Create Clarity Ltd 13394103 false 2025-06-01 2026-05-31 2026-05-31 The principal activity of the company is consultancy Digita Accounts Production Advanced 6.30.9574.0 true 13394103 2025-06-01 2026-05-31 13394103 2026-05-31 13394103 bus:OrdinaryShareClass1 2026-05-31 13394103 core:CurrentFinancialInstruments 2026-05-31 13394103 core:CurrentFinancialInstruments core:WithinOneYear 2026-05-31 13394103 core:FurnitureFittingsToolsEquipment 2026-05-31 13394103 bus:SmallEntities 2025-06-01 2026-05-31 13394103 bus:AuditExemptWithAccountantsReport 2025-06-01 2026-05-31 13394103 bus:FullAccounts 2025-06-01 2026-05-31 13394103 bus:SmallCompaniesRegimeForAccounts 2025-06-01 2026-05-31 13394103 bus:RegisteredOffice 2025-06-01 2026-05-31 13394103 bus:Director1 2025-06-01 2026-05-31 13394103 bus:Director2 2025-06-01 2026-05-31 13394103 bus:OrdinaryShareClass1 2025-06-01 2026-05-31 13394103 bus:PrivateLimitedCompanyLtd 2025-06-01 2026-05-31 13394103 core:ComputerEquipment 2025-06-01 2026-05-31 13394103 core:FurnitureFittings 2025-06-01 2026-05-31 13394103 core:FurnitureFittingsToolsEquipment 2025-06-01 2026-05-31 13394103 countries:UnitedKingdom 2025-06-01 2026-05-31 13394103 2025-05-31 13394103 core:FurnitureFittingsToolsEquipment 2025-05-31 13394103 2024-06-01 2025-05-31 13394103 2025-05-31 13394103 bus:OrdinaryShareClass1 2025-05-31 13394103 core:CurrentFinancialInstruments 2025-05-31 13394103 core:CurrentFinancialInstruments core:WithinOneYear 2025-05-31 13394103 core:FurnitureFittingsToolsEquipment 2025-05-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13394103

Create Clarity Ltd
Annual Report and Unaudited Financial Statements
for the Year Ended 31 May 2026

Create Clarity Ltd

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 5

Create Clarity Ltd

(Registration number: 13394103)
Balance Sheet as at 31 May 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 5 | 174 | 619
Current assets |  |  |
Debtors | 6 | 19,852 | 36,261
Cash at bank and in hand |  | 312,943 | 247,278
|  | 332,795 | 283,539
Creditors: Amounts falling due within one year | 7 | (214,385) | (100,834)
Net current assets |  | 118,410 | 182,705
Net assets |  | 118,584 | 183,324
Capital and reserves |  |  |
Called up share capital | 8 | 200 | 200
Retained earnings |  | 118,384 | 183,124
Shareholders' funds |  | 118,584 | 183,324

For the financial year ending 31 May 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 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 13 August 2026 and signed on its behalf by:

Mr M Viveash-Brainch Director | Ms D Mulvey Director |

Create Clarity Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

1 | General information

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

The address of its registered office is:
Ferneberga House
Alexandra Road
Farnborough
Hampshire
GU14 6DQ

These financial statements were authorised for issue by the Board on 13 August 2026.

2 | Accounting policies

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.

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 sales/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.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income 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.

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.

Create Clarity Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures & fittings | 25% straight line
Computer equipment | 33% straight line

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

4 | Profit before tax

Arrived at after charging/(crediting)

| 2026 £ | 2025 £
Depreciation expense | 444 | 1,264

Create Clarity Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

5 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 June 2025 | 5,404 | 5,404
At 31 May 2026 | 5,404 | 5,404
Depreciation
At 1 June 2025 | 4,785 | 4,785
Charge for the year | 445 | 445
At 31 May 2026 | 5,230 | 5,230
Carrying amount
At 31 May 2026 | 174 | 174
At 31 May 2025 | 619 | 619

6 | Debtors

Current | 2026 £ | 2025 £
Trade debtors | 7,200 | 27,600
Prepayments | 12,112 | 8,121
Other debtors | 540 | 540
| 19,852 | 36,261

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2026 £ | 2025 £
Due within one year |  |  |
Loans and borrowings | 9 | 37,547 | 10,312
Trade creditors |  | 1,464 | 1,296
Taxation and social security |  | 75,506 | 66,612
Accruals and deferred income |  | 99,868 | 21,807
Other creditors |  | - | 807
|  | 214,385 | 100,834

Create Clarity Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

8 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Ordinary shares of £0.10 each | 2,000 | 200 | 2,000 | 200

9 | Loans and borrowings

Current loans and borrowings

| 2026 £ | 2025 £
Other borrowings | 37,547 | 10,312