Caseware UK (AP4) 2024.0.164 2024.0.164 1false2023-07-01No description of principal activity1falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false NI611510 2023-07-01 2024-06-30 NI611510 2022-07-01 2023-06-30 NI611510 2024-06-30 NI611510 2023-06-30 NI611510 c:Director1 2023-07-01 2024-06-30 NI611510 d:FurnitureFittings 2023-07-01 2024-06-30 NI611510 d:FurnitureFittings 2024-06-30 NI611510 d:FurnitureFittings 2023-06-30 NI611510 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 NI611510 d:CurrentFinancialInstruments 2024-06-30 NI611510 d:CurrentFinancialInstruments 2023-06-30 NI611510 d:Non-currentFinancialInstruments 2024-06-30 NI611510 d:Non-currentFinancialInstruments 2023-06-30 NI611510 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 NI611510 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 NI611510 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 NI611510 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 NI611510 d:ShareCapital 2024-06-30 NI611510 d:ShareCapital 2023-06-30 NI611510 d:RetainedEarningsAccumulatedLosses 2024-06-30 NI611510 d:RetainedEarningsAccumulatedLosses 2023-06-30 NI611510 c:OrdinaryShareClass1 2023-07-01 2024-06-30 NI611510 c:OrdinaryShareClass1 2024-06-30 NI611510 c:OrdinaryShareClass1 2023-06-30 NI611510 c:FRS102 2023-07-01 2024-06-30 NI611510 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 NI611510 c:FullAccounts 2023-07-01 2024-06-30 NI611510 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 NI611510 2 2023-07-01 2024-06-30 NI611510 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: NI611510










Clearpool Technologies Ltd








Unaudited

Financial statements

Information for filing with the registrar

For the Year Ended 30 June 2024

 
Clearpool Technologies Ltd
Registered number: NI611510

Balance Sheet
As at 30 June 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
-
195

  
-
195

Current assets
  

Debtors: amounts falling due within one year
 6 
128,690
4,521

Cash at bank and in hand
 7 
42,954
196,352

  
171,644
200,873

Creditors: amounts falling due within one year
 8 
(2,225)
(28,187)

Net current assets
  
 
 
169,419
 
 
172,686

Total assets less current liabilities
  
169,419
172,881

Creditors: amounts falling due after more than one year
 9 
(146,207)
(146,207)

  

Net assets
  
23,212
26,674


Capital and reserves
  

Called up share capital 
 10 
1
1

Profit and loss account
  
23,211
26,673

  
23,212
26,674


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Clearpool Technologies Ltd
Registered number: NI611510

Balance Sheet (continued)
As at 30 June 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 11 March 2025.




Jamie Allsop
Director

The notes on pages 3 to 8 form part of these financial statements.

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Clearpool Technologies Ltd
 

 
Notes to the Financial Statements
For the Year Ended 30 June 2024

1.


General information

Clearpool Technologies Ltd is a Private Company Limited by shares incorporated in Northern Ireland. The registration number and address of the registered office are given in the company information section of these financial statements.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3).

The presentation currency is Sterling and amounts are rounded to the nearest pound.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Director of Clearpool Technologies Ltd has reviewed the appropriateness of the going concern assumption and considers that the Company has sufficient resources to continue as a trading entity for the foreseeable future. 

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and Loss Account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

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Clearpool Technologies Ltd
 

 
Notes to the Financial Statements
For the Year Ended 30 June 2024

2.Accounting policies (continued)

 
2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model 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.

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Clearpool Technologies Ltd
 

 
Notes to the Financial Statements
For the Year Ended 30 June 2024

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
33%

The assets' 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 or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Judgments in applying accounting policies and key sources of estimation uncertainty

In the process of applying the Company’s accounting policies, management has not made any significant judgments. There are no key assumptions concerning the future or other key sources of estimation, that have significant risk of raising a material adjustment to the carrying amounts of assets and liabilities within the financial year. 


4.


Employees




The average monthly number of employees, including the director, during the year was as follows:


        2024
        2023
            No.
            No.







Director
1
1

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Clearpool Technologies Ltd
 

 
Notes to the Financial Statements
For the Year Ended 30 June 2024

5.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 July 2023
12,032



At 30 June 2024

12,032



Depreciation


At 1 July 2023
11,837


Charge for the year on owned assets
195



At 30 June 2024

12,032



Net book value



At 30 June 2024
-



At 30 June 2023
195

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Clearpool Technologies Ltd
 

 
Notes to the Financial Statements
For the Year Ended 30 June 2024

6.


Debtors

2024
2023
£
£


Related Party Loan
123,790
-

Other debtors
4,900
4,521

128,690
4,521



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
42,954
196,352

42,954
196,352



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
477

Amounts owed to group undertakings
-
26,210

Accruals and deferred income
2,225
1,500

2,225
28,187



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Related Party Loan
146,151
146,151

Other creditors
56
56

146,207
146,207


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Clearpool Technologies Ltd
 

 
Notes to the Financial Statements
For the Year Ended 30 June 2024

10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary share of £1.00
1
1



11.


Controlling party

The ultimate controlling party is the director.


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