REGISTERED NUMBER: 12009638 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Clay International Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L Livramento

REGISTERED OFFICE:

Hub 1, Unit 29

Riverside Road

Wimbledon Stadium Business Centre

London

SW17 0BA

REGISTERED NUMBER:

12009638 (England and Wales)

ACCOUNTANTS:

Thornton Springer LLP

Chartered Accountants

67 Westow Street

London

SE19 3RW

FIXED ASSETS

Tangible assets

5

109,571

141,135

CURRENT ASSETS

Stocks

521,073

561,497

Debtors

6

99,668

197,944

Cash at bank

59,546

84,942

680,287

844,383

CREDITORS

Amounts falling due within one year

7

(1,357,498

)

(1,488,430

)

NET CURRENT LIABILITIES

(677,211

)

(644,047

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(567,640

)

(502,912

)

CREDITORS

Amounts falling due after more than one year

8

(19,944

)

(32,084

)

NET LIABILITIES

(587,584

)

(534,996

)

CAPITAL AND RESERVES

Called up share capital

10

10

10

Retained earnings

11

(587,594

)

(535,006

)

SHAREHOLDERS' FUNDS

(587,584

)

(534,996

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 May 2026 and were signed by:

L Livramento - Director

1.	STATUTORY INFORMATION

Clay International Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the recognition of certain financial assets and liabilities measured at fair value.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost, 25% on cost and 10% on cost

Stocks

Stocks are stated at the lower of costs and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The company made a loss and liabilities exceed assets by £587,584. However, within current liabilities, there are loans from associated companies and the director has confirmed that they will only be sought after the company is able to fund its own operations. On this basis the director considers it appropriate to prepare accounts on a going concern basis.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 9 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2024

283,953

Additions

6,684

At 30 September 2025

290,637

DEPRECIATION

At 1 October 2024

142,818

Charge for year

38,248

At 30 September 2025

181,066

NET BOOK VALUE

At 30 September 2025

109,571

At 30 September 2024

141,135

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 October 2024

and 30 September 2025

92,407

DEPRECIATION

At 1 October 2024

51,939

Charge for year

16,267

At 30 September 2025

68,206

NET BOOK VALUE

At 30 September 2025

24,201

At 30 September 2024

40,468

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

90,463

194,603

Other debtors

9,205

3,341

99,668

197,944

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Hire purchase contracts

12,140

11,215

Trade creditors

409,925

399,668

Social security and other taxes

8,672

6,942

VAT

32,736

34,271

Other creditors

5,822

5,531

Amount owed to related entities

740,955

883,555

Directors' current accounts

143,398

143,398

Accrued expenses

3,850

3,850

1,357,498

1,488,430

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Hire purchase contracts

19,944

32,084

9.	SECURED DEBTS

The following secured debts are included within creditors:

30.9.25

30.9.24

£

£

Hire purchase contracts

32,084

43,299

Hire purchase contracts are secured against the assets to which the loans relate.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

10

Ordinary shares

1

10

10

11.

RESERVES

Retained

earnings

£

At 1 October 2024

(535,006

)

Deficit for the year

(52,588

)

At 30 September 2025

(587,594

)