Cash Your Clutter Limited 11804196 false 2024-03-01 2025-02-28 2025-02-28 The principal activity of the company is the purchase and sale of second-hand jewellery and other items. Digita Accounts Production Advanced 6.30.9574.0 true true 11804196 2024-03-01 2025-02-28 11804196 2025-02-28 11804196 bus:Director1 1 2025-02-28 11804196 bus:OrdinaryShareClass1 2025-02-28 11804196 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-28 11804196 core:FurnitureFittingsToolsEquipment 2025-02-28 11804196 bus:SmallEntities 2024-03-01 2025-02-28 11804196 bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 11804196 bus:FilletedAccounts 2024-03-01 2025-02-28 11804196 bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 11804196 bus:RegisteredOffice 2024-03-01 2025-02-28 11804196 bus:Director1 2024-03-01 2025-02-28 11804196 bus:Director1 1 2024-03-01 2025-02-28 11804196 bus:OrdinaryShareClass1 2024-03-01 2025-02-28 11804196 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 11804196 bus:Agent1 2024-03-01 2025-02-28 11804196 core:FurnitureFittings 2024-03-01 2025-02-28 11804196 core:FurnitureFittingsToolsEquipment 2024-03-01 2025-02-28 11804196 countries:EnglandWales 2024-03-01 2025-02-28 11804196 2024-02-29 11804196 bus:Director1 1 2024-02-29 11804196 core:FurnitureFittingsToolsEquipment 2024-02-29 11804196 2023-03-01 2024-02-29 11804196 2024-02-29 11804196 bus:Director1 1 2024-02-29 11804196 bus:OrdinaryShareClass1 2024-02-29 11804196 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 11804196 core:FurnitureFittingsToolsEquipment 2024-02-29 11804196 bus:Director1 1 2023-03-01 2024-02-29 11804196 bus:Director1 1 2023-02-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11804196

Cash Your Clutter Limited
Unaudited Filleted Financial Statements
for the Year Ended 28 February 2025

Cash Your Clutter Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

Cash Your Clutter Limited

Company Information

Director | Mr N A Potter

Registered office | 15 Alverton Street Penzance Cornwall TR18 2QP

Accountants | D.J. Reynolds & Co. 15 Alverton Street Penzance Cornwall TR18 2QP

Cash Your Clutter Limited

(Registration number: 11804196)
Balance Sheet as at 28 February 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 865 | 1,154
Current assets |  |  |
Stocks | 5 | 1,000 | 1,645
Creditors: Amounts falling due within one year | 6 | (38,730) | (37,370)
Net current liabilities |  | (37,730) | (35,725)
Net liabilities |  | (36,865) | (34,571)
Capital and reserves |  |  |
Called up share capital | 7 | 1 | 1
Retained earnings |  | (36,866) | (34,572)
Shareholders' deficit |  | (36,865) | (34,571)

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 10 April 2026

......................................... Mr N A Potter Director

Cash Your Clutter Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 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:
15 Alverton Street
Penzance
Cornwall
TR18 2QP

These financial statements were authorised for issue by the director on 10 April 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

For this and the previous financial year the company made a loss and had net current liabilities and net liabilities. Although the company is financed by the director’s loan account, which is interest free, has no repayment terms and is repayable on demand, the conditions indicate the existence of a material uncertainty about the company’s ability to continue as a going concern. The financial statements have been prepared on a going concern basis on the understanding that the director will continue to financially support the company to meet liabilities as they fall due, assist with operating costs where necessary for the foreseeable future, and not call in their loan to the company for at least the next twelve months.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services 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 when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash Your Clutter Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change 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.

Tangible assets

Tangible assets are stated in the balance sheet 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, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures and fittings | 25% reducing balance

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 2).

Cash Your Clutter Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 March 2024 | 3,648 | 3,648
At 28 February 2025 | 3,648 | 3,648
Depreciation
At 1 March 2024 | 2,494 | 2,494
Charge for the year | 289 | 289
At 28 February 2025 | 2,783 | 2,783
Carrying amount
At 28 February 2025 | 865 | 865
At 29 February 2024 | 1,154 | 1,154

5 | Stocks

| 2025 £ | 2024 £
Items for resale | 1,000 | 1,645

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 799 | 673
Accruals and deferred income | 3,844 | 3,025
Other creditors | 34,087 | 33,672
| 38,730 | 37,370

Cash Your Clutter Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 1 | 1 | 1 | 1

8 | Related party transactions

Transactions with the director

2025 | At 1 March 2024 £ | Advances to director £ | Funds introduced by director £ | At 28 February 2025 £
Mr N A Potter
Interest free loan from the director, repayble on demand | 33,672 | (12,649) | 13,064 | 34,087

2024 | At 1 March 2023 £ | Advances to director £ | Funds introduced by director £ | At 29 February 2024 £
Mr N A Potter
Interest free loan from the director, repayble on demand | 17,770 | (22,409) | 38,311 | 33,672