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Company Registration No. 07010870 (England and Wales)
Clear River Group Ltd Unaudited accounts for the year ended 30 September 2023
Clear River Group Ltd Unaudited accounts Contents
Page
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Clear River Group Ltd Company Information for the year ended 30 September 2023
Director
Mr Dominic Short
Company Number
07010870 (England and Wales)
Registered Office
432 Gloucester Road Horfield Bristol BS7 8TX
Accountants
Evans Entwistle 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Clear River Group Ltd for the year ended 30 September 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Clear River Group Ltd for the year ended 30 September 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA 19 October 2023
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Clear River Group Ltd Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
350 
613 
Current assets
Debtors
10,230 
1,663 
Cash at bank and in hand
253,027 
440,290 
263,257 
441,953 
Creditors: amounts falling due within one year
(51,960)
(122,861)
Net current assets
211,297 
319,092 
Total assets less current liabilities
211,647 
319,705 
Provisions for liabilities
Deferred tax
(66)
(116)
Net assets
211,581 
319,589 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
211,580 
319,588 
Shareholders' funds
211,581 
319,589 
For the year ending 30 September 2023 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 his 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 19 October 2023 and were signed on its behalf by
Mr Dominic Short Director Company Registration No. 07010870
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Clear River Group Ltd Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
Clear River Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 07010870. The registered office is 432 Gloucester Road, Horfield, Bristol, BS7 8TX.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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:
Motor vehicles
4 years straight line
Fixtures & fittings
3 years straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Clear River Group Ltd Notes to the Accounts for the year ended 30 September 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 October 2022
788 
At 30 September 2023
788 
Depreciation
At 1 October 2022
175 
Charge for the year
263 
At 30 September 2023
438 
Net book value
At 30 September 2023
350 
At 30 September 2022
613 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
230 
1,069 
Other debtors
10,000 
594 
10,230 
1,663 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Amounts owed to group undertakings and other participating interests
49,602 
49,602 
Taxes and social security
258 
71,194 
Accruals
2,100 
2,065 
51,960 
122,861 
7
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
66 
116 
2023 
2022 
£ 
£ 
Provision at start of year
116 
- 
(Credited)/charged to the profit and loss account
(50)
116 
Provision at end of year
66 
116 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
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Clear River Group Ltd Notes to the Accounts for the year ended 30 September 2023
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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