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REGISTERED NUMBER: 09578211 (England and Wales)















CLAIR OWEN LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025






CLAIR OWEN LIMITED (REGISTERED NUMBER: 09578211)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 May 2025










Page

Abridged Balance Sheet 1 to 2

Notes to the Financial Statements 3 to 4


CLAIR OWEN LIMITED (REGISTERED NUMBER: 09578211)

ABRIDGED BALANCE SHEET
31 May 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 3 65,312 73,938

CURRENT ASSETS
Debtors 38,640 42,418
Cash at bank and in hand 431,607 311,498
470,247 353,916
CREDITORS
Amounts falling due within one year (80,152 ) (59,497 )
NET CURRENT ASSETS 390,095 294,419
TOTAL ASSETS LESS CURRENT
LIABILITIES

455,407

368,357

PROVISIONS FOR LIABILITIES (16,328 ) (18,485 )
NET ASSETS 439,079 349,872

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 438,979 349,772
SHAREHOLDERS' FUNDS 439,079 349,872

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

CLAIR OWEN LIMITED (REGISTERED NUMBER: 09578211)

ABRIDGED BALANCE SHEET - continued
31 May 2025



The financial statements were approved by the director and authorised for issue on 28 July 2025 and were signed by:





Mrs C Owen - Director


CLAIR OWEN LIMITED (REGISTERED NUMBER: 09578211)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 May 2025


1. 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on as incurred over the lease term.

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.

CLAIR OWEN LIMITED (REGISTERED NUMBER: 09578211)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 May 2025


2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

3. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2024 194,641
Additions 11,879
At 31 May 2025 206,520
DEPRECIATION
At 1 June 2024 120,703
Charge for year 20,505
At 31 May 2025 141,208
NET BOOK VALUE
At 31 May 2025 65,312
At 31 May 2024 73,938

4. RELATED PARTY DISCLOSURES

There have been no material transactions with any related parties, other than those with the directors.

5. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors, by virtue of their shareholdings.