Company Registration No. 11306413 (England and Wales)
Clarity Gained Ltd
Unaudited accounts
for the year ended 30 April 2026
Clarity Gained Ltd
Unaudited accounts
Contents
Clarity Gained Ltd
Company Information
for the year ended 30 April 2026
Company Number
11306413 (England and Wales)
Registered Office
UNION HOUSE
111 NEW UNION STREET
COVENTRY
CV1 2NT
ENGLAND
Accountants
JHW Azoth Ltd
13 The Close
Norwich
Norfolk
NR1 4DS
Clarity Gained Ltd
Statement of financial position
as at 30 April 2026
Cash at bank and in hand
737
258
Creditors: amounts falling due within one year
(119,174)
(103,239)
Net current liabilities
(118,437)
(102,981)
Total assets less current liabilities
(117,927)
(102,805)
Creditors: amounts falling due after more than one year
(2,515)
(3,735)
Net liabilities
(120,442)
(106,540)
Called up share capital
100
100
Profit and loss account
(120,542)
(106,640)
Shareholders' funds
(120,442)
(106,540)
For the year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 September 2026 and were signed on its behalf by
Sunita Cooke
Director
Company Registration No. 11306413
Clarity Gained Ltd
Notes to the Accounts
for the year ended 30 April 2026
Clarity Gained Ltd is a private company, limited by shares, registered in England and Wales, registration number 11306413. The registered office is UNION HOUSE, 111 NEW UNION STREET, COVENTRY, CV1 2NT, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% Straight Line method
Computer equipment
25% Straight Line method
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2025
3,494
108
3,602
At 30 April 2026
3,981
108
4,089
At 1 May 2025
3,402
24
3,426
Charge for the year
126
27
153
At 30 April 2026
3,528
51
3,579
At 30 April 2026
453
57
510
At 30 April 2025
92
84
176
Clarity Gained Ltd
Notes to the Accounts
for the year ended 30 April 2026
5
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
744
267
Loans from directors
118,560
102,948
6
Creditors: amounts falling due after more than one year
2026
2025
7
Average number of employees
During the year the average number of employees was 1 (2025: 1).