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Registered number: 14548150
Cleavewater Limited
ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
Prepared By:
Chris Ford Limited
Chartered Accountants
16 Kithurst Park
Storrington
West Sussex
RH20 4JH

Cleavewater Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
DIRECTORS
Matthew Suggitt
Tudor Davies
REGISTERED OFFICE
8 Morrison Street
London
SW11 5LR
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 14548150
ACCOUNTANTS
Chris Ford Limited
Chartered Accountants
16 Kithurst Park
Storrington
West Sussex
RH20 4JH

Cleavewater Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
CONTENTS |  |
|  | Page
Directors' Report |  | -
Accountants' Report |  | -
Statement Of Comprehensive Income |  | -
Balance Sheet |  | 3
Notes To The Accounts |  | 4
The following do not form part of the statutory financial statements: |  |
Trading And Profit And Loss Account |  | -
Profit And Loss Account Summaries |  | -

Cleavewater Limited

BALANCE SHEET AT 31/12/2024
|  |  |  |  |  | 2024 |  |  |  | 2023
|  | Notes |  |  |  | £ |  |  |  | £
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Stock |  |  |  | 1,311,023 |  |  |  | 1,357,978 |  |
Cash at bank and in hand |  |  |  | 65,673 |  |  |  | 26,369 |  |
|  |  |  | 1,376,696 |  |  |  | 1,384,347 |  |
CREDITORS: Amounts falling due within one year |  | 4 |  | 1,440,610 |  |  |  | 1,385,298 |  |
NET CURRENT LIABILITIES |  |  |  |  |  | (63,914) |  |  |  | (951)
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | (63,914) |  |  |  | (951)
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  | 5 |  |  |  | 2 |  |  |  | 2
Profit and loss account |  |  |  |  |  | (63,916) |  |  |  | (953)
SHAREHOLDERS' FUNDS |  |  |  |  |  | (63,914) |  |  |  | (951)
For the year ending 31/12/2024 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 12/09/2025 and signed on their behalf by |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Matthew Suggitt |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Tudor Davies |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |

Cleavewater Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2024

1. ACCOUNTING POLICIES

1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

2. EMPLOYEES |  |  |  |  |  |
|  |  |  | 2024 |  | 2023
|  |  |  | No. |  | No.
Average number of employees |  |  |  | 2 |  | 2

3. STOCK |  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Stock comprises: |  |  |  |  |  |
Work in progress |  |  |  | 1,311,023 |  | 1,357,978
|  |  |  | 1,311,023 |  | 1,357,978

Cleavewater Limited

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Directors loan accounts |  |  |  | 800 |  | 276,998
Loans |  |  |  | 1,439,360 |  | 1,107,800
Accruals |  |  |  | 450 |  | 500
|  |  |  | 1,440,610 |  | 1,385,298

5. SHARE CAPITAL |  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Allotted, issued and fully paid: |  |  |  |  |  |
200 Ordinary shares of £0.01 each |  |  |  | 2 |  | 2
|  |  |  | 2 |  | 2