Claessens International Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01353416 (England and Wales)

CLAESSENS INTERNATIONAL LIMITED

Unaudited Financial Statements

for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

F M A Claessens

A H M Claessens

Registered office:

3rd Floor

86 - 90 Paul Street

London

EC2A 4NE

Registered number:

01353416 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Davidson House, 1st Floor

The Forbury

Reading

RG1 3EU

Fixed assets

Tangible assets

4

23,831

58,127

Investments

5

-

23,831

58,127

Current assets

Stocks

33,000

Debtors

6

483,290

597,335

Cash at bank

1,225

3,866

517,515

634,201

Creditors

Amounts falling due within one year

7

422,771

369,200

Net current assets

94,744

265,001

Total assets less current liabilities

118,575

323,128

Capital and reserves

Called up share capital

8

2,500

Other reserves

320,293

Retained earnings

(204,218

)

335

Shareholders' funds

118,575

323,128

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 23 June 2026 and were signed on its behalf by:

A H M Claessens - Director

1.	Statutory information

Claessens International Limited 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.

Going concern

The financial statements have been prepared on a going concern basis. The directors have assessed the company’s financial position, cash flow forecasts and future trading expectations for a period of at least twelve months from the date of approval of the financial statements. This review has considered the company’s current resources, existing client contracts and the level of overheads that can be flexed if required.

Although the company has reported a loss for the year, the directors are satisfied that the business remains financially resilient. The company continues to benefit from strong customer relationships and a pipeline of contracted and recurring work. Cash flow forecasts prepared by management indicate that the company will be able to meet its liabilities as they fall due for at least the next twelve months.

Based on the forecasts and the mitigating actions available to management, the directors have a reasonable expectation that the company has adequate resources to continue operating for the foreseeable future. For this reason, the financial statements continue to be prepared on a going concern basis.

Preparation of consolidated financial statements

The financial statements contain information about Claessens International Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

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.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Equity Instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

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 19 (2024 - 19 ) .

4.	Tangible fixed assets

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

Cost

At 1 January 2025

20,780

79,560

190,155

290,495

Disposals

(19,230

)

-

(130,643

)

(149,873

)

At 31 December 2025

1,550

79,560

59,512

140,622

Depreciation

At 1 January 2025

16,419

62,577

153,372

232,368

Charge for year

65

3,397

7,357

10,819

Eliminated on disposal

(15,194

)

-

(111,202

)

(126,396

)

At 31 December 2025

1,290

65,974

49,527

116,791

Net book value

At 31 December 2025

260

13,586

9,985

23,831

At 31 December 2024

4,361

16,983

36,783

58,127

5.	Fixed asset investments

Shares in

group

undertakings

£

Cost

At 1 January 2025

and 31 December 2025

2,001

Provisions

At 1 January 2025

and 31 December 2025

2,001

Net book value

At 31 December 2025

-

At 31 December 2024

-

6.

Debtors: amounts falling due within one year

2025

2024

£

Trade debtors

17,985

173,333

Other debtors

465,305

424,002

483,290

597,335

7.

Creditors: amounts falling due within one year

2025

2024

£

Bank loans and overdrafts

25,923

31,410

Trade creditors

169,704

174,351

Taxation and social security

211,013

144,248

Other creditors

16,131

19,191

422,771

369,200

Obligations under hire purchase agreements are secured on the related motor vehicles included in fixed assets.

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

2,500

Ordinary

£1

2,500

9.	Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

F M A Claessens

Balance outstanding at start of year

21,014

1,747

Amounts advanced

40,705

20,000

Amounts repaid

(55,750

)

(733

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

5,969

21,014

A H M Claessens

Balance outstanding at start of year

17,760

(2,240

)

Amounts advanced

4,446

20,000

Amounts repaid

(19,000

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

3,206

17,760