Company Registration No. 08270564 (England and Wales)
Clearfin Accountants Limited
Unaudited accounts
for the year ended 31 October 2024
Clearfin Accountants Limited
Unaudited accounts
Contents
Clearfin Accountants Limited
Company Information
for the year ended 31 October 2024
Company Number
08270564 (England and Wales)
Registered Office
Churchill House
137-139 Brent Street
London
NW4 4DJ
Clearfin Accountants Limited
Statement of financial position
as at 31 October 2024
Intangible assets
16,000
20,000
Tangible assets
8,544
7,825
Cash at bank and in hand
20,225
63,474
Creditors: amounts falling due within one year
(74,183)
(75,848)
Net current assets
25,089
34,460
Total assets less current liabilities
49,633
62,285
Creditors: amounts falling due after more than one year
(4,887)
(13,151)
Called up share capital
100
100
Profit and loss account
44,646
49,034
Shareholders' funds
44,746
49,134
For the year ending 31 October 2024 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 director acknowledges his 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 and authorised for issue on 13 July 2025 and were signed on its behalf by
I Hajioff
Director
Company Registration No. 08270564
Clearfin Accountants Limited
Notes to the Accounts
for the year ended 31 October 2024
Clearfin Accountants Limited is a private company, limited by shares, registered in England and Wales, registration number 08270564. The registered office is Churchill House, 137-139 Brent Street, London, NW4 4DJ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Purchased goodwill - straight line over 10 years
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% reducing balance
Computer equipment
20% reducing balance
Clearfin Accountants Limited
Notes to the Accounts
for the year ended 31 October 2024
4
Intangible fixed assets
Other
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2023
2,412
11,645
14,057
At 31 October 2024
3,053
13,346
16,399
At 1 November 2023
1,104
5,128
6,232
Charge for the year
303
1,706
2,009
On disposals
(74)
(312)
(386)
At 31 October 2024
1,333
6,522
7,855
At 31 October 2024
1,720
6,824
8,544
At 31 October 2023
1,308
6,517
7,825
Amounts falling due within one year
Trade debtors
52,428
31,033
Accrued income and prepayments
26,619
15,794
Clearfin Accountants Limited
Notes to the Accounts
for the year ended 31 October 2024
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,283
8,079
Trade creditors
9,953
13,070
Taxes and social security
30,214
25,450
Loans from directors
1,713
10,795
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 5 (2023: 4).