Company Registration No. 03764957 (England and Wales)
Clarity Chemicals Limited
Unaudited accounts
for the year ended 31 March 2025
Clarity Chemicals Limited
Unaudited accounts
Contents
Clarity Chemicals Limited
Company Information
for the year ended 31 March 2025
Directors
Elizabeth Layfield
Lynnette Bowen
Company Number
03764957 (England and Wales)
Registered Office
7 Lydiate Farm
THE Lydiate
Wirral
Merseyside
CH60 8PR
Accountants
ASTON STEELE
Aston House
Cotchford Hill,
Hartfield
Sussex
TN7 4HA
Clarity Chemicals Limited
Statement of financial position
as at 31 March 2025
Tangible assets
1,995
2,602
Cash at bank and in hand
377,600
147,161
Creditors: amounts falling due within one year
(79,308)
(51,335)
Net current assets
373,144
244,075
Total assets less current liabilities
403,363
268,566
Provisions for liabilities
Net assets
402,863
267,916
Called up share capital
1,000
1,000
Profit and loss account
401,863
266,916
Shareholders' funds
402,863
267,916
For the year ending 31 March 2025 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by
Lynnette Bowen
Director
Company Registration No. 03764957
Clarity Chemicals Limited
Notes to the Accounts
for the year ended 31 March 2025
Clarity Chemicals Limited is a private company, limited by shares, registered in England and Wales, registration number 03764957. The registered office is 7 Lydiate Farm, THE Lydiate, Wirral, Merseyside, CH60 8PR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Investments in shares are included at fair value.
Clarity Chemicals Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
5
Investments
Other investments
Valuation at 1 April 2024
21,889
Valuation at 31 March 2025
28,224
Ab Nanol Technologies Oy shares at valued at cost
Raw materials
7,280
11,402
The value of Chemicals is the lower of cost or net realise value
Amounts falling due within one year
Trade debtors
67,572
32,620
Amounts falling due after more than one year
Clarity Chemicals Limited
Notes to the Accounts
for the year ended 31 March 2025
8
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
56,000
48,000
Loans from directors
19,315
-
9
Deferred taxation
2025
2024
Accelerated capital allowances
500
650
Provision at start of year
650
-
(Credited)/charged to the profit and loss account
(150)
650
Provision at end of year
500
650
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
11
Average number of employees
During the year the average number of employees was 2 (2024: 2).