Company Registration No. 05372053 (England and Wales)
Clearwater (Norwich) Limited
Unaudited accounts
for the year ended 31 March 2023
Clearwater (Norwich) Limited
Unaudited accounts
Contents
Clearwater (Norwich) Limited
Company Information
for the year ended 31 March 2023
Company Number
05372053 (England and Wales)
Registered Office
Suite 2 Intwood Road
Cringleford
Norwich
England
NR4 6AU
Accountants
Sharon Wray Accountancy Services
Black Hall Farm
Traice Road
Fundenhall
Norfolk
NR16 1HQ
Clearwater (Norwich) Limited
Statement of financial position
as at 31 March 2023
Tangible assets
112,049
76,028
Cash at bank and in hand
487,697
111,587
Creditors: amounts falling due within one year
(267,715)
(234,831)
Net current assets
413,418
80,514
Total assets less current liabilities
525,467
156,542
Creditors: amounts falling due after more than one year
(55,587)
(47,110)
Net assets
469,880
109,432
Called up share capital
2
2
Profit and loss account
469,878
109,430
Shareholders' funds
469,880
109,432
For the year ending 31 March 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 23 August 2023 and were signed on its behalf by
Matthew Cook
Director
Company Registration No. 05372053
Clearwater (Norwich) Limited
Notes to the Accounts
for the year ended 31 March 2023
Clearwater (Norwich) Limited is a private company, limited by shares, registered in England and Wales, registration number 05372053. The registered office is Suite 2 Intwood Road, Cringleford, Norwich, England, NR4 6AU.
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:
Motor vehicles
33% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
33% reducing balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
44,561
43,864
155,850
244,275
Additions
42,990
7,037
20,014
70,041
At 31 March 2023
87,551
50,901
175,864
314,316
At 1 April 2022
31,692
18,349
118,206
168,247
Charge for the year
12,522
6,001
15,497
34,020
At 31 March 2023
44,214
24,350
133,703
202,267
At 31 March 2023
43,337
26,551
42,161
112,049
At 31 March 2022
12,869
25,515
37,644
76,028
Clearwater (Norwich) Limited
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
187,436
187,833
Other debtors
6,000
15,925
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
16,122
82,173
Taxes and social security
111,740
10,394
Other creditors
3,441
88,828
Loans from directors
371
-
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
27,587
11,110
8
Average number of employees
During the year the average number of employees was 21 (2022: 25).