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Canine Clips Academy Ltd

FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025




















Company Registration Number - 11923056

















AVENET ACCOUNTANCY

IFA Accountants



1.
Canine Clips Academy Ltd
COMPANY NUMBER - 11923056

Balance sheet as at 31 March 2025





2025
2024

Notes
£ £ £ £
FIXED ASSETS





Tangible assets 4
663
809

Current assets




Debtors 5 3,874
3,874

Cash at bank and in hand
195
604




4,069
4,478
Current liabilities




Creditors - Amounts
falling due within one year 6 23,973
34,353


NET CURRENT LIABILITIES

(19,904)
(29,875)


Total assets less current liabilities

(19,241)
(29,066)





Creditors - Amounts falling

due after more than one year 6 11,855
13,795





Provisions for liabilities

Deferred taxation 7 26
706





(11,881)
(14,501)


Net liabilities

(31,122)
(43,567)














2.
Canine Clips Academy Ltd
COMPANY NUMBER - 11923056

Balance sheet as at 31 March 2025





2025
2024

Notes
£
£
CAPITAL AND RESERVES

Called up share capital 8
1
1

Profit and Loss account

(31,123)
(43,568)


Shareholders' funds

(31,122)
(43,567)



These financial statements have been prepared in accordance with the provisions of FRS102 Section 1A of the Companies Act 2006 relating to small companies.
In accordance with section 444 of the Companies Act 2006, the directors' report and the profit and loss account have not been delivered.

For the financial year ended 31 March 2025, the company was entitled to exemption from audit under section 477 of the Companies Act 2006; and no notice has been deposited under section 476.

The members have not required the company to obtain an audit.


The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.


Approved by the board of directors on 29 December 2025
and signed on their behalf by:




Y Collins



Director



The notes on pages 3 to 5 form an integral part of these accounts.


3.
Canine Clips Academy Ltd

Notes to the Financial Statements

For the year ended 31 March 2025


1. General Information

Canine Clips Academy Ltd is a Private Company, limited by shares, domiciled in England and Wales, registration number 11923056.


The company's registered office is 13 Betram Road, Ashley, New Milton, Hants BH25 5EG.


2. Accounting policies

Basis of accounting

The financial statements have been prepared under the historical cost convention in accordance with the accounting policies set out below. These financial statements have been prepared in accordance with FRS102, section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.


Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents goods supplied or services rendered, stated net of Value Added Tax. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Turnover from the sale of goods is recognised when goods are delivered and legal title has passed.


Tangible fixed assets and depreciation

Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life:


Fixtures and fittings - 18% reducing balance


Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.


Financial Instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.


3. Employees

The average number employed by the company (including directors) during the year 2025 was 3
and in the previous year 2024 was 4.


4.
Canine Clips Academy Ltd

Notes to the Financial Statements

For the year ended 31 March 2025


4. Fixed assets - tangible

Plant and

Machinery

etc.


Fair value £


At 1 April 2024 10,833
and 31 March 2025


Depreciation
At 1 April 2024 10,024
Charge for year 146

At 31 March 2025 10,170

Net book values
At 31 March 2025 663
At 1 April 2024 809





2025
2024


£
£
5. Debtors

Due within one year:



Trade debtors 3,874
3,874



6. Creditors

Amounts falling due within one year:



Trade creditors -
2,185
Accruals 660
-
Taxation and social security 1,105
6,275
Director's Current Accounts 22,208
25,893


23,973 34,353


Amounts falling due after one year:



Other creditors:



Other 11,855
13,795



7. Deferred taxation

At 1 April 2024 706
-


At 31 March 2025 706




5.
Canine Clips Academy Ltd

Notes to the Financial Statements

For the year ended 31 March 2025




2025
2024


£
£

8. Called up share capital

There was no change in share capital during the year.


Allotted, called up and fully paid



Ordinary shares of £1 each 1
1