CLSC (UK) Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08347350

CLSC (UK) Ltd

Filleted Unaudited Financial Statements

31 March 2025

CLSC (UK) Ltd

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		–	93

Current assets

Debtors	6	40,000	12,571
Cash at bank and in hand		27,769	55,756
		--------	--------
		67,769	68,327

Creditors: amounts falling due within one year	7	826		1,006
		--------		--------
Net current assets			66,943	67,321
			--------	--------
Total assets less current liabilities			66,943	67,414
			--------	--------
Net assets			66,943	67,414
			--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	66,843	67,314
	--------	--------
Shareholders funds	66,943	67,414
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

CLSC (UK) Ltd

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 30 September 2025 , and are signed on behalf of the board by:

Mrs C Lees
Director

Company registration number: 08347350

CLSC (UK) Ltd

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 31 Ackers Fold, Leigh, Greater Manchester, WN7 4BQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Income statement

The company is dormant as defined by section 1169 of the Companies Act 2006. The company incurred no significant transactions during the current year or prior year.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

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 entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Equipment	Total
	£	£
Cost
At 1 April 2024	1,133	1,133
Disposals	( 1,133)	( 1,133)
	-------	-------
At 31 March 2025	–	–
	-------	-------
Depreciation
At 1 April 2024	1,040	1,040
Disposals	( 1,040)	( 1,040)
	-------	-------
At 31 March 2025	–	–
	-------	-------
Carrying amount
At 31 March 2025	–	–
	-------	-------
At 31 March 2024	93	93
	-------	-------

6. Debtors

	2025	2024
	£	£
Other debtors	40,000	12,571
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Other creditors	826	1,006
	----	-------

8. Director's advances, credits and guarantees

Included within other creditors is a loan from the director totalling £586 (2024: £766) on which no interest has been charged. The loan is repayable in full or in part on demand. Dividends totalling £nil (2024: £nil) were paid in the year in respect of shares held by the company's director.

9. Related party transactions

Included within other debtors is an interest free loan of £40,000 (2024: £12,571) to Magic Cherry Price Ltd, a company in which the director's son is a director and 100% shareholder. No other transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.