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Company Registration No. 11843101 (England and Wales)
Clearview Developments (Holdings) Limited Filleted unaudited accounts for the year ended 31 March 2024
Clearview Developments (Holdings) Limited Filleted unaudited accounts Contents
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Clearview Developments (Holdings) Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
100 
100 
Current assets
Debtors
223,420 
308,420 
Cash at bank and in hand
6,086 
6,086 
229,506 
314,506 
Creditors: amounts falling due within one year
(230,878)
(315,878)
Net current liabilities
(1,372)
(1,372)
Net liabilities
(1,272)
(1,272)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(1,372)
(1,372)
Shareholders' funds
(1,272)
(1,272)
For the year ending 31 March 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 9 June 2025 and were signed on its behalf by
Jason Tema Director Company Registration No. 11843101
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Clearview Developments (Holdings) Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Clearview Developments (Holdings) Limited is a private company, limited by shares, registered in England and Wales, registration number 11843101. The registered office is 4th Floor, 95 Gresham Street, London, EC2V 7AB, United Kingdom.
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.
Presentation currency
The accounts are presented in £ sterling.
Consolidation
The company and its subsidiary form a small group. The company is therefore not required to produce consolidated financial statements and has not done so. These financial statements present information about the company as a single entity.
Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any accumulated impairment losses.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 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 is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like debtors, creditors and investments in non-puttable ordinary shares. Basic financial instruments are recognised at amortised cost, with changes recognised in profit or loss.
Debtors
Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.
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Clearview Developments (Holdings) Limited Notes to the Accounts for the year ended 31 March 2024
Cash and cash equivalents
Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Creditors
Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.
4
Investments
Subsidiary undertakings 
£ 
Valuation at 1 April 2023
100 
Valuation at 31 March 2024
100 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
86,823 
86,823 
Other debtors
136,597 
221,597 
223,420 
308,420 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
73 
73 
Other creditors
12,405 
12,405 
Loans from directors
218,400 
303,400 
230,878 
315,878 
7
Transactions with related parties
Included in creditors due within one year is a balance of £218,400 (2023: £303,400) owed to the director. This loan is interest-free and has no fixed repayment term. Included within the investment companies are loans for which Clearview Developments (Holdings) Limited is acting as a guarantor.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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