Clearview Independent Financial Advisers Limited

	Page
Company Information	1
Accountant's Report	2
Balance Sheet	3—4
Notes to the Financial Statements	5—8

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Accountant's Report

For The Year Ended 5 April 2025

Accountant's Report

Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Clearview Independent Financial Advisers Limited for the year ended 5 April 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Clearview Independent Financial Advisers Limited for the year ended 5 April 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the directors of Clearview Independent Financial Advisers Limited , as a body, in accordance with the terms of our engagement letter dated 03 January 2025. Our work has been undertaken solely to prepare for your approval the accounts of Clearview Independent Financial Advisers Limited and state those matters that we have agreed to state to the directors of Clearview Independent Financial Advisers Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Clearview Independent Financial Advisers Limited and its directors, as a body, for our work or for this report.

It is your duty to ensure that Clearview Independent Financial Advisers Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Clearview Independent Financial Advisers Limited . You consider that Clearview Independent Financial Advisers Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of Clearview Independent Financial Advisers Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

08/12/2025

John F Harvey Chartered Accountants

5-6 De La Beche Street

Swansea

SA1 3HA

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Clearview Independent Financial Advisers Limited

Balance Sheet

As At 5 April 2025

Balance Sheet

Registered number: 05177330

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		-		1,401
Tangible Assets	5		6,807		9,187

			6,807		10,588
CURRENT ASSETS
Debtors	6	33,062		30,454
Investments	7	298,436		213,315
Cash at bank and in hand		2,783		72,145

		334,281		315,914
Creditors: Amounts Falling Due Within One Year	8	(61,413 )		(52,985 )

NET CURRENT ASSETS (LIABILITIES)			272,868		262,929

TOTAL ASSETS LESS CURRENT LIABILITIES			279,675		273,517

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,702 )		(2,237 )

NET ASSETS			277,973		271,280

CAPITAL AND RESERVES
Called up share capital	9		3		3
Profit and Loss Account			277,970		271,277

SHAREHOLDERS' FUNDS			277,973		271,280

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Clearview Independent Financial Advisers Limited

Balance Sheet (continued)

As At 5 April 2025

For the year ending 5 April 2025 the company was entitled to exemption from audit 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

C L Stilwell Director	G J Stilwell Director
08/12/2025

The notes on pages 5 to 8 form part of these financial statements.

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Clearview Independent Financial Advisers Limited

Notes to the Financial Statements

For The Year Ended 5 April 2025

Notes to the Financial Statements

1. General Information

Clearview Independent Financial Advisers Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05177330 . The registered office is 6 Thomas Street, St. Thomas, Swansea, SA1 8AT.

The presentation currency of the financial statements is the Pound Sterling (£).

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover represents net commission and fees receivable which is recognised when the company has obtained the right to consideration.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 20 years.

2.4. 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:

Plant & Machinery	25% on cost
Fixtures & Fittings	15% on cost
Computer Equipment	25% on cost

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Clearview Independent Financial Advisers Limited

Notes to the Financial Statements (continued)

For The Year Ended 5 April 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2024: 8)

4. Intangible Assets

	Goodwill
	£
Cost
As at 6 April 2024	31,000

As at 5 April 2025	31,000

Amortisation
As at 6 April 2024	29,599
Provided during the period	1,401

As at 5 April 2025	31,000

Net Book Value
As at 5 April 2025	-

As at 6 April 2024	1,401

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 6 April 2024	1,328	9,386	18,861	29,575
Additions	399	-	1,928	2,327
Disposals	(360 )	-	-	(360 )

As at 5 April 2025	1,367	9,386	20,789	31,542

...CONTINUED

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Clearview Independent Financial Advisers Limited

Notes to the Financial Statements (continued)

For The Year Ended 5 April 2025

Depreciation
As at 6 April 2024	1,084	5,801	13,503	20,388
Provided during the period	340	1,009	3,356	4,705
Disposals	(358 )	-	-	(358 )

As at 5 April 2025	1,066	6,810	16,859	24,735

Net Book Value
As at 5 April 2025	301	2,576	3,930	6,807

As at 6 April 2024	244	3,585	5,358	9,187

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	8,657	6,160
Other debtors	24,405	24,294

	33,062	30,454

7. Current Asset Investments

	2025	2024
	£	£
Listed investments	298,436	213,315

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	51,343	42,440
Other taxes and social security	-	2,715
Pension creditor	1,058	1,058
Accruals and deferred income	6,226	6,714
Directors' loan accounts	2,786	58

	61,413	52,985

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	3	3

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Clearview Independent Financial Advisers Limited

Notes to the Financial Statements (continued)

For The Year Ended 5 April 2025

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 6 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 5 April 2025
	£	£	£	£	£
Mr Christopher Stilwell	27	-	27	-	-
Mrs Julie Stilwell	126	-	126	-	-

The above loan is unsecured, interest free and repayable on demand.

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Directors	C L Stilwell
	G J Stilwell
	J Stilwell

Secretary	J Stilwell

Company Number	05177330

Registered Office	6 Thomas Street
	St. Thomas
	Swansea
	SA1 8AT

Accountants	John F Harvey Chartered Accountants
	5-6 De La Beche Street
	Swansea
	SA1 3HA