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Company Registration No. 06494293 (England and Wales)
Clear Wealth Management Limited Unaudited accounts for the year ended 29 February 2024
Clear Wealth Management Limited Unaudited accounts Contents
Page
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Clear Wealth Management Limited Company Information for the year ended 29 February 2024
Directors
Nigel Sycamore Tracy Sycamore
Company Number
06494293 (England and Wales)
Registered Office
4 Roman View Castleford WF10 4TR
Accountants
Clear Accountancy Services (Yorkshire) Ltd 10 New Street Ossett West Yorkshire WF5 8BH
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Clear Wealth Management Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
719 
814 
Current assets
Debtors
14,432 
19,160 
Cash at bank and in hand
50,963 
53,198 
65,395 
72,358 
Creditors: amounts falling due within one year
(16,556)
(12,928)
Net current assets
48,839 
59,430 
Total assets less current liabilities
49,558 
60,244 
Creditors: amounts falling due after more than one year
(31,372)
(41,898)
Net assets
18,186 
18,346 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
18,184 
18,344 
Shareholders' funds
18,186 
18,346 
For the year ending 29 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 directors acknowledge their 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 of Directors and authorised for issue on 29 November 2024 and were signed on its behalf by
Nigel Sycamore Director Company Registration No. 06494293
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Clear Wealth Management Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Clear Wealth Management Limited is a private company, limited by shares, registered in England and Wales, registration number 06494293. The registered office is 4 Roman View, Castleford, WF10 4TR.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
15% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 March 2023
7,321 
At 29 February 2024
7,321 
Depreciation
At 1 March 2023
6,507 
Charge for the year
95 
At 29 February 2024
6,602 
Net book value
At 29 February 2024
719 
At 28 February 2023
814 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
14,432 
19,160 
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Clear Wealth Management Limited Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
50 
50 
Taxes and social security
16,506 
12,878 
16,556 
12,928 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
31,372 
41,898 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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