REGISTERED NUMBER: 09578211 (England and Wales)

CLAIR OWEN LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2026

Page

Abridged Balance Sheet

1

to

2

Notes to the Financial Statements

3

to

4

FIXED ASSETS

Tangible assets

3

140,352

65,312

CURRENT ASSETS

Debtors

46,616

38,640

Cash at bank and in hand

466,280

431,607

512,896

470,247

CREDITORS

Amounts falling due within one year

(71,758

)

(80,152

)

NET CURRENT ASSETS

441,138

390,095

TOTAL ASSETS LESS CURRENT LIABILITIES

581,490

455,407

PROVISIONS FOR LIABILITIES

(22,047

)

(16,328

)

NET ASSETS

559,443

439,079

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

559,343

438,979

SHAREHOLDERS' FUNDS

559,443

439,079

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 29 July 2026 and were signed by:

Mrs C Owen - Director

1.	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.

Land and buildings

-

10% on cost

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

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

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

Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on as incurred over the lease term.

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 4 ) .

3.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 June 2025

206,520

Additions

113,624

Disposals

(18,041

)

At 31 May 2026

302,103

DEPRECIATION

At 1 June 2025

141,208

Charge for year

30,688

Eliminated on disposal

(10,145

)

At 31 May 2026

161,751

NET BOOK VALUE

At 31 May 2026

140,352

At 31 May 2025

65,312

4.	RELATED PARTY DISCLOSURES

On 17 April 2026 the company became a wholly owned subsidiary of Clair Owen Holdings Ltd by way of a share for share exchange.

5.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs C Owen.