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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
Page
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Clearfin Accountants Limited Company Information for the year ended 31 October 2024
Director
I Hajioff
Secretary
N Hajioff
Company Number
08270564 (England and Wales)
Registered Office
Churchill House 137-139 Brent Street London NW4 4DJ
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Clearfin Accountants Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
16,000 
20,000 
Tangible assets
8,544 
7,825 
24,544 
27,825 
Current assets
Debtors
79,047 
46,834 
Cash at bank and in hand
20,225 
63,474 
99,272 
110,308 
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)
Net assets
44,746 
49,134 
Capital and reserves
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
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Clearfin Accountants Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
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.
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
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
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Clearfin Accountants Limited Notes to the Accounts for the year ended 31 October 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 November 2023
40,000 
At 31 October 2024
40,000 
Amortisation
At 1 November 2023
20,000 
Charge for the year
4,000 
At 31 October 2024
24,000 
Net book value
At 31 October 2024
16,000 
At 31 October 2023
20,000 
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 
Additions
833 
2,342 
3,175 
Disposals
(192)
(641)
(833)
At 31 October 2024
3,053 
13,346 
16,399 
Depreciation
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 
Net book value
At 31 October 2024
1,720 
6,824 
8,544 
At 31 October 2023
1,308 
6,517 
7,825 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
52,428 
31,033 
Accrued income and prepayments
26,619 
15,794 
Other debtors
- 
7 
79,047 
46,834 
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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 
VAT
24,020 
18,454 
Trade creditors
9,953 
13,070 
Taxes and social security
30,214 
25,450 
Loans from directors
1,713 
10,795 
74,183 
75,848 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,887 
13,151 
9
Average number of employees
During the year the average number of employees was 5 (2023: 4).
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