Company Registration No. SC228149 (Scotland)
Clearwater D C 2001 Limited
Unaudited accounts
for the year ended 26 February 2024
Clearwater D C 2001 Limited
Unaudited accounts
Contents
Clearwater D C 2001 Limited
Company Information
for the year ended 26 February 2024
Company Number
SC228149 (Scotland)
Registered Office
Clear Water D C Ltd
100 Boden Street
Glasgow
Lanarkshire
G40 3PX
Scotland
Accountants
Calculo Ltd
Unit 9
Eastworks
Gateway Court
Glasgow
G40 4DS
Clearwater D C 2001 Limited
Statement of financial position
as at 26 February 2024
Tangible assets
5,954,758
4,581,810
Debtors
3,249,553
4,556,952
Cash at bank and in hand
1,149,044
967,590
Creditors: amounts falling due within one year
(2,219,405)
(2,603,051)
Net current assets
2,179,192
3,928,761
Total assets less current liabilities
8,133,950
8,510,571
Creditors: amounts falling due after more than one year
(2,881,930)
(3,324,305)
Net assets
5,252,020
5,186,266
Called up share capital
100,000
100,000
Profit and loss account
5,152,020
5,086,266
Shareholders' funds
5,252,020
5,186,266
For the year ending 26 February 2024 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 13 November 2024 and were signed on its behalf by
J M Pitcairn
Director
Company Registration No. SC228149
Clearwater D C 2001 Limited
Notes to the Accounts
for the year ended 26 February 2024
Clearwater D C 2001 Limited is a private company, limited by shares, registered in Scotland, registration number SC228149. The registered office is Clear Water D C Ltd, 100 Boden Street, Glasgow, Lanarkshire, G40 3PX, Scotland.
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 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:
Plant & machinery
15% reducing balance
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 27 February 2023
1,527,274
10,587,024
-
12,114,298
Additions
1,007,270
975,046
6,160
1,988,476
At 26 February 2024
2,534,544
11,562,070
6,160
14,102,774
At 27 February 2023
-
7,532,488
-
7,532,488
Charge for the year
-
614,604
924
615,528
At 26 February 2024
-
8,147,092
924
8,148,016
At 26 February 2024
2,534,544
3,414,978
5,236
5,954,758
At 26 February 2023
1,527,274
3,054,536
-
4,581,810
Clearwater D C 2001 Limited
Notes to the Accounts
for the year ended 26 February 2024
Amounts falling due within one year
Trade debtors
3,197,040
4,502,486
Other debtors
52,513
54,466
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
16,347
103,860
Trade creditors
1,301,030
1,610,370
Taxes and social security
184,899
220,136
Other creditors
32,137
473,691
Loans from directors
680,242
-
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
282,253
282,253
Obligations under finance leases and hire purchase contracts
2,599,677
3,042,052
8
Average number of employees
During the year the average number of employees was 47 (2023: 47).