CLEAR VISION CONSULTANCY (UK) LIMITED


Directors	WALSH, Robert Daniel
	WALSH, Susan Joan


Company Secretary	WALSH, Susan Joan


Registered Address	Vine Cottage
	76 Carlingcott
	Nr Bath
	BA2 8AP


Registered Number	04923597 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		4,646		4,435
Investment property	4		700,000		700,000
			704,646		704,435
Current assets
Debtors	6	193,385		10,241
Cash at bank and on hand		70,634		211,974
		264,019		222,215
Creditors amounts falling due within one year	7	(91,704)		(83,253)
Net current assets (liabilities)			172,315		138,962
Total assets less current liabilities			876,961		843,397
Provisions for liabilities	8		(1,161)		(1,109)
Net assets			875,800		842,288
Capital and reserves
Called up share capital			950		950
Revaluation reserve			219,885		219,885
Profit and loss account			654,965		621,453
Shareholders' funds			875,800		842,288

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 11 August 2025, and are signed on its behalf by:

WALSH, Robert Daniel
Director
Registered Company No. 04923597

CLEAR VISION CONSULTANCY (UK) LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going concern
	The directors have assessed whether the company is a going concern and has considered all available information about the future and are confident of the company's ability to continue as a going concern.

	Turnover policy
	Turnover represents net invoiced sales of services, excluding value added tax.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed.

	Interest income
	Interest income is recognised based on the interest received or to be received during the year at the prevailing/agreed interest rate.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount paid as part of the employee's services to the company.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the provision of services or for administrative purposes and is stated in the balance sheet under the historic cost model. Depreciation is calculated as follows:


		Reducing balance (%)
	Office Equipment	15

	Investments
	Investments (other than property) are measured at cost less any accumulated impairment losses (where applicable).

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 January 24	5,936	5,936
Additions	947	947
At 31 December 24	6,883	6,883
Depreciation and impairment
At 01 January 24	1,501	1,501
Charge for year	736	736
At 31 December 24	2,237	2,237
Net book value
At 31 December 24	4,646	4,646
At 31 December 23	4,435	4,435

4.	Investment property


		£
	Fair value at 01 January 24	700,000
	At 31 December 24	700,000

5.	Fixed asset investments

6.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	191,116	7,370
Other debtors	1	-
Prepayments and accrued income	2,268	2,871
Total	193,385	10,241

7.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	-	210
Bank borrowings and overdrafts	830	4,000
Taxation and social security	72,926	53,839
Other creditors	4,668	6,924
Accrued liabilities and deferred income	13,280	18,280
Total	91,704	83,253

8.	Provisions for liabilities

	2024	2023
	£	£
Net deferred tax liability (asset)	1,161	1,109
Total	1,161	1,109