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REGISTERED NUMBER: 05685709 (England and Wales)















Financial Statements

for the Period 1 June 2024 to 31 March 2025

for

Clear Stream Technology Ltd

Clear Stream Technology Ltd (Registered number: 05685709)






Contents of the Financial Statements
for the Period 1 June 2024 to 31 March 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Clear Stream Technology Ltd

Company Information
for the Period 1 June 2024 to 31 March 2025







DIRECTORS: P Webb
S C Bevan





SECRETARY: S C Bevan





REGISTERED OFFICE: Clearstream Centre
Station Road
Church Village
Rhondda Cynon Taff
Wales
CF38 1AF





REGISTERED NUMBER: 05685709 (England and Wales)





ACCOUNTANTS: Wilson Partners Limited
Chancery House
30 St Johns Road
Woking
Surrey
GU21 7SA

Clear Stream Technology Ltd (Registered number: 05685709)

Statement of Financial Position
31 March 2025

31/3/25 31/5/24
Notes £    £   
FIXED ASSETS
Tangible assets 5 1,913,807 1,338,814

CURRENT ASSETS
Debtors 6 476,164 140,847
Cash at bank 56,717 65,317
532,881 206,164
CREDITORS
Amounts falling due within one year 7 (991,445 ) (1,095,545 )
NET CURRENT LIABILITIES (458,564 ) (889,381 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,455,243

449,433

CREDITORS
Amounts falling due after more than one
year

8

(1,170,734

)

(429,980

)

PROVISIONS FOR LIABILITIES 11 - (681 )
NET ASSETS 284,509 18,772

CAPITAL AND RESERVES
Called up share capital 50,000 50,000
Revaluation reserve 12 117,197 94,235
Retained earnings 117,312 (125,463 )
SHAREHOLDERS' FUNDS 284,509 18,772

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Clear Stream Technology Ltd (Registered number: 05685709)

Statement of Financial Position - continued
31 March 2025


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 July 2025 and were signed on its behalf by:





P Webb - Director


Clear Stream Technology Ltd (Registered number: 05685709)

Notes to the Financial Statements
for the Period 1 June 2024 to 31 March 2025

1. STATUTORY INFORMATION

Clear Stream Technology Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The company balance sheet is currently showing a net current liabilities position. The financial statements have been prepared on a going concern basis on the basis that the directors have considered the most recent management accounts and forecasts and are confident that the company will continue to be able to settle its liabilities as they fall due.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Clear Stream Technology Ltd (Registered number: 05685709)

Notes to the Financial Statements - continued
for the Period 1 June 2024 to 31 March 2025

3. ACCOUNTING POLICIES - continued

Tangible fixed assets
Fixed assets are stated at cost, net of depreciation and any provision for impairment.

Depreciation is provided on all tangible fixed assets at rates calculated to write each asset down to its estimate residual value on a straight line basis over its expected useful life, as follows:-

Freehold land is not depreciated
Freehold property - 2.5% on cost
Plant and machinery - 33% on cost and 10% on cost
Computer equipment - 33% on cost

Residual value is calculated on prices prevailing at the reporting date, after estimated costs of disposal, for the asset as if it were at the age and in the condition expected at the end of its useful life.

Revaluation of properties
Properties whose fair value can be measured reliably are held under the revaluation model and carried at a revalued amount, being their fair value at the date of valuation less any subsequent accumulated depreciation and subsequent impairment losses. The fair value of the land and buildings is usually considered to be their market value.

Revaluation gains and losses are recognised in other comprehensive income and accumulated in equity, except to the extent that a revaluation gain reverses a revaluation loss previously recognised in profit or loss or a revaluation loss exceeds the accumulated revaluation gains recognised in equity, such gains and loss are recognised in profit or loss.

Impairment of fixed assets
Fixed assets are reviewed for impairment if events or changes in circumstances indicate that the carrying amount may not be recoverable or as otherwise required by relevant accounting standards.

Shortfalls between the carrying value of fixed assets and their recoverable amounts, being the higher of net realisable value and value-in-use, are recognised as impairments. Impairment losses are recognised in the profit and loss account.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Clear Stream Technology Ltd (Registered number: 05685709)

Notes to the Financial Statements - continued
for the Period 1 June 2024 to 31 March 2025

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 (2024 - 7 ) .

5. TANGIBLE FIXED ASSETS
Freehold Plant and Computer
property machinery equipment Totals
£    £    £    £   
Cost or valuation
At 1 June 2024 1,305,164 978,080 865,160 3,148,404
Additions 292,326 343,027 51,308 686,661
Revaluations 24,789 - - 24,789
At 31 March 2025 1,622,279 1,321,107 916,468 3,859,854
Depreciation
At 1 June 2024 555,164 451,827 802,599 1,809,590
Charge for period 17,115 84,244 35,098 136,457
At 31 March 2025 572,279 536,071 837,697 1,946,047
Net book value
At 31 March 2025 1,050,000 785,036 78,771 1,913,807
At 31 May 2024 750,000 526,253 62,561 1,338,814

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

31/03/2531/05/24
££

Cost1,434,9171,142,591

Aggregate depreciation501,975486,826

Freehold land and buildings were valued on an open market basis on 31 March 2025 by the directors.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/5/24
£    £   
Trade debtors 451,539 45,287
Other debtors 24,625 95,560
476,164 140,847

Clear Stream Technology Ltd (Registered number: 05685709)

Notes to the Financial Statements - continued
for the Period 1 June 2024 to 31 March 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/5/24
£    £   
Bank loans and overdrafts (see note 9) 12,800 22,943
Hire purchase contracts (see note 10) 53,952 81,593
Trade creditors 453,301 417,174
Amounts owed to group undertakings 27 200,027
Taxation and social security 159,548 37,602
Other creditors 311,817 336,206
991,445 1,095,545

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/25 31/5/24
£    £   
Bank loans (see note 9) 507,200 158,590
Hire purchase contracts (see note 10) 88,534 11,199
Amounts owed to group undertakings 575,000 -
Other creditors - 260,191
1,170,734 429,980

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 58,363

9. LOANS

An analysis of the maturity of loans is given below:

31/3/25 31/5/24
£    £   
Amounts falling due within one year or on demand:
Bank loans 12,800 22,943
Other loans - 63,211
12,800 86,154

Amounts falling due between one and two years:
Bank loans - 1-2 years 20,400 23,759
Other loans - 1-2 years - 72,580
20,400 96,339

Amounts falling due between two and five years:
Bank loans - 2-5 years 486,800 76,468
Other loans - 2-5 years - 187,611
486,800 264,079

Amounts falling due in more than five years:

Clear Stream Technology Ltd (Registered number: 05685709)

Notes to the Financial Statements - continued
for the Period 1 June 2024 to 31 March 2025

9. LOANS - continued
31/3/25 31/5/24
£    £   
Amounts falling due in more than five years:
Repayable by instalments
Bank loans more 5 yr by instal - 58,363

Bank loans are secured by a charge over the company freehold property together with a floating charge over other assets of the company.

Other loans are secured by a debenture on the parent undertaking and a secondary charge over the assets of the company, excluding the property.

Hire purchase and finance leases are secured over the asset concerned.

10. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31/3/25 31/5/24
£    £   
Gross obligations repayable:
Within one year 75,880 86,895
Between one and five years 101,739 11,543
177,619 98,438

Finance charges repayable:
Within one year 21,928 5,302
Between one and five years 13,205 344
35,133 5,646

Net obligations repayable:
Within one year 53,952 81,593
Between one and five years 88,534 11,199
142,486 92,792

Non-cancellable operating leases
31/3/25 31/5/24
£    £   
Within one year 26,517 26,778
Between one and five years 18,982 41,036
45,499 67,814

11. PROVISIONS FOR LIABILITIES
31/3/25 31/5/24
£    £   
Deferred tax - 681

Clear Stream Technology Ltd (Registered number: 05685709)

Notes to the Financial Statements - continued
for the Period 1 June 2024 to 31 March 2025

11. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 June 2024 681
Utilised during period (681 )
Balance at 31 March 2025 -

12. RESERVES
Revaluation
reserve
£   
At 1 June 2024 94,235
Property revaluation 24,789
Transfer between reserves (1,827 )

At 31 March 2025 117,197

13. ULTIMATE CONTROLLING PARTY

The company is wholly owned and controlled by Clear Stream Technology Group Limited, a company registered in England and Wales and in which P Webb, director, holds a majority shareholding.