2023-04-012024-03-312024-03-31false08932655CLEARWAVE PRODUCTIONS LTD2024-09-29iso4217:GBPxbrli:pure089326552023-04-01089326552024-03-31089326552023-04-012024-03-31089326552022-04-01089326552023-03-31089326552022-04-012023-03-3108932655bus:SmallEntities2023-04-012024-03-3108932655bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3108932655bus:FullAccounts2023-04-012024-03-3108932655bus:PrivateLimitedCompanyLtd2023-04-012024-03-3108932655core:WithinOneYear2024-03-3108932655core:AfterOneYear2024-03-3108932655core:WithinOneYear2023-03-3108932655core:AfterOneYear2023-03-3108932655core:ShareCapital2024-03-3108932655core:SharePremium2024-03-3108932655core:RevaluationReserve2024-03-3108932655core:OtherReservesSubtotal2024-03-3108932655core:RetainedEarningsAccumulatedLosses2024-03-3108932655core:ShareCapital2023-03-3108932655core:SharePremium2023-03-3108932655core:RevaluationReserve2023-03-3108932655core:OtherReservesSubtotal2023-03-3108932655core:RetainedEarningsAccumulatedLosses2023-03-3108932655core:LandBuildings2024-03-3108932655core:PlantMachinery2024-03-3108932655core:Vehicles2024-03-3108932655core:FurnitureFittings2024-03-3108932655core:OfficeEquipment2024-03-3108932655core:NetGoodwill2024-03-3108932655core:IntangibleAssetsOtherThanGoodwill2024-03-3108932655core:ListedExchangeTraded2024-03-3108932655core:UnlistedNon-exchangeTraded2024-03-3108932655core:LandBuildings2023-03-3108932655core:PlantMachinery2023-03-3108932655core:Vehicles2023-03-3108932655core:FurnitureFittings2023-03-3108932655core:OfficeEquipment2023-03-3108932655core:NetGoodwill2023-03-3108932655core:IntangibleAssetsOtherThanGoodwill2023-03-3108932655core:ListedExchangeTraded2023-03-3108932655core:UnlistedNon-exchangeTraded2023-03-3108932655core:LandBuildings2023-04-012024-03-3108932655core:PlantMachinery2023-04-012024-03-3108932655core:Vehicles2023-04-012024-03-3108932655core:FurnitureFittings2023-04-012024-03-3108932655core:OfficeEquipment2023-04-012024-03-3108932655core:NetGoodwill2023-04-012024-03-3108932655core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3108932655core:ListedExchangeTraded2023-04-012024-03-3108932655core:UnlistedNon-exchangeTraded2023-04-012024-03-3108932655core:MoreThanFiveYears2023-04-012024-03-3108932655core:Non-currentFinancialInstruments2024-03-3108932655core:Non-currentFinancialInstruments2023-03-3108932655dpl:CostSales2023-04-012024-03-3108932655dpl:DistributionCosts2023-04-012024-03-3108932655core:LandBuildings2023-04-012024-03-3108932655core:PlantMachinery2023-04-012024-03-3108932655core:Vehicles2023-04-012024-03-3108932655core:FurnitureFittings2023-04-012024-03-3108932655core:OfficeEquipment2023-04-012024-03-3108932655dpl:AdministrativeExpenses2023-04-012024-03-3108932655core:NetGoodwill2023-04-012024-03-3108932655core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3108932655dpl:GroupUndertakings2023-04-012024-03-3108932655dpl:ParticipatingInterests2023-04-012024-03-3108932655dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3108932655core:ListedExchangeTraded2023-04-012024-03-3108932655dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3108932655core:UnlistedNon-exchangeTraded2023-04-012024-03-3108932655dpl:CostSales2022-04-012023-03-3108932655dpl:DistributionCosts2022-04-012023-03-3108932655core:LandBuildings2022-04-012023-03-3108932655core:PlantMachinery2022-04-012023-03-3108932655core:Vehicles2022-04-012023-03-3108932655core:FurnitureFittings2022-04-012023-03-3108932655core:OfficeEquipment2022-04-012023-03-3108932655dpl:AdministrativeExpenses2022-04-012023-03-3108932655core:NetGoodwill2022-04-012023-03-3108932655core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3108932655dpl:GroupUndertakings2022-04-012023-03-3108932655dpl:ParticipatingInterests2022-04-012023-03-3108932655dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3108932655core:ListedExchangeTraded2022-04-012023-03-3108932655dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3108932655core:UnlistedNon-exchangeTraded2022-04-012023-03-3108932655core:NetGoodwill2024-03-3108932655core:IntangibleAssetsOtherThanGoodwill2024-03-3108932655core:LandBuildings2024-03-3108932655core:PlantMachinery2024-03-3108932655core:Vehicles2024-03-3108932655core:FurnitureFittings2024-03-3108932655core:OfficeEquipment2024-03-3108932655core:AfterOneYear2024-03-3108932655core:WithinOneYear2024-03-3108932655core:ListedExchangeTraded2024-03-3108932655core:UnlistedNon-exchangeTraded2024-03-3108932655core:ShareCapital2024-03-3108932655core:SharePremium2024-03-3108932655core:RevaluationReserve2024-03-3108932655core:OtherReservesSubtotal2024-03-3108932655core:RetainedEarningsAccumulatedLosses2024-03-3108932655core:NetGoodwill2023-03-3108932655core:IntangibleAssetsOtherThanGoodwill2023-03-3108932655core:LandBuildings2023-03-3108932655core:PlantMachinery2023-03-3108932655core:Vehicles2023-03-3108932655core:FurnitureFittings2023-03-3108932655core:OfficeEquipment2023-03-3108932655core:AfterOneYear2023-03-3108932655core:WithinOneYear2023-03-3108932655core:ListedExchange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CLEARWAVE PRODUCTIONS LTD

Registered Number
08932655
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

CLEARWAVE PRODUCTIONS LTD
Company Information
for the year from 1 April 2023 to 31 March 2024

Directors

Graham Andrew Price Hellis
Louise Anne Hellis

Registered Address

26 Colliers Avenue
Llanharan
CF72 9UT

Registered Number

08932655 (England and Wales)
CLEARWAVE PRODUCTIONS LTD
Statement of Financial Position
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets348,85713,367
48,85713,367
Current assets
Debtors420,84326,276
Cash at bank and on hand48,89936,587
69,74262,863
Creditors amounts falling due within one year5(48,230)(35,037)
Net current assets (liabilities)21,51227,826
Total assets less current liabilities70,36941,193
Creditors amounts falling due after one year6(28,920)-
Provisions for liabilities8(2,643)(2,540)
Net assets38,80638,653
Capital and reserves
Called up share capital100100
Profit and loss account38,70638,553
Shareholders' funds38,80638,653
The financial statements were approved and authorised for issue by the Board of Directors on 29 September 2024, and are signed on its behalf by:
Graham Andrew Price Hellis
Director
Registered Company No. 08932655
CLEARWAVE PRODUCTIONS LTD
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
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
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Land and buildings7
Fixtures and fittings5
Vehicles5
Office Equipment5
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
2.Average number of employees

20242023
Average number of employees during the year22
3.Tangible fixed assets

Land & buildings

Vehicles

Fixtures & fittings

Office Equipment

Total

£££££
Cost or valuation
At 01 April 231,042-43,27218144,495
Additions-42,6203,538-46,158
At 31 March 241,04242,62046,81018190,653
Depreciation and impairment
At 01 April 23924-30,1871731,128
Charge for year1047,1323,3963610,668
At 31 March 241,0287,13233,5835341,796
Net book value
At 31 March 241435,48813,22712848,857
At 31 March 23118-13,08516413,367
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables20,84320,583
Other debtors-5,693
Total20,84326,276
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables7,6209,471
Taxation and social security31,12424,266
Finance lease and HP contracts5,855-
Other creditors3,6311,300
Total48,23035,037
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Creditors: amounts due after one year

2024

2023

££
Other creditors28,920-
Total28,920-
7.Obligations under finance leases

2024

2023

££
Finance lease and HP contracts28,920-
8.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)2,6432,540
Total2,6432,540