Ron Clark And Sons I.T. Solutions Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 11723943 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

RON CLARK AND SONS I.T. SOLUTIONS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D. C. Clark

Mr C. R. Clark

SECRETARY:

Mr D. C. Clark

REGISTERED OFFICE:

Lodge Hill Works

Lodge Hill

Kingswood

Bristol

BS15 1LB

REGISTERED NUMBER:

11723943 (England and Wales)

ACCOUNTANTS:

LARKOS & PARTNERS

128 STOKE LANE

WESTBURY ON TRYM

BRISTOL

BS9 3RJ

FIXED ASSETS

Tangible assets

4

22,390

26,341

CURRENT ASSETS

Stocks

5

5,290

2,080

Debtors

6

11,719

6,512

Cash at bank

1,409

-

18,418

8,592

CREDITORS

Amounts falling due within one year

7

66,438

51,628

NET CURRENT LIABILITIES

(48,020

)

(43,036

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(25,630

)

(16,695

)

CREDITORS

Amounts falling due after more than one year

8

9,833

15,733

NET LIABILITIES

(35,463

)

(32,428

)

CAPITAL AND RESERVES

Called up share capital

9

1,200

Retained earnings

10

(36,663

)

(33,628

)

SHAREHOLDERS' FUNDS

(35,463

)

(32,428

)

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 directors acknowledge their 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 the Board of Directors and authorised for issue on 27 October 2025 and were signed on its behalf by:

Mr D. C. Clark - Director

Mr C. R. Clark - Director

1.	STATUTORY INFORMATION

Ron Clark And Sons I.T. Solutions 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

15% 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

COST

At 1 April 2024

and 31 March 2025

14,846

28,078

42,924

DEPRECIATION

At 1 April 2024

7,745

8,838

16,583

Charge for year

1,065

2,886

3,951

At 31 March 2025

8,810

11,724

20,534

NET BOOK VALUE

At 31 March 2025

6,036

16,354

22,390

At 31 March 2024

7,101

19,240

26,341

5.

STOCKS

31/3/25

31/3/24

£

Stocks

5,290

2,080

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Trade debtors

10,424

4,639

VAT

-

229

Prepayments

1,295

1,644

11,719

6,512

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Bank loans and overdrafts

-

14,419

Trade creditors

5,544

1,353

Social security and other taxes

502

262

VAT

2,556

-

Other creditors

21,500

4,500

Company Credit Card

-

172

Directors' current accounts

34,378

29,192

Accrued expenses

1,958

1,730

66,438

51,628

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

Bounce Back Loan

9,833

15,733

31/3/25

31/3/24

£

Amounts falling due in more than five years:

Repayable by instalments

Bounce Back Loan

9,833

15,733

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/25

31/3/24

value:

£

600

Ordinary A

1

600

Ordinary B

1

600

1,200

10.

RESERVES

Retained

earnings

£

At 1 April 2024

(33,628

)

Deficit for the year

(3,035

)

At 31 March 2025

(36,663

)