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REGISTERED NUMBER: 01353416 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

CLAESSENS INTERNATIONAL LIMITED

CLAESSENS INTERNATIONAL LIMITED (REGISTERED NUMBER: 01353416)

Contents of the Financial Statements
for the year ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CLAESSENS INTERNATIONAL LIMITED

Company Information
for the year ended 31 December 2024







Directors: F M A Claessens
A H M Claessens





Registered office: C/O Cooper Parry
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 01353416 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

CLAESSENS INTERNATIONAL LIMITED (REGISTERED NUMBER: 01353416)

Balance Sheet
31 December 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 4 58,127 72,659
Investments 5 - -
58,127 72,659

Current assets
Stocks 33,000 40,000
Debtors 6 597,335 613,264
Cash at bank 3,866 30,440
634,201 683,704
Creditors
Amounts falling due within one year 7 369,200 290,461
Net current assets 265,001 393,243
Total assets less current liabilities 323,128 465,902

Capital and reserves
Called up share capital 8 2,500 2,500
Other reserves 320,293 320,293
Retained earnings 335 143,109
Shareholders' funds 323,128 465,902

CLAESSENS INTERNATIONAL LIMITED (REGISTERED NUMBER: 01353416)

Balance Sheet - continued
31 December 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 August 2025 and were signed on its behalf by:





F M A Claessens - Director


CLAESSENS INTERNATIONAL LIMITED (REGISTERED NUMBER: 01353416)

Notes to the Financial Statements
for the year ended 31 December 2024


1. Statutory information

Claessens International 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Going concern
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

Preparation of consolidated financial statements
The financial statements contain information about Claessens International Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

CLAESSENS INTERNATIONAL LIMITED (REGISTERED NUMBER: 01353416)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


2. Accounting policies - continued

Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial statements
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Equity Instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

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.

CLAESSENS INTERNATIONAL LIMITED (REGISTERED NUMBER: 01353416)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


2. Accounting policies - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

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 19 (2023 - 20 ) .

4. Tangible fixed assets
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£ £ £ £
Cost
At 1 January 2024
and 31 December 2024 20,780 79,560 190,155 290,495
Depreciation
At 1 January 2024 15,329 58,331 144,176 217,836
Charge for year 1,090 4,246 9,196 14,532
At 31 December 2024 16,419 62,577 153,372 232,368
Net book value
At 31 December 2024 4,361 16,983 36,783 58,127
At 31 December 2023 5,451 21,229 45,979 72,659

CLAESSENS INTERNATIONAL LIMITED (REGISTERED NUMBER: 01353416)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


5. Fixed asset investments
Shares in
group
undertakings
£
Cost
At 1 January 2024
and 31 December 2024 2,001
Provisions
At 1 January 2024
and 31 December 2024 2,001
Net book value
At 31 December 2024 -
At 31 December 2023 -

6. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors 173,333 240,517
Other debtors 424,002 372,747
597,335 613,264

7. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts 31,410 37,278
Trade creditors 174,353 172,102
Taxation and social security 144,248 52,523
Other creditors 19,189 28,558
369,200 290,461

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
2,500 Ordinary £1 2,500 2,500

CLAESSENS INTERNATIONAL LIMITED (REGISTERED NUMBER: 01353416)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


9. Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£ £
F M A Claessens
Balance outstanding at start of year 1,747 2,440
Amounts advanced 20,000 -
Amounts repaid (733 ) (693 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 21,014 1,747

A H M Claessens
Balance outstanding at start of year (2,240 ) (2,240 )
Amounts advanced 20,000 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 17,760 (2,240 )

10. Related party disclosures

During the year the company paid £34,000 storage charges to a partnership of the directors.