Complete Clearances (North West) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 13555057 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2025

FOR

COMPLETE CLEARANCES (NORTH WEST) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J T Pownall

REGISTERED OFFICE:

Riverside House

River Lane

Saltney

CH4 8RQ

REGISTERED NUMBER:

13555057 (England and Wales)

ACCOUNTANTS:

M. D. Coxey and Co. Limited

Chartered Accountants

25 Grosvenor Road

Wrexham

LL11 1BT

BANKERS:

Natwest

Chatham Customer Service Centre

Western Avenue

Waterside Court

Chatham

ME4 4RT

FIXED ASSETS

Tangible assets

4

25,510

12,156

Investments

5

1,250

-

26,760

12,156

CURRENT ASSETS

Debtors

6

11,781

6,258

Cash at bank

1,210

2,117

12,991

8,375

CREDITORS

Amounts falling due within one year

7

87,318

30,171

NET CURRENT LIABILITIES

(74,327

)

(21,796

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(47,567

)

(9,640

)

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

(47,667

)

(9,740

)

SHAREHOLDERS' FUNDS

(47,567

)

(9,640

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22nd May 2026 and were signed by:

J T Pownall - Director

1.	STATUTORY INFORMATION

Complete Clearances (North West) 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

COST

At 1st September 2024

16,208

-

16,208

Additions

16,919

777

17,696

At 31st August 2025

33,127

777

33,904

DEPRECIATION

At 1st September 2024

4,052

-

4,052

Charge for year

4,206

136

4,342

At 31st August 2025

8,258

136

8,394

NET BOOK VALUE

At 31st August 2025

24,869

641

25,510

At 31st August 2024

12,156

-

12,156

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

Plant and

machinery

£

COST

Additions

12,950

At 31st August 2025

12,950

DEPRECIATION

Charge for year

809

At 31st August 2025

809

NET BOOK VALUE

At 31st August 2025

12,141

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

31.8.25

31.8.24

£

Purchase of gold

1,250

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Other debtors

600

-

VAT

-

3,974

Deferred tax asset

11,181

2,284

11,781

6,258

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Bank loans and overdrafts

12,633

-

Hire purchase contracts

10,776

-

Trade creditors

2,545

-

Social security and other taxes

826

-

VAT

9,384

-

Lloyds credit card

3,263

3,939

Directors' current accounts

45,791

24,232

Accruals and deferred income

2,100

2,000

87,318

30,171

8.	DEFERRED TAX

£

Balance at 1st September 2024

(2,284

)

Movement in the year due to:

changes in tax allowances

(8,897

)

changes in tax rates

Balance at 31st August 2025

(11,181

)

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

100

Ordinary

£1

100

10.	CAPITAL COMMITMENTS

31.8.25

31.8.24

£

Contracted but not provided for in the

financial statements

-

11.	ULTIMATE CONTROLLING PARTY

The controlling party is J T Pownall.