Company Registration No. 07892293 (England and Wales)
Clear Thinking Consultancy Limited
Unaudited accounts
for the year ended 31 December 2022
Clear Thinking Consultancy Limited
Unaudited accounts
Contents
Clear Thinking Consultancy Limited
Company Information
for the year ended 31 December 2022
Company Number
07892293 (England and Wales)
Registered Office
64 Grafton Road
New Malden
KT3 3AA
Accountants
OD Accountants Ltd
The Brew Eagle House
1st fl,163 City Road
London
EC1V 1NR
Clear Thinking Consultancy Limited
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
6,696
3,990
Creditors: amounts falling due within one year
(20,580)
(14,107)
Net current assets
12,754
837
Total assets less current liabilities
12,979
1,238
Creditors: amounts falling due after more than one year
(12,883)
(19,250)
Net assets/(liabilities)
96
(18,012)
Called up share capital
1
1
Profit and loss account
95
(18,013)
Shareholders' funds
96
(18,012)
For the year ending 31 December 2022 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 20 March 2023 and were signed on its behalf by
Kita Ikoku
Director
Company Registration No. 07892293
Clear Thinking Consultancy Limited
Notes to the Accounts
for the year ended 31 December 2022
Clear Thinking Consultancy Limited is a private company, limited by shares, registered in England and Wales, registration number 07892293. The registered office is 64 Grafton Road , New Malden , KT3 3AA.
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.
This years's accounts have been prepared on an accrual basis, there is an adjustment of £3,246 posted to the Profit and Loss to account for the change in policy.
The accounts are presented in £ sterling.
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.
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:
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
Clear Thinking Consultancy Limited
Notes to the Accounts
for the year ended 31 December 2022
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
13,464
1,080
Other debtors
13,174
9,874
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
4,206
-
Taxes and social security
6,451
-
Other creditors
1,859
10,668
7
Creditors: amounts falling due after more than one year
2022
2021
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Clear Thinking Consultancy Limited
Notes to the Accounts
for the year ended 31 December 2022
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Advance
9,874
3,300
-
13,174
The loan is due to be repaid within nine months of the financial year end.
10
Transactions with related parties
The company rents office space and facilities from the Director Kita Ikoku, the cost to the business was £6,360 (2021 £6,695)
11
Average number of employees
During the year the average number of employees was 1 (2021: 1).
