KLEARWATER (INVESTMENTS) LIMITED

Company Registration Number:
02450911 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

KLEARWATER (INVESTMENTS) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

KLEARWATER (INVESTMENTS) LIMITED

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Fixed assets
Tangible assets: 3 1,610,233 1,429,365
Total fixed assets: 1,610,233 1,429,365
Current assets
Debtors:   959,276 547,977
Cash at bank and in hand: 251,589 750,377
Total current assets: 1,210,865 1,298,354
Creditors: amounts falling due within one year:   (3,872) (38,174)
Net current assets (liabilities): 1,206,993 1,260,180
Total assets less current liabilities: 2,817,226 2,689,545
Creditors: amounts falling due after more than one year:   (750,000) (750,000)
Total net assets (liabilities): 2,067,226 1,939,545
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 2,067,126 1,939,445
Shareholders funds: 2,067,226 1,939,545

The notes form part of these financial statements

KLEARWATER (INVESTMENTS) LIMITED

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 September 2023
and signed on behalf of the board by:

Name: P O'Reilly
Status: Director

The notes form part of these financial statements

KLEARWATER (INVESTMENTS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

The turnover shown in the profit and loss account represents rents receivable for the year. The Company is not Value Added Tax (VAT) registered.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulated depreciation. Depreciation is calculated at the following annual rates in order to write off each asset over its estimated useful life.Fixtures & Fittings - 20% Reducing BalanceComputer Equipment -20% Reducing BalanceNo depreciation is provided in the year of acquisition.

Valuation and information policy

Investment properties are shown at their open market value. The surplus or deficit arising from the revaluation at each year or period end date is dealt with through profit and loss account. No depreciation is provided on investment properties.

KLEARWATER (INVESTMENTS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 1 1

KLEARWATER (INVESTMENTS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible Assets

Total
Cost £
At 01 January 2022 1,431,727
Additions 181,198
At 31 December 2022 1,612,925
Depreciation
At 01 January 2022 2,362
Charge for year 330
At 31 December 2022 2,692
Net book value
At 31 December 2022 1,610,233
At 31 December 2021 1,429,365