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Registered number: 16110223
Clarens Re Limited
Director's Report and
Financial Statements
For the Period 29 November 2024 to 31 December 2025
Contents
Page
Company Information 1
Director's Report 2
Profit and Loss Account 3
Balance Sheet 4
Notes to the Financial Statements 5—6
Page 1
Company Information
Director Yuliya Yakovleva
Secretary Getground Secretary Limited
Company Number 16110223
Registered Office C/O Getground
1 Lyric Square
London
W6 0NB
Page 1
Page 2
Director's Report
The director presents his report and the financial statements for the period ended 31 December 2025.
Principal Activity
The company's principal activity continues to be that of investment property.
Directors
The director who held office during the period were as follows:
Yuliya Yakovleva Appointed 29/11/2024
Statement of Director's Responsibilities
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to:
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Yuliya Yakovleva
Director
24/08/2026
Page 2
Page 3
Profit and Loss Account
31 December 2025
Notes £
TURNOVER 12,151
GROSS PROFIT 12,151
Distribution costs (2,190 )
Administrative expenses (829 )
OPERATING PROFIT 9,132
Interest payable and similar charges (17,515 )
LOSS FOR THE FINANCIAL PERIOD (8,383 )
The notes on pages 5 to 6 form part of these financial statements.
Page 3
Page 4
Balance Sheet
31 December 2025
Notes £ £
FIXED ASSETS
Investment Properties 4 354,308
354,308
CURRENT ASSETS
Cash at bank and in hand 3,421
3,421
Creditors: Amounts Falling Due Within One Year 5 (107,180 )
NET CURRENT ASSETS (LIABILITIES) (103,759 )
TOTAL ASSETS LESS CURRENT LIABILITIES 250,549
Creditors: Amounts Falling Due After More Than One Year 6 (258,832 )
NET LIABILITIES (8,283 )
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account (8,383 )
SHAREHOLDERS' FUNDS (8,283)
For the period ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Yuliya Yakovleva
Director
24/08/2026
The notes on pages 5 to 6 form part of these financial statements.
Page 4
Page 5
Notes to the Financial Statements
1. General Information
Clarens Re Limited is a private company, limited by shares, incorporated in England & Wales, registered number 16110223 . The registered office is C/O Getground, 1 Lyric Square, London, W6 0NB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Investment Property
31 December 2025
£
Fair Value
As at 29 November 2024 -
Additions 354,308
As at 31 December 2025 354,308
5. Creditors: Amounts Falling Due Within One Year
31 December 2025
£
Accruals and deferred income 1,350
Director's loan account 105,830
107,180
6. Creditors: Amounts Falling Due After More Than One Year
31 December 2025
£
Bank loans 258,832
Page 5
Page 6
7. Share Capital
31 December 2025
£
Allotted, Called up and fully paid 100
Page 6