Company Registration No. 11045705 (England and Wales)
CLARENDON ADVISORY LIMITED
ABRIDGED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
CLARENDON ADVISORY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
CLARENDON ADVISORY LIMITED
BALANCE SHEET
AS AT 31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
6
7,145
5,476
Current assets
Debtors
7
310,207
308,442
Cash at bank and in hand
3,368
15,069
313,575
323,511
Creditors: amounts falling due within one year
8
(13,755)
(27,627)
Net current assets
299,820
295,884
Net assets
306,965
301,360
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
306,865
301,260
Total equity
306,965
301,360
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 27 October 2025
M R Boulos
Director
Company Registration No. 11045705
CLARENDON ADVISORY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information
Clarendon Advisory Limited is a private company limited by shares incorporated in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for consultancy services provided in the normal course of business, and is shown net of VAT.
1.3
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment
25% on reducing balance
Computer equipment
33% on cost
2
Operating profit/(loss)
2025
2024
Operating profit/(loss) for the year is stated after charging:
£
£
Depreciation of owned tangible fixed assets
3,844
2,473
3
Employees
The average number of employees during the year was 1 (2024 - 1).
4
Taxation
5
Dividends
2025
2024
£
£
Ordinary shares of £1 each
Interim paid
1,000
CLARENDON ADVISORY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
6
Tangible fixed assets
Office equipment
Computer equipment
Total
£
£
£
Cost
At 1 April 2024
11,302
5,416
16,718
Additions
1,387
4,126
5,513
At 31 March 2025
12,689
9,542
22,231
Depreciation and impairment
At 1 April 2024
7,093
4,149
11,242
Depreciation charged in the year
1,399
2,445
3,844
At 31 March 2025
8,492
6,594
15,086
Carrying amount
At 31 March 2025
4,197
2,948
7,145
At 31 March 2024
4,209
1,267
5,476
7
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
1,800
Other debtors
308,407
308,442
310,207
308,442
8
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
(676)
2
Taxation and social security
351
Director's current account
13,320
26,890
Accruals
760
735
13,755
27,627