claireLOGIC Corporate Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07604951

CLAIRELOGIC CORPORATE LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 March 2026

CLAIRELOGIC CORPORATE LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	5		75,347	99,153

Current assets

Debtors	6	186,560	182,824
Cash at bank and in hand		19,133	779,993
		---------	---------
		205,693	962,817

Creditors: amounts falling due within one year	7	47,243		454,231
		---------		---------
Net current assets			158,450	508,586
			---------	---------
Total assets less current liabilities			233,797	607,739

Creditors: amounts falling due after more than one year	8		–	1,769

Provisions	18,042	23,516
	---------	---------
Net assets	215,755	582,454
	---------	---------

Capital and reserves

Called up share capital	9	100	100
Profit and loss account		215,655	582,354
		---------	---------
Shareholders funds		215,755	582,454
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

CLAIRELOGIC CORPORATE LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 10 August 2026 , and are signed on behalf of the board by:

A D Tristram

Director

Company registration number: 07604951

CLAIRELOGIC CORPORATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 11 The Chambers, Vineyard, Abingdon on Thames, Oxfordshire.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

Tax on income represents the sum of tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the note to the accounts because of items of that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using the tax rates that have been enacted or subsequently enacted by the end of the accounting period. Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when timing differences reverse, based on current tax rates and laws. Current or deferred tax for the year is recognised in the statement of income and retained earnings.

Operating leases

Operating lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold property improvements	-	10% straight line
Fixtures and fittings	-	30% reducing balance
Vehicles	-	15% reducing balance
Equipment	-	33% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Trade and other debtors

Trade and other debtors are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

Related parties

For the purposes of these financial statements, a party is considered to be related to the Company if:

(i) the party has the ability, directly or indirectly, through one or more intermediaries, to control the Company or exercise significant influence over the Company in making financial and operating policy decisions, or has joint control over the Company;

(ii) the Company and the party are subject to common control;

(iii) the party is an associate of the Company or a joint venture in which the Company is a venturer;

(iv) the party is a member of key management personnel of the Company or the Company's parent, or a close family member of such an individual, or is an entity under the control, joint control or significant influence of such individuals;

(v) the party is a close family member of a party referred to in (i) or is an entity under the control,joint control or significant influence of such individuals; or close family members of an individual are those family members who it may be expected to influence, or be influenced by, that individual in their dealings with the entity.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 9 (2025: 18 ).

5. Tangible assets

	Leasehold property improve- ments	Fixtures and fittings	Motor vehicles	Computer equipment	Total
	£	£	£	£	£
Cost
At 1 April 2025	82,379	50,804	142,265	52,007	327,455
Additions	–	–	–	2,403	2,403
Disposals	–	–	( 2,775)	( 19,959)	( 22,734)
	--------	--------	---------	--------	---------
At 31 March 2026	82,379	50,804	139,490	34,451	307,124
	--------	--------	---------	--------	---------
Depreciation
At 1 April 2025	45,309	46,603	85,172	51,218	228,302
Charge for the year	8,238	1,260	15,269	1,442	26,209
Disposals	–	–	( 2,775)	( 19,959)	( 22,734)
	--------	--------	---------	--------	---------
At 31 March 2026	53,547	47,863	97,666	32,701	231,777
	--------	--------	---------	--------	---------
Carrying amount
At 31 March 2026	28,832	2,941	41,824	1,750	75,347
	--------	--------	---------	--------	---------
At 31 March 2025	37,070	4,201	57,093	789	99,153
	--------	--------	---------	--------	---------

6. Debtors

	2026	2025
	£	£
Trade debtors	517	89,857
Other debtors	186,043	92,967
	---------	---------
	186,560	182,824
	---------	---------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	1,769	10,462
Trade creditors	19,817	41,566
Corporation tax	–	200,829
Social security and other taxes	14,140	25,872
Other creditors	11,517	175,502
	--------	---------
	47,243	454,231
	--------	---------

8. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	–	1,769
	----	-------

9. Called up share capital

Issued, called up and fully paid

	2026		2025
	No.	£	No.	£
Ordinary Class A shares of £ 0.01 each	4,600	46	4,600	46
Ordinary Class B shares of £ 0.01 each	4,600	46	4,600	46
Ordinary Class C shares of £ 0.01 each	400	4	400	4
Ordinary Class D shares of £ 0.01 each	400	4	400	4
	--------	----	--------	----
	10,000	100	10,000	100
	--------	----	--------	----

10. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2026	2025
	£	£
Not later than 1 year	36,600	36,600
Later than 1 year and not later than 5 years	100,650	137,250
	---------	---------
	137,250	173,850
	---------	---------

11. Related party transactions

The company operates out of the premises owned by Woodmount Oxford Ltd, a company in which A D Tristram is a director and shareholder. Mr A J Vaux was also a director and shareholder until his resignation, and share sale, on 25 March 2026. There is a lease for the rent payable, which for the year ended 31 March 2026 was £36,600 (2025 - £36,600). The lease agreement expires on 31 December 2029. There was debtor balance due from Woodmount Oxford Ltd at the year end date of £8,220 (2025 - £24,220). There is no interest charged on the balance due, which will be repaid in full in the subsequent accounting year. The company pays management charges to Amicus ITS Ltd, a company in which T Walker is a director. The amount payable for the year ended 31 March 2026 was £120,000 (2025 - £90,000). Other transactions with Amicus ITS Ltd are within normal commercial terms and no disclosure is required for these.