REGISTERED NUMBER: 03010986 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Cleeve Systems Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr T B Davies

REGISTERED OFFICE:

Cedar Lodge

Shutter Lane

Gotherington

Cheltenham

Gloucestershire

GL52 9EZ

BUSINESS ADDRESS:

7 Gardenia Grove

Up Hatherley

Cheltenham

Gloucestershire

GL51 3HR

REGISTERED NUMBER:

03010986 (England and Wales)

ACCOUNTANTS:

ARC & Co. Accountants Limited

Northfield House

Shurdington Road

Bentham

Cheltenham

Gloucestershire

GL51 4UA

FIXED ASSETS

Tangible assets

4

-

85

Investments

5

401,142

428,453

401,142

428,538

CURRENT ASSETS

Debtors

6

158

86

Cash at bank

930

1,456

1,088

1,542

CREDITORS

Amounts falling due within one year

7

400

360

NET CURRENT ASSETS

688

1,182

TOTAL ASSETS LESS CURRENT LIABILITIES

401,830

429,720

PROVISIONS FOR LIABILITIES

8

54,596

-

NET ASSETS

347,234

429,720

CAPITAL AND RESERVES

Called up share capital

9

400

400

Retained earnings

10

346,834

429,320

SHAREHOLDERS' FUNDS

347,234

429,720

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 15 December 2025 and were signed by:

Mr T B Davies - Director

1.	STATUTORY INFORMATION

Cleeve Systems Ltd 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on cost

Investments

Fixed asset investments are stated at market value at the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 May 2024

and 30 April 2025

340

DEPRECIATION

At 1 May 2024

255

Charge for year

85

At 30 April 2025

340

NET BOOK VALUE

At 30 April 2025

-

At 30 April 2024

85

5.	FIXED ASSET INVESTMENTS

Listed

investments

£

COST OR VALUATION

At 1 May 2024

428,453

Disposals

(344

)

Revaluations

(26,967

)

At 30 April 2025

401,142

NET BOOK VALUE

At 30 April 2025

401,142

At 30 April 2024

428,453

Cost or valuation at 30 April 2025 is represented by:

Listed

investments

£

Valuation in 2025

401,142

The remaining fixed asset investments were purchased at a combined cost price of £182,758.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Prepayments

158

86

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Accruals and deferred income

400

360

8.	PROVISIONS FOR LIABILITIES

30.4.25

30.4.24

£

£

Deferred tax

54,596

-

Deferred

tax

£

Provided on revaluations

54,596

Balance at 30 April 2025

54,596

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

400

Ordinary

£1

400

400

10.

RESERVES

Retained

earnings

£

At 1 May 2024

429,320

Deficit for the year

(82,486

)

At 30 April 2025

346,834

Included within retained profits are undistributable reserves of £163,788.

11.	ULTIMATE CONTROLLING PARTY

Mrs E Davies, being the wife of Mr T B Davies, is the ultimate controlling by virtue of her holding the majority of the company's issued share capital.