Registration number: 00766793

Clark & Partners Limited

(Registration number: 00766793)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	256,665	244,562
Current assets
Stocks		225,599	207,448
Debtors	5	272,770	362,023
Cash at bank and in hand		337,646	493,026
		836,015	1,062,497
Creditors: Amounts falling due within one year	6	(619,752)	(618,144)
Net current assets		216,263	444,353
Total assets less current liabilities		472,928	688,915
Creditors: Amounts falling due after more than one year	6	-	(10,000)
Net assets		472,928	678,915
Capital and reserves
Called up share capital	8	91	91
Share premium reserve		7,995	7,995
Capital redemption reserve		14	14
Retained earnings		464,828	670,815
Shareholders' funds		472,928	678,915

Clark & Partners Limited

(Registration number: 00766793)
Balance Sheet as at 31 December 2025

For the financial year ending 31 December 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 20 July 2026 and signed on its behalf by:
 

Mr P J Bennett Director

Clark & Partners Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
27a Orgreave Drive
Sheffield
South Yorkshire
S13 9NR

Registration number: 00766793

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts shown in these financial statements have been rounded to the nearest pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when, the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Turnover in relation to service contracts is recognised over the life of the contract on a contract by contract basis.

Tax

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Clark & Partners Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Improvements to property	2% and 10% on cost
Furniture, fittings & equipment	10% on reducing balance
Motor vehicles	25% on reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured less a provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised at the transaction price.

Clark & Partners Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Defined benefit pension obligation

Contributions were made in the previous year to a defined benefit pension scheme relating to ex-employees. As the assets and liabilities of this scheme are held separately from the company, the contribution was expensed to the profit and loss account.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year was 37 (2024 - 39).

Clark & Partners Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Improvements to property £	Total £
Cost or valuation
At 1 January 2025	94,555	415,149	69,436	579,140
Additions	4,217	60,400	-	64,617
Disposals	(48)	(10,180)	-	(10,228)
At 31 December 2025	98,724	465,369	69,436	633,529
Depreciation
At 1 January 2025	44,498	277,282	12,798	334,578
Charge for the year	5,238	39,830	6,943	52,011
Eliminated on disposal	-	(9,725)	-	(9,725)
At 31 December 2025	49,736	307,387	19,741	376,864
Carrying amount
At 31 December 2025	48,988	157,982	49,695	256,665
At 31 December 2024	50,057	137,867	56,638	244,562

5

Debtors

	2025 £	2024 £
Trade debtors	216,975	284,361
Prepayments	33,047	40,646
Other debtors	22,748	37,016
	272,770	362,023

Clark & Partners Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6

Creditors

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	7	10,000	13,964
Trade payables		220,746	202,623
Social security and other taxes		25,012	22,115
Other payables		363,994	379,442
		619,752	618,144