REGISTERED NUMBER: 04483971 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Clainy's Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K L McLean

REGISTERED OFFICE:

44 Waltham Road

Grimsby

North East Lincs

DN33 2LX

REGISTERED NUMBER:

04483971 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

43,656

9,958

43,656

9,958

CURRENT ASSETS

Stocks

300

300

Debtors

6

2,369

5,787

Cash at bank

10,271

38,182

12,940

44,269

CREDITORS

Amounts falling due within one year

7

20,757

23,715

NET CURRENT (LIABILITIES)/ASSETS

(7,817

)

20,554

TOTAL ASSETS LESS CURRENT LIABILITIES

35,839

30,512

CREDITORS

Amounts falling due after more than one year

8

(27,472

)

(6,300

)

PROVISIONS FOR LIABILITIES

(6,622

)

(1,892

)

NET ASSETS

1,745

22,320

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,645

22,220

1,745

22,320

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 director acknowledges his 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.

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 director and authorised for issue on 9 October 2025 and were signed by:

K L McLean - Director

1.	STATUTORY INFORMATION

Clainy's Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is shorter.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

30,000

Disposals

(30,000

)

At 31 March 2025

-

AMORTISATION

At 1 April 2024

30,000

Eliminated on disposal

(30,000

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

31,211

Additions

46,947

At 31 March 2025

78,158

DEPRECIATION

At 1 April 2024

21,253

Charge for year

13,249

At 31 March 2025

34,502

NET BOOK VALUE

At 31 March 2025

43,656

At 31 March 2024

9,958

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

Additions

45,984

At 31 March 2025

45,984

DEPRECIATION

Charge for year

10,538

At 31 March 2025

10,538

NET BOOK VALUE

At 31 March 2025

35,446

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

2,369

5,787

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

5,264

5,400

Hire purchase contracts

4,842

-

Taxation and social security

40

7,246

Other creditors

10,611

11,069

20,757

23,715

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,172

6,300

Hire purchase contracts

26,300

-

27,472

6,300

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Hire purchase contracts

31,142

-

Hire purchase contract are secured against assets in which they relate.