Acorah Software Products - Accounts Production 16.6.950 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 OC371189 Creative Wealth Limited David Tout Financial Services Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC371189 2024-03-31 OC371189 2025-03-31 OC371189 2024-04-01 2025-03-31 OC371189 frs-core:CurrentFinancialInstruments 2025-03-31 OC371189 frs-core:Non-currentFinancialInstruments 2025-03-31 OC371189 frs-core:ComputerEquipment 2024-04-01 2025-03-31 OC371189 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-03-31 OC371189 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 OC371189 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-31 OC371189 frs-core:FurnitureFittings 2025-03-31 OC371189 frs-core:FurnitureFittings 2024-04-01 2025-03-31 OC371189 frs-core:FurnitureFittings 2024-03-31 OC371189 frs-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC371189 frs-bus:LimitedLiabilityPartnershipsSORP 2024-04-01 2025-03-31 OC371189 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 OC371189 frs-bus:SmallEntities 2024-04-01 2025-03-31 OC371189 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC371189 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC371189 frs-countries:EnglandWales 2024-04-01 2025-03-31 OC371189 frs-bus:PartnerLLP1 2024-04-01 2025-03-31 OC371189 frs-bus:PartnerLLP2 2024-04-01 2025-03-31 OC371189 2023-03-31 OC371189 2024-03-31 OC371189 2023-04-01 2024-03-31 OC371189 frs-core:CurrentFinancialInstruments 2024-03-31 OC371189 frs-core:Non-currentFinancialInstruments 2024-03-31
Registered number: OC371189
Clarity Wealth Management LLP
Unaudited Financial Statements
For The Year Ended 31 March 2025
Whyfield Limited
Clarity Wealth Management LLP
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
Clarity Wealth Management LLP
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: OC371189

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 3,000 |  | 4,500
Tangible Assets | 5 |  | 1,336 |  | -
|  |  | 4,336 |  | 4,500
CURRENT ASSETS
Stocks | 6 | 172,481 |  | 111,720 |
Debtors | 7 | 11,670 |  | 8,513 |
Cash at bank and in hand |  | 370,958 |  | 165,729 |
|  | 555,109 |  | 285,962 |
Creditors: Amounts Falling Due Within One Year | 8 | (27,576 ) |  | (21,811 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 527,533 |  | 264,151
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 531,869 |  | 268,651
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (1,588 ) |  | (11,791 )
NET ASSETS ATTRIBUTABLE TO MEMBERS |  |  | 530,281 |  | 256,860
REPRESENTED BY:
Equity
Members' other interests
Members' capital |  | (833,598) |  | (587,571) |
Other reserves |  | 1,363,879 |  | 844,431 |
|  |  | 530,281 |  | 256,860
TOTAL MEMBERS' INTEREST
Members' other interests |  |  | 530,281 |  | 256,860
|  |  | 530,281 |  | 256,860

Page 1
Page 2
Clarity Wealth Management LLP
Balance Sheet (continued)
As At 31 March 2025
For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
On behalf of the members

Creative Wealth Limited Designated Member
02/12/2025

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Clarity Wealth Management LLP
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Clarity Wealth Management LLP is a limited liability partnership, incorporated in England & Wales, registered number OC371189 . The Registered Office is Waterside House, The Plains, Totnes, Devon, TQ9 5DW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable and net of discounts. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer fees repayable, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings | 20% straight line
Computer Equipment | 20% straight line

3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 11 (2024: 11)
11 11
4. Intangible Assets

| Development Costs
--- | ---
| £
Cost
As at 1 April 2024 | 8,869
As at 31 March 2025 | 8,869
Amortisation
As at 1 April 2024 | 4,369
Impairment losses | 1,500
As at 31 March 2025 | 5,869
Net Book Value
As at 31 March 2025 | 3,000
As at 1 April 2024 | 4,500

Page 3
Page 4
Clarity Wealth Management LLP
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
5. Tangible Assets

| Fixtures & Fittings
--- | ---
| £
Cost
As at 1 April 2024 | 30,770
Additions | 1,458
As at 31 March 2025 | 32,228
Depreciation
As at 1 April 2024 | 30,770
Provided during the period | 122
As at 31 March 2025 | 30,892
Net Book Value
As at 31 March 2025 | 1,336
As at 1 April 2024 | -

6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Work in progress | 172,481 |  | 111,720

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Prepayments and accrued income | 11,670 |  | 8,513

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 4,934 |  | 1,584
Bank loans and overdrafts | 10,648 |  | 10,648
Other taxes and social security | 10,094 |  | 7,779
Net wages | 100 |  | -
Accruals and deferred income | 1,800 |  | 1,800
| 27,576 |  | 21,811

9. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 1,588 |  | 11,791

Page 4