Cleaner Seas Group Limited Filleted Accounts Cover
Cleaner Seas Group Limited
Company No. 11659110
Information for Filing with The Registrar
30 November 2024
Cleaner Seas Group Limited Directors Report Registrar
The Directors present their report and the accounts for the year ended 30 November 2024.
Principal activities
The principal activity of the company during the year under review was manufacturing not mentioned elsewhere.
Directors
The Directors who served at any time during the year were as follows:
A. Jagdzijanc
(Resigned 30 April 2025)
M.L. Klosowski
D. Miller
A. Sainsbury
J. Sirmon
G. Skelton
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
D. Miller
Director
04 June 2025
Cleaner Seas Group Limited Balance Sheet Registrar
at
30 November 2024
Company No.
11659110
Notes
2024
2023
£
£
Fixed assets
Intangible assets
4
1,222,647669,624
Tangible assets
5
95,546132,347
1,318,193801,971
Current assets
Stocks
6
56,00080,800
Debtors
7
211,62312,308
Cash at bank and in hand
144,76312,101
412,386105,209
Creditors: Amount falling due within one year
8
(313,876)
(34,843)
Net current assets
98,51070,366
Total assets less current liabilities
1,416,703872,337
Creditors: Amounts falling due after more than one year
9
(656,216)
(406,216)
Net assets
760,487466,121
Capital and reserves
Called up share capital
88
Share premium account
11
1,658,2601,611,260
Profit and loss account
11
(897,781)
(1,145,147)
Total equity
760,487466,121
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 30 November 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 04 June 2025 and signed on its behalf by:
D. Miller
Director
04 June 2025
Cleaner Seas Group Limited Notes to the Accounts Registrar
for the year ended 30 November 2024
1
General information
Cleaner Seas Group Limited is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 11659110
Its registered office is:
Unit 1
Crimp Business Park
Morwenstow
Bude, Cornwall
EX23 9PB
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Plant and machinery
20% Reducing Balance
Research and development costs
Expenditure on research and development is written off in the year it is incurred unless it meets the criteria to allow it to be capitalised. Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line.
Taxation
Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3
Employees
2024
2023
Number
Number
The average monthly number of employees (including directors) during the year was:
33
4
Intangible fixed assets
Other
Total
£
£
Cost
At 1 December 2023
669,624669,624
Additions
553,023553,023
At 30 November 2024
1,222,6471,222,647
Amortisation and impairment
Net book values
At 30 November 2024
1,222,6471,222,647
At 30 November 2023
669,624669,624
5
Tangible fixed assets
Plant and machinery
Total
£
£
Cost or revaluation
At 1 December 2023
185,458185,458
Additions
364364
At 30 November 2024
185,822185,822
Depreciation
At 1 December 2023
53,11253,112
Charge for the year
37,16437,164
At 30 November 2024
90,27690,276
Net book values
At 30 November 2024
95,54695,546
At 30 November 2023
132,346
132,347
6
Stocks
2024
2023
£
£
Raw materials and consumables
56,00080,800
56,00080,800
7
Debtors
2024
2023
£
£
Trade debtors
122,800-
VAT recoverable
87,02312,308
Other debtors
1,800-
211,62312,308
8
Creditors:
amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
19,203-
Trade creditors
284,90030,231
Taxes and social security
8,771
2,872
Loans from directors
-737
Other creditors
1,0031,003
Accruals and deferred income
(1)
-
313,87634,843
9
Creditors:
amounts falling due after more than one year
2024
2023
£
£
Other loans
440,000190,000
Other creditors
216,216216,216
656,216406,216
10
Share Capital
Ordinary shares
11
Reserves
Share premium account - includes any premiums received on issue of share capital. Any transaction costs associated with the issuing of shares are deducted from share premium.
Profit and loss account - includes all current and prior period retained profits and losses.
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