Clearcut Glasshouse Services Limited

Registered number

05419839

Unaudited Filleted Accounts

31 May 2025

Clearcut Glasshouse Services Limited
Registered number:		05419839
Balance Sheet
as at 31 May 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		7,806			8,363

Current assets
Stocks		43,285			34,594
Debtors	5	19,980			21,884
Cash at bank and in hand		168,564			24,468
		231,829			80,946

Creditors: amounts falling due within one year	6	(131,415)			(52,638)

Net current assets			100,414			28,308

Total assets less current liabilities			108,220			36,671

Creditors: amounts falling due after more than one year	7		(22,685)			(28,241)



Net assets			85,535			8,430

Capital and reserves
Called up share capital			100			100
Profit and loss account			85,435			8,330

Shareholders' funds			85,535			8,430

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




M J Morgan
Director
Approved by the board on 9 January 2026

Clearcut Glasshouse Services Limited
Notes to the Accounts
for the year ended 31 May 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 25 years
	Plant and machinery			over 4 years
	Fixtures, fittings, tools and equipment			over 4 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					8		8


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 June 2024							315,000
	At 31 May 2025							315,000

	Amortisation
	At 1 June 2024							315,000
	At 31 May 2025							315,000

	Net book value
	At 31 May 2025							-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 June 2024	16,800		97,532		58,388		172,720
	Additions	-		666		-		666
	At 31 May 2025	16,800		98,198		58,388		173,386

	Depreciation
	At 1 June 2024	15,200		90,769		58,388		164,357
	Charge for the year	800		423		-		1,223
	At 31 May 2025	16,000		91,192		58,388		165,580

	Net book value
	At 31 May 2025	800		7,006		-		7,806
	At 31 May 2024	1,600		6,763		-		8,363


5	Debtors					2025		2024
£							£

	Trade debtors					-		5,165
	Other debtors					19,980		16,719
						19,980		21,884


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					9,869		6,311
	Trade creditors					25,218		11,157
	Taxation and social security costs					71,023		2,569
	Other creditors					25,305		32,601
						131,415		52,638


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					22,685		28,241


8	Related party transactions

	Mr M J Morgan
	Director
	Mr M J Morgan continued to provide a loan to the company on an interest free basis, £ 31,280 was owed to Mr Morgan at the start of the year. further expenses of £4,593 were added to this and £13,943 was repaid by the company during the year leaving a balance of £21,930 due to Mr Morgan.


9	Other information

	Clearcut Glasshouse Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 3, London Hill Farm,
	London Road,
	Stockbridge
	Hampshire
	SO20 6EN