Clay McGuire Executive Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Clay McGuire Executive Limited

Company Information

Director

J A Clay

Registered Office

Suite 5 Corum 2 Corum Office Park Crown Way Warmley Bristol BS30 8FJ

Registered Number

07124939

Accountants

Verinder Powell Associates Limited Suite 5 Corum 2 Corum Office Park Crown Way Warmley Bristol BS30 8FJ

Clay McGuire Executive Limited

(Registration number: 07124939)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	150	270
Current assets
Debtors	5	15,156	28,822
Cash at bank and in hand		117,413	116,861
		132,569	145,683
Creditors: Amounts falling due within one year	6	(19,813)	(59,405)
Net current assets		112,756	86,278
Net assets		112,906	86,548
Capital and reserves
Called up share capital		125	125
Retained earnings		112,781	86,423
Shareholders' funds		112,906	86,548

Clay McGuire Executive Limited

(Registration number: 07124939)
Balance Sheet as at 31 December 2025

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 22 September 2026
 

......................................... J A Clay Director

Clay McGuire Executive Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Suite 5 Corum 2
Corum Office Park
Crown Way
Warmley
Bristol
BS30 8FJ

These financial statements were authorised for issue by the director on 22 September 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

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). There have been no material departures from the Financial Reporting Standard 102 1A.

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. The financial statements are prepared in Pounds Sterling (£), and are rounded to the nearest pound.

Turnover

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 to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Clay McGuire Executive Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

The current 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.

Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Asset class	Depreciation method and rate
Fixtures and fittings	- 25% on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Clay McGuire Executive Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4	Tangible assets

	Fixtures and fittings £	Total £
Cost or valuation
At 1 January 2025	594	594
At 31 December 2025	594	594
Depreciation
At 1 January 2025	324	324
Charge for the year	120	120
At 31 December 2025	444	444
Carrying amount
At 31 December 2025	150	150
At 31 December 2024	270	270

Clay McGuire Executive Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

5

Debtors

	Note	2025 £	2024 £
Trade debtors		8,461	22,638
Amounts owed by related parties	7	510	446
Prepayments and accrued income		6,000	5,738
Other debtors		185	-
		15,156	28,822

6

Creditors

Due within one year	Note	2025 £	2024 £
Trade creditors		703	2,505
Amounts owed to related parties	7	4,468	29,538
Taxation and social security		8,426	23,311
Accruals		4,768	2,561
Other creditors		1,448	1,490
		19,813	59,405

 

Clay McGuire Executive Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

7	Related party transactions

Loans to related parties

2025	Other related parties £	Total £
At start of period	446	446
Advanced	64	64
At end of period	510	510

2024	Other related parties £	Total £
At start of period	408	408
Advanced	38	38
At end of period	446	446

Terms of loans to related parties

Loans to related parties are interest free and repayable on demand.

Loans from related parties

2025	Key management £	Total £
At start of period	29,538	29,538
Advanced	39,234	39,234
Repaid	(64,304)	(64,304)
At end of period	4,468	4,468

2024	Key management £	Total £
At start of period	19,141	19,141
Advanced	78,622	78,622
Repaid	(68,225)	(68,225)
At end of period	29,538	29,538

Terms of loans from related parties

Loans from key management are interest free and repayable on demand.