Company No: 14032779 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Current assets
Debtors	3	102,232		494,378
Cash at bank and in hand		328		0
		102,560		494,378
Creditors: amounts falling due within one year	4	( 78,119)		( 212,477)
Net current assets		24,441		281,901
Total assets less current liabilities		24,441		281,901
Creditors: amounts falling due after more than one year	5	0		( 284,588)
Net assets/(liabilities)		24,441		( 2,687)
Reserves
Profit and loss account		24,441		( 2,687 )
Total reserves		24,441		( 2,687)

For the financial year ending 30 June 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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of CLA Global Brand Limited (registered number: 14032779) were approved and authorised for issue by the Board of Directors on 15 May 2026. They were signed on its behalf by:

G Engelbrecht Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

CLA Global Brand Limited (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Floor 3 8 Bishopsgate, London, EC2N 4BQ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of CLA Global Brand Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Going concern

The financial statements have been prepared on a going concern basis.

The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise on monetary items.

Turnover

Revenue comprises amounts received and receivable from CLA Global Limited for the use of the brand and trademarks for the CLA Global network. Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less.

Trade and other creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	7		5

3. Debtors

	2025		2024
	£		£
Amounts owed by connected companies	102,232		494,378

Amounts owed by connected companies are interest free and repayable on demand.

4. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	677		0
Amounts owed to connected companies	58,286		125,000
Accruals	2,488		5,081
Other taxation and social security	16,668		82,396
	78,119		212,477

Amounts owed to connected companies of £Nil (2024: £125,000) bear interest at 4.27% per annum which has been deemed to be as at market rate. Amounts owed to connected companies of £58,286 (2024: £Nil) are interest free and repayable on demand.

5. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Amounts owed to connected companies	0		284,588

Amounts owed to connected companies bear interest at 4.27% per annum which has been deemed to be as at market rate.

6. Related party transactions

During the year to 30 June 2025, £56,706 (2024: £37,157) was paid to connected companies. All revenue received during the year was from connected companies.

During the year to 30 June 2025, the directors reviewed loans owed to the connected company CliftonLarsonAllen LLP. It was determined that a loan of £372,440 be transferred to CLA Global Limited, from which future payments and liabilities will be due.

At 30 June 2025, £58,286 (2024: £Nil) was owed to a connected company. This amount is interest free and repayable on demand.

At 30 June 2025, £102,232 (2024: £494,378) was owed by a connected company. This amount is interest free and repayable on demand.

7. Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1.00 towards the assets of the company in the event of liquidation.