accountants
The Stables
23b Lenten Street
Alton
Hampshire
GU34 1HG


25 June 2025