REGISTERED NUMBER: 03959220 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

1ST CLEAR FLOW LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs W M Bennett

R Bennett

G A Bennett

G A Bennett

J B Shiers

REGISTERED OFFICE:

C/O Galloways Accounting

The Mill Building

31-35 Chatsworth Road

Worthing

West Sussex

BN11 1LY

REGISTERED NUMBER:

03959220 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Hove) Limited

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

917,904

935,096

917,904

935,096

CURRENT ASSETS

Stocks

6

8,000

7,000

Debtors

7

159,779

151,020

Cash at bank and in hand

198,575

161,605

366,354

319,625

CREDITORS

Amounts falling due within one year

8

134,569

130,589

NET CURRENT ASSETS

231,785

189,036

TOTAL ASSETS LESS CURRENT LIABILITIES

1,149,689

1,124,132

PROVISIONS FOR LIABILITIES

125,170

129,468

NET ASSETS

1,024,519

994,664

CAPITAL AND RESERVES

Called up share capital

104

105

Revaluation reserve

9

324,585

324,585

Capital redemption reserve

1

-

Retained earnings

699,829

669,974

1,024,519

994,664

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.

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 3 December 2025 and were signed on its behalf by:

R Bennett - Director

1.	STATUTORY INFORMATION

1st Clear Flow 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents sales of services net of VAT. Turnover is recognised at the point the customer is entitled to consideration.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of five years.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of

depreciation and any impairment losses.

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.

Deferred tax

Deferred taxation is provided in full on timing differences which represent a liability at the balance sheet date, at rates expected to apply when they crystallise based on current tax rates and law. Timing differences arise from the inclusion of items of income and expenditure in taxation computations in periods different from those in which they are included in financial statements. Deferred tax assets and liabilities are not discounted.

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.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 20 ) .

4.	INTANGIBLE FIXED ASSETS

Development

Goodwill

costs

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

40,000

10,395

50,395

AMORTISATION

At 1 April 2024

and 31 March 2025

40,000

10,395

50,395

NET BOOK VALUE

At 31 March 2025

-

-

-

At 31 March 2024

-

-

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST OR VALUATION

At 1 April 2024

850,000

243,368

2,111

Additions

-

-

-

At 31 March 2025

850,000

243,368

2,111

DEPRECIATION

At 1 April 2024

-

212,351

1,873

Charge for year

-

7,754

63

At 31 March 2025

-

220,105

1,936

NET BOOK VALUE

At 31 March 2025

850,000

23,263

175

At 31 March 2024

850,000

31,017

238

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

135,011

37,445

1,267,935

Additions

7,083

283

7,366

At 31 March 2025

142,094

37,728

1,275,301

DEPRECIATION

At 1 April 2024

86,613

32,002

332,839

Charge for year

12,904

3,837

24,558

At 31 March 2025

99,517

35,839

357,397

NET BOOK VALUE

At 31 March 2025

42,577

1,889

917,904

At 31 March 2024

48,398

5,443

935,096

Freehold property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the revaluation reserve.

Revaluations shall be made with sufficient regularity to ensure that the carrying amount does not differ materially from the fair value at the reporting date.

6.

STOCKS

2025

2024

£

£

Stocks

8,000

7,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

150,297

139,581

Directors' loan accounts

1,700

1,700

Tax

574

-

Prepayments

7,208

9,739

159,779

151,020

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,186

41,445

Amounts owed to group undertakings

-

49

Tax

34,358

130

Social security and other taxes

12,849

9,438

VAT

70,109

62,333

Other creditors

13,378

14,444

Accrued expenses

2,689

2,750

134,569

130,589

9.

RESERVES

Revaluatio

reserve

£

At 1 April 2024

and 31 March 2025

324,585

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

R Bennett

Balance outstanding at start of year

850

-

Amounts advanced

-

850

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

850

850

J B Shiers

Balance outstanding at start of year

850

-

Amounts advanced

-

850

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

850

850

The loans are provided interest free, and are repayable on demand.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs W Bennett & Mr G Bennett.

This was by virtue of their 98% holding of the issued share capital.