Clinton Kennard Associates Limited 31/03/2026 iXBRL

Company registration number: 06931625

Clinton Kennard Associates Limited

Unaudited abridged financial statements

31 March 2026

Clinton Kennard Associates Limited

Contents

Directors and other information

Directors report

Abridged statement of comprehensive income

Abridged statement of financial position

Statement of changes in equity

Notes to the financial statements

Clinton Kennard Associates Limited

Directors and other information


	Directors	M A Clinton
		A J Beal
		P A Janes
		W Van Rooy


	Company number	06931625


	Registered office	Unit 1 Fulcrum
		2 Solent Way
		Whiteley
		Fareham
		PO15 7FN


	Accountants	Sky Accounting Limited
		Suite 77
		1 Ensbury Park Road
		Bournemouth
		Dorset
		BH9 2SQ

Clinton Kennard Associates Limited

Directors report

Year ended 31 March 2026

The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2026.

Directors

The directors who served the company during the year were as follows:

M A Clinton

A J Beal

P A Janes

W Van Rooy

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 18 May 2026 and signed on behalf of the board by:

M A Clinton

Director

W Van Rooy

Director

Clinton Kennard Associates Limited

Abridged statement of comprehensive income

Year ended 31 March 2026

		Year	Period
		ended	ended
		31/03/26	31/03/25
	Note	£	£

Gross profit		828,582		745,180

Staff costs	4	( 183,807)		( 208,241)
Depreciation and other amounts written off tangible and intangible fixed assets		( 10,019)		( 9,184)
Other operating expenses		( 68,189)		( 37,136)
		_______		_______
Operating profit		566,567		490,619

Other interest receivable and similar income		10,287		7,255
		_______		_______
Profit before taxation	5	576,854		497,874

Tax on profit		( 146,718)		( 128,265)
		_______		_______
Profit for the financial year and total comprehensive income		430,136		369,609
		_______		_______

All the activities of the company are from continuing operations.

Clinton Kennard Associates Limited

Abridged statement of financial position

31 March 2026

		31/03/26		31/03/25
	Note	£	£	£	£

Fixed assets
Intangible assets	6	80,988		91,007
		_______		_______
			80,988		91,007

Current assets
Debtors		20,345		7
Cash at bank and in hand		493,337		514,460
		_______		_______
		513,682		514,467
Creditors: amounts falling due
within one year		( 146,718)		( 128,265)
		_______		_______
Net current assets			366,964		386,202
			_______		_______
Total assets less current liabilities			447,952		477,209

			_______		_______
Net assets			447,952		477,209
			_______		_______

Capital and reserves
Called up share capital			10,000		10,000
Share premium account			41,502		41,502
Profit and loss account			396,450		425,707
			_______		_______
Shareholders funds			447,952		477,209
			_______		_______

For the year ending 31 March 2026 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 financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current year ending 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements were approved by the board of directors and authorised for issue on 18 May 2026 , and are signed on behalf of the board by:

M A Clinton

Director

W Van Rooy

Director

Company registration number: 06931625

Clinton Kennard Associates Limited

Statement of changes in equity

Year ended 31 March 2026

	Called up share capital	Share premium account	Profit and loss account	Total
	£	£	£	£


At 1 April 2024	10,000	41,502	131,070	182,572

Profit for the year			369,609	369,609
	_______	_______	_______	_______
Total comprehensive income for the year	-	-	369,609	369,609

Dividends paid and payable			( 74,972)	( 74,972)
	_______	_______	_______	_______
Total investments by and distributions to owners	-	-	( 74,972)	( 74,972)

	_______	_______	_______	_______
At 31 March 2025 and 1 April 2025	10,000	41,502	500,679	552,181

Profit for the year			430,136	430,136
	_______	_______	_______	_______
Total comprehensive income for the year	-	-	430,136	430,136

Dividends paid and payable			( 534,365)	( 534,365)
	_______	_______	_______	_______
Total investments by and distributions to owners	-	-	( 534,365)	( 534,365)

	_______	_______	_______	_______
At 31 March 2026	10,000	41,502	396,450	447,952
	_______	_______	_______	_______

Clinton Kennard Associates Limited

Notes to the financial statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 1 Fulcrum, 2 Solent Way, Whiteley, Fareham, PO15 7FN.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:


Goodwill	-	10 %	straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Staff costs

The average number of persons employed by the company during the year amounted to 2 (2025: 2).

The aggregate payroll costs incurred during the year were:

	Year	Period
	ended	ended
	31/03/26	31/03/25
	£	£
Wages and salaries	48,600	44,550
Other pension costs	135,207	163,691
	_______	_______
	183,807	208,241
	_______	_______

5. Profit before taxation

Profit before taxation is stated after charging/(crediting):

	Year	Period
	ended	ended
	31/03/26	31/03/25
	£	£
Amortisation of intangible assets	10,019	9,184
	_______	_______

6. Intangible assets


		£
	Cost
	At 1 April 2025 and 31 March 2026	100,191
		_______
	Amortisation
	At 1 April 2025	9,184
	Charge for the year	10,019
		_______
	At 31 March 2026	19,203
		_______
	Carrying amount
	At 31 March 2026	80,988
		_______
	At 31 March 2025	91,007
		_______