1 October 2023 false Taxfiler 2024.6 07010870business:PrivateLimitedCompanyLtd2023-10-012024-09-30 070108702023-09-30 070108702023-10-012024-09-30 07010870business:AuditExemptWithAccountantsReport2023-10-012024-09-30 07010870business:FilletedAccounts2023-10-012024-09-30 070108702024-09-30 07010870business:Director12023-10-012024-09-30 07010870business:RegisteredOffice2023-10-012024-09-30 070108702023-09-30 07010870core:WithinOneYear2024-09-30 07010870core:WithinOneYear2023-09-30 07010870core:AfterOneYear2024-09-30 07010870core:AfterOneYear2023-09-30 07010870core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 07010870core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 07010870core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 07010870core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 07010870core:PreviouslyStatedAmount2024-09-30 07010870core:PreviouslyStatedAmount2023-09-30 07010870business:SmallEntities2023-10-012024-09-30 07010870countries:EnglandWales2023-10-012024-09-30 07010870core:MotorVehicles2023-10-012024-09-30 07010870core:FurnitureFittings2023-10-012024-09-30 07010870core:PlantMachinery2023-09-30 07010870core:ComputerEquipment2023-09-30 07010870core:PlantMachinery2023-10-012024-09-30 07010870core:ComputerEquipment2023-10-012024-09-30 07010870core:PlantMachinery2024-09-30 07010870core:ComputerEquipment2024-09-30 07010870core:AcceleratedTaxDepreciationDeferredTax2024-09-30 07010870core:AcceleratedTaxDepreciationDeferredTax2023-09-30 070108702022-09-30 070108702022-10-012023-09-30 07010870business:OrdinaryShareClass12023-10-012024-09-30 07010870business:OrdinaryShareClass12022-10-012023-09-30 07010870business:Director112023-09-30 07010870business:Director112023-10-012024-09-30 07010870business:Director112024-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 07010870 (England and Wales)
Clear River Group Ltd Unaudited accounts for the year ended 30 September 2024
Clear River Group Ltd Unaudited accounts Contents
Page
- 2 -
Clear River Group Ltd Company Information for the year ended 30 September 2024
Director
Mr Dominic Short
Company Number
07010870 (England and Wales)
Registered Office
432 Gloucester Road Horfield Bristol BS7 8TX
Accountants
Evans Entwistle Office 12a Equinox South, Great Park Road Bradley Stoke Bristol BS32 4QL
- 3 -
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Clear River Group Ltd for the year ended 30 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Clear River Group Ltd for the year ended 30 September 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice Office 12a Equinox South, Great Park Road Bradley Stoke Bristol BS32 4QL 13 November 2024
- 4 -
Clear River Group Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,340 
350 
Current assets
Debtors
11,199 
10,230 
Cash at bank and in hand
121,061 
253,027 
132,260 
263,257 
Creditors: amounts falling due within one year
(2,413)
(51,960)
Net current assets
129,847 
211,297 
Total assets less current liabilities
132,187 
211,647 
Creditors: amounts falling due after more than one year
(49,602)
- 
Provisions for liabilities
Deferred tax
(444)
(66)
Net assets
82,141 
211,581 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
82,140 
211,580 
Shareholders' funds
82,141 
211,581 
For the year ending 30 September 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
Mr Dominic Short Director Company Registration No. 07010870
- 5 -
Clear River Group Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Clear River Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 07010870. The registered office is 432 Gloucester Road, Horfield, Bristol, BS7 8TX.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
4 years straight line
Fixtures & fittings
3 years straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 6 -
Clear River Group Ltd Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
- 
788 
788 
Additions
2,414 
- 
2,414 
At 30 September 2024
2,414 
788 
3,202 
Depreciation
At 1 October 2023
- 
438 
438 
Charge for the year
161 
263 
424 
At 30 September 2024
161 
701 
862 
Net book value
At 30 September 2024
2,253 
87 
2,340 
At 30 September 2023
- 
350 
350 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
942 
230 
Other debtors
10,257 
10,000 
11,199 
10,230 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
32 
- 
Amounts owed to group undertakings and other participating interests
- 
49,602 
Taxes and social security
- 
258 
Other creditors
721 
- 
Accruals
1,660 
2,100 
2,413 
51,960 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
49,602 
- 
- 7 -
Clear River Group Ltd Notes to the Accounts for the year ended 30 September 2024
8
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
444 
66 
2024 
2023 
£ 
£ 
Provision at start of year
66 
116 
Charged/(credited) to the profit and loss account
378 
(50)
Provision at end of year
444 
66 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr Dominic Short
10,000 
86,805 
86,805 
10,000 
10,000 
86,805 
86,805 
10,000 
The balance represents an interest free loan that is repayable to the company upon demand.
11
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 8 -