0 false false false false false false false false false false true false false false false false false No description of principal activity 2024-01-01 Sage Accounts Production Advanced 2023 - FRS102_2023 148,816 148,816 148,816 xbrli:pure xbrli:shares iso4217:GBP 8817387 2024-01-01 2024-10-16 8817387 2024-10-16 8817387 2023-12-31 8817387 2023-01-01 2023-12-31 8817387 2023-12-31 8817387 2022-12-31 8817387 bus:Director1 2024-01-01 2024-10-16 8817387 core:WithinOneYear 2023-12-31 8817387 core:ShareCapital 2024-10-16 8817387 core:ShareCapital 2023-12-31 8817387 core:RetainedEarningsAccumulatedLosses 2024-10-16 8817387 core:RetainedEarningsAccumulatedLosses 2023-12-31 8817387 core:CostValuation core:Non-currentFinancialInstruments 2023-12-31 8817387 core:DisposalsRepaymentsInvestments core:Non-currentFinancialInstruments 2024-10-16 8817387 core:Non-currentFinancialInstruments 2023-12-31 8817387 bus:Director1 2023-12-31 8817387 bus:Director1 2024-10-16 8817387 bus:Director1 2022-12-31 8817387 bus:Director1 2023-12-31 8817387 bus:SmallEntities 2024-01-01 2024-10-16 8817387 bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-10-16 8817387 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-10-16 8817387 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-10-16 8817387 bus:FullAccounts 2024-01-01 2024-10-16
COMPANY REGISTRATION NUMBER: 8817387
Clearwater Bay Developments Limited
Filleted Unaudited Financial Statements
16 October 2024
Clearwater Bay Developments Limited
Statement of Financial Position
16 October 2024
16 Oct 24
31 Dec 23
Note
£
£
Fixed assets
Investments
4
148,816
Current assets
Debtors
5
24,026
Cash at bank and in hand
219,159
22,792
----------
--------
243,185
22,792
Creditors: amounts falling due within one year
6
7,714
----------
--------
Net current assets
243,185
15,078
----------
----------
Total assets less current liabilities
243,185
163,894
----------
----------
Net assets
243,185
163,894
----------
----------
Capital and reserves
Called up share capital
2
2
Profit and loss account
243,183
163,892
----------
----------
Shareholders funds
243,185
163,894
----------
----------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 16 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Clearwater Bay Developments Limited
Statement of Financial Position (continued)
16 October 2024
These financial statements were approved by the board of directors and authorised for issue on 17 October 2024 , and are signed on behalf of the board by:
P C Lahaise
Director
Company registration number: 8817387
Clearwater Bay Developments Limited
Notes to the Financial Statements
Period from 1 January 2024 to 16 October 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 50 Seymour St, London, W1H 7JG.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
4. Investments
Shares in participating interests
£
Cost
At 1 January 2024
148,816
Disposals
( 148,816)
----------
At 16 October 2024
----------
Impairment
At 1 January 2024 and 16 October 2024
----------
Carrying amount
At 16 October 2024
----------
At 31 December 2023
148,816
----------
5. Debtors
16 Oct 24
31 Dec 23
£
£
Other debtors
24,026
--------
----
6. Creditors: amounts falling due within one year
16 Oct 24
31 Dec 23
£
£
Corporation tax
5,740
Other creditors
1,974
----
-------
7,714
----
-------
7. Directors' advances, credits and guarantees
During the period the directors entered into the following advances and credits with the company:
16 Oct 24
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
P C Lahaise
( 1,374)
25,400
24,026
-------
--------
--------
31 Dec 23
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
P C Lahaise
( 1,374)
( 1,374)
-------
----
-------
8. Related party transactions
There are no transactions with related parties that are required to be disclosed.