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REGISTERED NUMBER: 11823571 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Clarity Insurance Services Limited

Clarity Insurance Services Limited (Registered number: 11823571)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Clarity Insurance Services Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: K E Godden
N J Scott
A K Lawson





REGISTERED OFFICE: Lower Ground Floor, Streate Place
St. Peters Road
Bournemouth
BH1 2LT





REGISTERED NUMBER: 11823571 (England and Wales)





ACCOUNTANTS: Rawlence and Browne UDY Limited
T/A Potter and Pollard
Unit 17 Lancaster Road
Sarum Business Park
Old Sarum
Salisbury
Wiltshire
SP4 6FB

Clarity Insurance Services Limited (Registered number: 11823571)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 19,300 31,367
19,300 31,367

CURRENT ASSETS
Debtors 6 836,963 637,110
Cash at bank 76,459 64,933
913,422 702,043
CREDITORS
Amounts falling due within one year 7 384,202 242,490
NET CURRENT ASSETS 529,220 459,553
TOTAL ASSETS LESS CURRENT
LIABILITIES

548,520

490,920

CREDITORS
Amounts falling due after more than one
year

8

(356,973

)

(302,794

)

PROVISIONS FOR LIABILITIES (4,841 ) (7,842 )
NET ASSETS 186,706 180,284

CAPITAL AND RESERVES
Called up share capital 176 176
Retained earnings 186,530 180,108
186,706 180,284

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Clarity Insurance Services Limited (Registered number: 11823571)

Balance Sheet - continued
31 March 2025


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 28 August 2025 and were signed on its behalf by:





K E Godden - Director


Clarity Insurance Services Limited (Registered number: 11823571)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Clarity Insurance Services 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Computer software has been fully amortised in the current year.

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 etc - 20% on cost

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.

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.

Clarity Insurance Services Limited (Registered number: 11823571)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2024 - 25 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2024
and 31 March 2025 6,249
AMORTISATION
At 1 April 2024
and 31 March 2025 6,249
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 84,702
Additions 1,509
At 31 March 2025 86,211
DEPRECIATION
At 1 April 2024 53,335
Charge for year 13,576
At 31 March 2025 66,911
NET BOOK VALUE
At 31 March 2025 19,300
At 31 March 2024 31,367

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 241,490 264,112
Other debtors 595,473 372,998
836,963 637,110

Clarity Insurance Services Limited (Registered number: 11823571)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 102,154 70,473
Hire purchase contracts - 4,316
Trade creditors 17,515 2,728
Taxation and social security 179,799 135,488
Other creditors 84,734 29,485
384,202 242,490

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans 356,973 302,794

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25 31.3.24
£    £   
K E Godden
Balance outstanding at start of year 26,947 6,882
Amounts advanced - 23,338
Amounts repaid (26,947 ) (3,273 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 26,947

N J Scott
Balance outstanding at start of year 1,275 337
Amounts advanced - 938
Amounts repaid (1,275 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 1,275

A K Lawson
Balance outstanding at start of year 7,515 1,604
Amounts advanced - 6,059
Amounts repaid (7,515 ) (148 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 7,515