Clarence House Financial Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04082493 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2021

FOR

CLARENCE HOUSE FINANCIAL LIMITED

Page

Statement of Financial Position

1

FIXED ASSETS

1,116

-

CURRENT ASSETS

64,072

112,590

CREDITORS

Amounts falling due within one year

(32,156

)

(17,562

)

NET CURRENT ASSETS

31,916

95,028

TOTAL ASSETS LESS CURRENT LIABILITIES

33,032

95,028

CREDITORS

Amounts falling due after more than one year

32,500

32,500

NET ASSETS

532

62,528

CAPITAL AND RESERVES

532

62,528

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Clarence House Financial Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04082493

Registered office:

1 Kings Avenue

London

N21 3NA

The presentation currency of the financial statements is the Pound Sterling (£).

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 3 (2020 - 3 ) .

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2021 and 31 October 2020:

2021

2020

£

£

Mr S K H Lok

Balance outstanding at start of year

110,075

(16,168

)

Amounts advanced

161,816

218,679

Amounts repaid

(240,070

)

(92,436

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

31,821

110,075

During the year interest of £2,211 (2020:£1,350) was charged at the official interest on overdrawn amounts.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 15 June 2022 and were signed on its behalf by:

Mr S K H Lok - Director