05507023falsethe provision of general building services2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-12-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FRS1022024-01-012024-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-01-012024-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 05507023
Clabo Limited
ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Prepared By:
Willow Accounting & Consultancy
Chartered Certified Accountants
47a Commercial Road
Poole
Dorset
BH14 0HU
Clabo Limited
ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
DIRECTORS
Simon Guttridge
REGISTERED OFFICE
47a Commercial Road
Ashley Cross
Poole
Dorset
BH14 0HU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05507023
ACCOUNTANTS
Willow Accounting & Consultancy
Chartered Certified Accountants
47a Commercial Road
Poole
Dorset
BH14 0HU
Clabo Limited
ACCOUNTS
FOR THEYEARENDED31 DECEMBER 2024
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Clabo Limited
BALANCE SHEET AT 31 December 2024
20242023
Notes££
FIXED ASSETS
Tangible assets214,78719,693
CURRENT ASSETS
Stock500500
Debtors4118,61258,275
Cash at bank and in hand9,540103,857
128,652162,632
CREDITORS: Amounts falling due within one year579,24585,529
NET CURRENT ASSETS49,40777,103
TOTAL ASSETS LESS CURRENT LIABILITIES64,19496,796
CREDITORS: Amounts falling due after more than one year611,89622,308
PROVISIONS FOR LIABILITIES AND CHARGES83,2684,155
NET ASSETS49,03070,333
CAPITAL AND RESERVES
Called up share capital911
Profit and loss account49,02970,332
SHAREHOLDERS' FUNDS49,03070,333
For the year ending 31 December 2024 the company was entitled to exemption 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 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 24 September 2025 and signed on their behalf by
.............................
Simon Guttridge
Director
Clabo Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 20%
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 15%
Equipmentreducing balance 50%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). 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 stocks recognised as an expense in the period in which the reversal occurs.
Long term contracts are valued at costs incurred less amounts taken to cost of sales in respect of recognised turnover. Provision is made for foreseeable losses on contracts.
2. TANGIBLE FIXED ASSETS
Plant andCommercialFixtures
MachineryVehiclesand FittingsEquipmentTotal
£££££
Cost
At 1 January 20246,90540,0543,0528,45758,468
At 31 December 20246,90540,0543,0528,45758,468
Depreciation
At 1 January 20246,27122,0442,3468,11438,775
For the year1274,5021061714,906
At 31 December 20246,39826,5462,4528,28543,681
Net Book Amounts
At 31 December 202450713,50860017214,787
At 31 December 202363418,01070634319,693
Included in Commercial Vehicles is an amount of £26,155 which represents an asset held under a hire purchase agreement. Accumulated depreciation on the asset amounts to £15,121 and depreciation provided in the year amounts to £3,678.
Clabo Limited
3. STOCK 20242023
££
Stock comprises:
Stock500500
500500
4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors47,98549,752
Other debtors6,1954,419
Prepayments5,0054,104
Directors current account59,427-
118,61258,275
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax24,85816,783
VAT1,6682,867
PAYE control3,399648
Directors current account-3,318
Bank loan (unsecured)5,00010,000
Hire purchase5,4124,998
Trade creditors32,92841,915
Accruals5,9805,000
79,24585,529
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loan (unsecured) 10,00015,000
Hire purchase 1,8967,308
11,89622,308
7. EMPLOYEES
20242023
No.No.
Average number of employees32
Clabo Limited
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation3,2684,155
3,2684,155
9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11