During the year £223,141 was advanced to a director, £9,148 interest was charged and £102,818 was subsequently repaid. The balance owed by the director at the beginning of the year was £199,585 and at the end of the year was £329,056. Interest was charged at 2.25% on balances over £10,000. The loan is unsecured and has no repayment terms.

The company had bank loans totalling £328,473 (2024 £414,148) which are unsecured in a fixed and floating charge over the assets of the company.

The average number of persons, including directors, employed by the company during the year was as follows:

Clearwell Limited is a private company limited by shares incorporated in England and Wales. The registered office is Clearwell Farm, Michaelston-y-Fedw, NR CARDIFF, South Glamorgan, CF3 6XT.

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true