Commercial Clay Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01653703

Commercial Clay Limited

Filleted Unaudited Financial Statements

31 October 2025

Commercial Clay Limited

Statement of Financial Position

31 October 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	6	95,088	76,575

Current assets

Stocks		84,309	88,556
Debtors	7	137,644	126,411
Cash at bank and in hand		192,730	251,156
		---------	---------
		414,683	466,123

Creditors: amounts falling due within one year	8	128,100	182,745
		---------	---------
Net current assets		286,583	283,378
		---------	---------
Total assets less current liabilities		381,671	359,953

Provisions	16,856	10,850
	---------	---------
Net assets	364,815	349,103
	---------	---------

Capital and reserves

Called up share capital	2	2
Profit and loss account	364,813	349,101
	---------	---------
Members' funds	364,815	349,103
	---------	---------

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 ended 31 October 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 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.

Commercial Clay Limited

Statement of Financial Position (continued)

31 October 2025

These financial statements were approved by the board of directors and authorised for issue on 18 August 2026 , and are signed on behalf of the board by:

Mr P T Stokes

Director

Company registration number: 01653703

Commercial Clay Limited

Notes to the Financial Statements

Year ended 31 October 2025

1. Statutory information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Sandbach Road, Cobridge, Stoke on Trent, ST6 2DF.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the Companies Act 2006.

3. Accounting policies

(a) Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

(b) Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied, stated net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods 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.

(c) Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

(d) Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

(e) Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

(f) 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:

Building alterations	-	2.5% reducing balance
Plant and machinery	-	20% reducing balance
Office equipment and heating systems	-	15% reducing balance
Motor vehicles	-	25% reducing balance

(g) 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.

(h) Stocks

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

(i) 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. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset.

(j) 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.

(k) Defined contribution pension plan

Contributions to defined contribution pension plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 12 (2024: 11 ).

5. Directors' remuneration

The directors' aggregate remuneration in respect of qualifying services was:

	2025	2024
	£	£
Remuneration	47,368	29,130
	--------	--------

6. Tangible assets

	Building alterations	Plant and machinery	Office equipment and heating systems	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 November 2024	26,704	141,094	3,606	75,698	247,102
Additions	–	36,157	–	–	36,157
Disposals	–	( 24,890)	( 499)	–	( 25,389)
	--------	---------	-------	--------	---------
At 31 October 2025	26,704	152,361	3,107	75,698	257,870
	--------	---------	-------	--------	---------
Depreciation
At 1 November 2024	7,899	117,214	1,779	43,635	170,527
Charge for the year	471	7,632	208	8,016	16,327
Disposals	–	( 23,918)	( 154)	–	( 24,072)
	--------	---------	-------	--------	---------
At 31 October 2025	8,370	100,928	1,833	51,651	162,782
	--------	---------	-------	--------	---------
Carrying amount
At 31 October 2025	18,334	51,433	1,274	24,047	95,088
	--------	---------	-------	--------	---------
At 31 October 2024	18,805	23,880	1,827	32,063	76,575
	--------	---------	-------	--------	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	119,833	110,281
Other debtors	17,811	16,130
	---------	---------
	137,644	126,411
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	65,328	142,168
Corporation tax	15,896	–
Social security and other taxes	38,861	32,795
Other creditors	8,015	7,782
	---------	---------
	128,100	182,745
	---------	---------

9. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mr P T Stokes	( 2,269)	62,505	( 60,000)	236
	-------	--------	--------	----

	2024
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mr P T Stokes	( 2,830)	66,933	( 66,372)	( 2,269)
	-------	--------	--------	-------

10. Related party transactions

Mr P T Stokes and Mrs H Stokes are related parties by virtue of their directorships of and shareholdings in the company. During the year, Mr P T Stokes and Mrs H Stokes operated a directors' loan account with the company such that, at the year end, the company was owed the sum of £ 236 (2024: £ 2,269 owed by the company). This loan was interest free and repayable on demand. During the year, the company paid equity dividends on Ordinary shares to Mr P T Stokes and Mrs H Stokes in the sum of £ 60,000 (2024: £ 65,000 ). A personal guarantee totalling £20,650 was undertaken by Mr P T Stokes in favour of the company's bankers as security for the indebtedness of the company to the bank. A personal guarantee totalling £30,000 was undertaken by Mr P T Stokes & Mrs H Stokes in favour of the company's bankers as security for the indebtedness of the company to the bank.