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REGISTERED NUMBER: 06861698 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

CLEARWISE NEWBURY LIMITED

CLEARWISE NEWBURY LIMITED (REGISTERED NUMBER: 06861698)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CLEARWISE NEWBURY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: S Vokins
Ms T Vokins





REGISTERED OFFICE: The Triangle
Clearwise Yard
Hambridge Lane
Newbury
RG14 5TU





REGISTERED NUMBER: 06861698 (England and Wales)





ACCOUNTANTS: Cooper Parry Advisory Limited
First Floor, Davidson House
Forbury Square
Reading
Berkshire
RG1 3EU

CLEARWISE NEWBURY LIMITED (REGISTERED NUMBER: 06861698)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 257,756 43,655
257,756 43,655

CURRENT ASSETS
Stocks 4,081 1,000
Debtors 6 163,224 72,762
Cash at bank and in hand 143,362 149
310,667 73,911
CREDITORS
Amounts falling due within one year 7 262,834 77,719
NET CURRENT ASSETS/(LIABILITIES) 47,833 (3,808 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

305,589

39,847

CREDITORS
Amounts falling due after more than one
year

8

(91,527

)

(16,539

)

PROVISIONS FOR LIABILITIES (61,675 ) -
NET ASSETS 152,387 23,308

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 152,386 23,307
SHAREHOLDERS' FUNDS 152,387 23,308

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

The members have not required the company to obtain an audit of its financial statements for the year 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.

CLEARWISE NEWBURY LIMITED (REGISTERED NUMBER: 06861698)

BALANCE SHEET - 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 and authorised for issue by the Board of Directors and authorised for issue on 31 July 2025 and were signed on its behalf by:





S Vokins - Director


CLEARWISE NEWBURY LIMITED (REGISTERED NUMBER: 06861698)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Clearwise Newbury Limited 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost, 20% on reducing balance, 15% on reducing balance and 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 balance sheet date.


CLEARWISE NEWBURY LIMITED (REGISTERED NUMBER: 06861698)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 April 2024 75,000
Disposals (75,000 )
At 31 March 2025 -
AMORTISATION
At 1 April 2024 75,000
Eliminated on disposal (75,000 )
At 31 March 2025 -
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

CLEARWISE NEWBURY LIMITED (REGISTERED NUMBER: 06861698)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 April 2024 256,918
Additions 254,465
At 31 March 2025 511,383
DEPRECIATION
At 1 April 2024 213,263
Charge for year 40,364
At 31 March 2025 253,627
NET BOOK VALUE
At 31 March 2025 257,756
At 31 March 2024 43,655

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade debtors 150,538 67,281
Amounts owed by group undertakings 12,000 -
Other debtors 686 5,481
163,224 72,762

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Bank loans and overdrafts 10,356 33,965
Hire purchase contracts 23,282 -
Trade creditors 30,735 27,741
Taxation and social security 22,753 14,513
Other creditors 175,708 1,500
262,834 77,719

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£ £
Bank loans 6,160 16,539
Hire purchase contracts 85,367 -
91,527 16,539

CLEARWISE NEWBURY LIMITED (REGISTERED NUMBER: 06861698)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £ £
1 Ordinary £1 1 1

10. ULTIMATE CONTROLLING PARTY

The Company's immediate and ultimate parent undertaking, as well as the ultimate controlling party, is Vokins Holdings 3 Limited.