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REGISTERED NUMBER: 03926426 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

CLEARVIEW WINDOW CLEANING SERVICES
LIMITED

CLEARVIEW WINDOW CLEANING SERVICES
LIMITED (REGISTERED NUMBER: 03926426)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CLEARVIEW WINDOW CLEANING SERVICES
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: Keith Coburn
Mrs Carrie-Ann Coburn





REGISTERED OFFICE: Asheton Farm Business Centre
Tysea Hill
Stapleford Abbotts
Romford
Essex
RM4 1JU





REGISTERED NUMBER: 03926426 (England and Wales)





ACCOUNTANTS: Prestons
Chartered Accountants
364-368 Cranbrook Road
Gants Hill
Ilford
Essex
IG2 6HY

CLEARVIEW WINDOW CLEANING SERVICES
LIMITED (REGISTERED NUMBER: 03926426)

BALANCE SHEET
28 FEBRUARY 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 598,473 610,432
Investments 6 623,100 623,100
1,221,573 1,233,532

CURRENT ASSETS
Debtors 7 358,953 471,118
Cash at bank and in hand 983,604 587,674
1,342,557 1,058,792
CREDITORS
Amounts falling due within one year 8 169,559 87,109
NET CURRENT ASSETS 1,172,998 971,683
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,394,571

2,205,215

CREDITORS
Amounts falling due after more than one
year

9

(4,662

)

(13,818

)

PROVISIONS FOR LIABILITIES 10 (7,341 ) (7,341 )
NET ASSETS 2,382,568 2,184,056

CLEARVIEW WINDOW CLEANING SERVICES
LIMITED (REGISTERED NUMBER: 03926426)

BALANCE SHEET - continued
28 FEBRUARY 2023

28.2.23 28.2.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 11 2,382,468 2,183,956
2,382,568 2,184,056

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 November 2023 and were signed on its behalf by:





Keith Coburn - Director


CLEARVIEW WINDOW CLEANING SERVICES
LIMITED (REGISTERED NUMBER: 03926426)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

Clearview Window Cleaning Services Limited is a private company, limited by shares, registered in the The England and Wales company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
Depreciation is charged so as to allocate the costs of assets less their residual value over their estimated useful lives, using either a straight line or reducing balance method, as indicated below.
Depreciation is provided on the following basis:

Plant and Machinery - 25% Straight Line
Motor Vehicles - 25% Reducing balance
Fixture and fittings - 25% Straight Line
Land - Nil

The asset's residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit and loss.


CLEARVIEW WINDOW CLEANING SERVICES
LIMITED (REGISTERED NUMBER: 03926426)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors
Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 9 ) .

CLEARVIEW WINDOW CLEANING SERVICES
LIMITED (REGISTERED NUMBER: 03926426)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2022
and 28 February 2023 155,000
AMORTISATION
At 1 March 2022
and 28 February 2023 155,000
NET BOOK VALUE
At 28 February 2023 -
At 28 February 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
Land machinery fittings Totals
£    £    £    £   
COST
At 1 March 2022 569,151 172,944 31,661 773,756
Additions - 15,500 541 16,041
At 28 February 2023 569,151 188,444 32,202 789,797
DEPRECIATION
At 1 March 2022 - 136,194 27,130 163,324
Charge for year - 25,176 2,824 28,000
At 28 February 2023 - 161,370 29,954 191,324
NET BOOK VALUE
At 28 February 2023 569,151 27,074 2,248 598,473
At 28 February 2022 569,151 36,750 4,531 610,432

CLEARVIEW WINDOW CLEANING SERVICES
LIMITED (REGISTERED NUMBER: 03926426)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 March 2022
and 28 February 2023 623,100
NET BOOK VALUE
At 28 February 2023 623,100
At 28 February 2022 623,100

The Unlisted Investments are stated at fair value at the year end.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 168,662 137,615
Directors' loan accounts 184,658 328,970
Prepayments and accrued income 5,633 4,533
358,953 471,118

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 13,360 3,790
Tax 72,660 15,023
Social security and other taxes 3,213 3,839
VAT 65,825 49,607
Other creditors 9,101 10,250
Accrued expenses 5,400 4,600
169,559 87,109

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the suture payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less and impairment.

CLEARVIEW WINDOW CLEANING SERVICES
LIMITED (REGISTERED NUMBER: 03926426)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.23 28.2.22
£    £   
Other creditors 4,662 13,818

10. PROVISIONS FOR LIABILITIES
28.2.23 28.2.22
£    £   
Deferred tax 7,341 7,341

Deferred
tax
£   
Balance at 1 March 2022 7,341
Balance at 28 February 2023 7,341

11. RESERVES
Retained
earnings
£   

At 1 March 2022 2,183,956
Profit for the year 300,512
Dividends (102,000 )
At 28 February 2023 2,382,468

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022:

28.2.23 28.2.22
£    £   
Keith Coburn
Balance outstanding at start of year 328,970 285,473
Amounts advanced - 63,497
Amounts repaid (329,312 ) (20,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (342 ) 328,970

The outstanding balances have been paid off after the year end.