Registration number: 07386383

Cleansave Limited

Statement of Financial Position as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	6,674	10,011
Tangible assets	5	196	389
		6,870	10,400
Current assets
Debtors	6	447,531	450,268
Creditors: Amounts falling due within one year	7	(90,736)	(53,999)
Net current assets		356,795	396,269
Net assets		363,665	406,669
Capital and reserves
Called up share capital		1	1
Profit and loss account		363,664	406,668
Shareholders' funds		363,665	406,669

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The directors of Cleansave Limited have elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Cleansave Limited

Statement of Financial Position as at 31 March 2025

Approved and authorised by the Board on 23 December 2025 and signed on its behalf by:
 

.........................................

Mrs K Bouverie

Director

Company registration number: 07386383

Cleansave Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Brebners
1 Suffolk Way
Sevenoaks
Kent
TN13 1YL

The principal activity of the company is that of the retail sale of carpets, rugs, wall and floor coverings in specialised stores.

2	Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below.

Accounts prepared on a basis other than as a going concern

The company made a loss for the year ended 31 March 2025 although had net assets at that date amounting to £363,665.

Subsequent to 31 March 2025, the company has ceased to trade.

Consequently all assets are stated at their recoverable amounts, onerous contractual commitments have been recognised, and no creditors have been recognised as being due in more than one year.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue from the sale of goods at the point that contracted orders are despatched to customers.

Cleansave Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Intangible assets

Intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Website Development	Straight line over 5 years

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	Straight line over 5 years

Assets have been impaired to their recoverable amounts as a result of the company ceasing to trade subsequent to 31 March 2025.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities as a result of the company ceasing to trade subsequent to 31 March 2025.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Cleansave Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

3	Staff numbers

The average number of persons employed by the company during the year was 6 (2024 - 6).

4	Intangible assets

	Website Development £
Cost or valuation
At 1 April 2024	16,685
At 31 March 2025	16,685
Amortisation
At 1 April 2024	6,674
Amortisation charge	3,337
At 31 March 2025	10,011
Carrying amount
At 31 March 2025	6,674
At 31 March 2024	10,011

The carrying value of website development costs has been assessed by the directors at 31 March 2025 as amounting to £6,674 as the website continues to have value to the group of which the company is a member.

5	Tangible assets

	Office equipment  £	Total £
Cost or valuation
At 1 April 2024	961	961
At 31 March 2025	961	961
Depreciation
At 1 April 2024	572	572
Charge for the year	193	193
At 31 March 2025	765	765
Carrying amount
At 31 March 2025	196	196
At 31 March 2024	389	389

Cleansave Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Debtors

	2025 £	2024 £
Trade debtors	5,906	3,314
Amounts due from group undertakings	441,598	446,927
Other debtors	27	27
	447,531	450,268

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Bank loans and overdrafts	4,698	2,363
Trade creditors	36,544	40,468
Amounts due to group undertakings	41,342	-
Taxation and social security	6,636	5,044
Other creditors	1,516	6,124
	90,736	53,999

8	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank overdrafts	4,698	2,363

9	Related party transactions

Exemption has been taken under FRS 102 paragraph 1AC.35 not to disclose transactions or amounts due with companies that are wholly owned within the group.