ACCOUNTS - Final Accounts preparation

Registered number: 01550859

	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 DECEMBER 2024

	TRANSCLEAR LIMITED


TRANSCLEAR LIMITED REGISTERED NUMBER:01550859

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		Unaudited 2023
Note		£		£


Current assets
Debtors: amounts falling due within one year		55,865		-
Cash at bank and in hand		-		55,865
		55,865		55,865
Creditors: amounts falling due within one year	5	(100)		-
Net current assets			55,765		55,865
Total assets less current liabilities			55,765		55,865

Net assets			55,765		55,865

Capital and reserves
Called up share capital	3,000	3,000
Profit and loss account	52,765	52,865
	55,765	55,865

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

J C Kelly

Director

Date: 15 December 2025

The notes on pages 2 to 3 form part of these financial statements.

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TRANSCLEAR LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Transclear Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is disclosed on the company information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Going concern

As referred to in note 7, post the period end, the Directors have taken the decision that the company will be struck off the register.
As such, these accounts are produced under a method other than that of a going concern.
There have been no impacts on the numbers reported in relation to this.

2.3

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 2 (2023 -2).

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TRANSCLEAR LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Debtors

					2024	Unaudited 2023
					£	£


Amounts owed by group undertakings	55,865	-
	55,865	-

5.	Creditors: Amounts falling due within one year
		2024	Unaudited 2023
		£	£

Other creditors	100	-
	100	-

6.	Post balance sheet events

Subsequent to the period end, the Directors have taken the decision that the company will be struck off the register at a point during 2026.

7.	Controlling party

The immediate parent company is Hillebrand Gori UK Limited, a company incorporated in England.
The ultimate parent company, and the parent of the smallest and largest group for which group financial statements are drawn up and of which the company is a member, is Deutsche Post AG, a company incorporated in Germany

8.	Auditor's information

The auditor's report on the financial statements for the year ended 31 December 2024 was unqualified.

In their report, the auditor emphasised the following matter without qualifying their report:

Emphasis of matter - Financial statements prepared on a basis other than going concern
We draw attention to Note 6 to the financial statements which explains that the directors intend to strike the company off theregister and therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements.
Accordingly the financial statements have been prepared on a basis other than going concern as described in note 2.2.
Our opinion is not modified in respect of this matter.

The audit report was signed on 15 December 2025 by Andrew Galliers (FCA) (Senior statutory auditor) on behalf of Menzies LLP.

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