REGISTERED NUMBER: 12210720 (England and Wales)

STRATEGIC REPORT, REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2025

FOR

CLARITY UMBRELLA LTD

Page

Company Information

1

Strategic Report

2

Report of the Directors

4

Report of the Independent Auditors

6

Statement of Comprehensive Income

9

Balance Sheet

10

Statement of Changes in Equity

11

Cash Flow Statement

12

Notes to the Cash Flow Statement

13

Notes to the Financial Statements

14

DIRECTORS:

Ms L J Smith

A J Holdaway

I Qadeer

REGISTERED OFFICE:

2 Appletree Barns

Folly Lane

Copdock

Ipswich

Suffolk

IP8 3JQ

REGISTERED NUMBER:

12210720 (England and Wales)

AUDITORS:

Walter Wright

Chartered Accountants

Statutory Auditor

89 High Street

Hadleigh

Ipswich

Suffolk

IP7 5EA

The directors present their strategic report for the year ended 5 April 2025.

REVIEW OF BUSINESS

The directors are satisfied with these results in a challenging economic environment.

The directors do not anticipate any significant changes to the companies operations over the next twelve months.

Key performance indicators

2025

2024

Gross profit percentage

0.78 %

0.82 %

Net profit percentage

0.31 %

0.39 %

Current ratio

109.19 %

105.54 %

Average trade debtor days

8.37 Days

7.75 Days

Other key performance indicators

We continue to proactively promote environmentally friendly practices and policies within the business.

PRINCIPAL RISKS AND UNCERTAINTIES

As with many businesses the companies income can fluctuate as a result of factors outside of our control.

The director assesses the principal risks to their business as being continued aggressive market conditions, the current economic environment (including the current inflationary price pressures), and potential legislation changes.

To minimise this risk the business has a broad spread of customers in different business sectors. They recognise the importance of their staff and are committed to their training and development. The business continues to manage its costs in line with the KPI's they are working towards.

The business also faces the normal risks and uncertainties that apply to similar businesses. The director regularly reviews the major risks which impact their business.

SECTION 172(1) STATEMENT

This section serves as our section 172 statement. Section 172 of the Companies Act 2006 requires directors to take into consideration the interests of stakeholders in their decision making. The director continues to have regard to the interests of the company's employees and other stakeholders, including the impact of its activities on the community, the environment and the company's reputation, when making decisions. Acting in good faith and fairly between members, the director considers what is most likely to promote the success of the company for its members in the long term. We explain in detail below how the board engages with our stakeholders, thus complying with the requirement to include a statement setting out how our Directors have discharged this duty.

In this context we note the following:

-

The directors are fully aware of their responsibilities to promote the success of the Company in accordance with section 172 of the Companies Act 2006. The board regularly reflects on how the group engages with its stakeholders and opportunities for enhancement in the future.

-

All strategic decisions are considered to account for the interests of the shareholder, employees, suppliers and customers of the company.

-

The Board regularly reviews our principal stakeholders and how we engage with them. The stakeholder voice is brought into the boardroom through information provided by management and also by direct engagement with stakeholders themselves.

-

Customers are placed at the heart of the company's proposition and significant resource is invested in compliance functions within the company to ensure that robust monitoring processes are in place.

-

The importance of supplier relationships is also recognised, as evidenced by paying suppliers to agreed terms.

The fundamental overriding principle in the governance of the company is that of ensuring transparent conduct which reflects fairness in all dealings with the shareholder, employees, customers and suppliers. The company places a high degree of importance on its core values. A testament to this is reflected in the significantly long length of service by most of our senior employees and the several long-standing relationships with customers and suppliers.

ON BEHALF OF THE BOARD:

Ms L J Smith - Director

30 December 2025

The directors present their report with the financial statements of the company for the year ended 5 April 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of an umbrella company.

DIVIDENDS

No dividends will be distributed for the year ended 5 April 2025.

DIRECTORS

Ms L J Smith has held office during the whole of the period from 6 April 2024 to the date of this report.

Other changes in directors holding office are as follows:

A J Holdaway - appointed 4 April 2025

I Qadeer - appointed 4 April 2025

EMPLOYMENT OF DISABLED PERSONS

The company gives full consideration to applications from disabled persons where the candidate's particular aptitudes and abilities are consistent with adequately meeting the requirements of the job. Opportunities are available to disabled employees for training, career development and promotion.

ENGAGEMENT WITH EMPLOYEES

During the year, the policy of providing employees with information about the company has continued through regular meetings held between management and employees to allow a free flow of information and ideas. We recognise the importance of our staff and are committed to their training and development.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

ON BEHALF OF THE BOARD:

Ms L J Smith - Director

30 December 2025

Opinion

We have audited the financial statements of Clarity Umbrella Ltd (the 'company') for the year ended 5 April 2025 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the company's affairs as at 5 April 2025 and of its profit for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of directors' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page four, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our procedures in relation to fraud included but were not limited to:

- enquiries of management whether they have knowledge of any actual, suspected or alleged fraud;

- gaining an understanding of the internal controls established to mitigate risk related to fraud;

- discussion amongst the engagement team regarding risk of fraud such as opportunities for fraudulent manual journal entries to manipulate financial performance, management bias through judgements and assumptions in significant accounting estimates; and

- addressing the risk of fraud through management override of controls by performing journal entry testing.

The primary responsibility for the prevention and detection of irregularities including fraud rests with both those charged with governance and management. As with any audit, there remained a risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations or the override of internal controls.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Gary Scarff ACA FCCA MAAT (Senior Statutory Auditor)

for and on behalf of Walter Wright

Chartered Accountants

Statutory Auditor

89 High Street

Hadleigh

Ipswich

Suffolk

IP7 5EA

30 December 2025

TURNOVER

49,911,780

80,561,380

Cost of sales

49,524,606

79,901,637

GROSS PROFIT

387,174

659,743

Administrative expenses

280,670

381,329

OPERATING PROFIT

4

106,504

278,414

Interest receivable and similar income

47,419

37,639

153,923

316,053

Interest payable and similar expenses

5

-

289

PROFIT BEFORE TAXATION

153,923

315,764

Tax on profit

6

37,722

70,937

PROFIT FOR THE FINANCIAL YEAR

116,201

244,827

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

116,201

244,827

FIXED ASSETS

Tangible assets

8

2,298

3,101

CURRENT ASSETS

Debtors

9

1,540,638

1,344,012

Cash at bank

3,616,585

4,701,237

5,157,223

6,045,249

CREDITORS

Amounts falling due within one year

10

4,723,285

5,728,131

NET CURRENT ASSETS

433,938

317,118

TOTAL ASSETS LESS CURRENT LIABILITIES

436,236

320,219

PROVISIONS FOR LIABILITIES

12

535

719

NET ASSETS

435,701

319,500

CAPITAL AND RESERVES

Called up share capital

13

1

1

Retained earnings

14

435,700

319,499

SHAREHOLDERS' FUNDS

435,701

319,500

The financial statements were approved by the Board of Directors and authorised for issue on 30 December 2025 and were signed on its behalf by:

Ms L J Smith - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 October 2022

1

159,672

159,673

Changes in equity

Dividends

-

(85,000

)

(85,000

)

Total comprehensive income

-

244,827

244,827

Balance at 5 April 2024

1

319,499

319,500

Changes in equity

Total comprehensive income

-

116,201

116,201

Balance at 5 April 2025

1

435,700

435,701

Cash flows from operating activities

Cash generated from operations

1

(976,494

)

1,149,730

Interest paid

-

(289

)

Tax paid

(71,808

)

(42,258

)

Net cash from operating activities

(1,048,302

)

1,107,183

Cash flows from investing activities

Purchase of tangible fixed assets

(1,306

)

(2,004

)

Interest received

47,419

37,639

Net cash from investing activities

46,113

35,635

Cash flows from financing activities

Amount introduced by directors

1,428

85,000

Amount withdrawn by directors

(83,891

)

(39,127

)

Equity dividends paid

-

(85,000

)

Net cash from financing activities

(82,463

)

(39,127

)

(Decrease)/increase in cash and cash equivalents

(1,084,652

)

1,103,691

Cash and cash equivalents at beginning of year

2

4,701,237

3,597,546

Cash and cash equivalents at end of year

2

3,616,585

4,701,237

1.	RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

Period

1.10.22

Year Ended

to

5.4.25

5.4.24

£

£

Profit before taxation

153,923

315,764

Depreciation charges

2,109

5,264

Finance costs

-

289

Finance income

(47,419

)

(37,639

)

108,613

283,678

(Increase)/decrease in trade and other debtors

(196,626

)

598,041

(Decrease)/increase in trade and other creditors

(888,481

)

268,011

Cash generated from operations

(976,494

)

1,149,730

2.	CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 5 April 2025

5.4.25

6.4.24

£

£

Cash and cash equivalents

3,616,585

4,701,237

Period ended 5 April 2024

5.4.24

1.10.22

£

£

Cash and cash equivalents

4,701,237

3,597,546

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 6.4.24

Cash flow

At 5.4.25

£

£

£

Net cash

Cash at bank

4,701,237

(1,084,652

)

3,616,585

4,701,237

(1,084,652

)

3,616,585

Total

4,701,237

(1,084,652

)

3,616,585

1.	STATUTORY INFORMATION

Clarity Umbrella 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.

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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

In the application of the Company's accounting policies, the Directors are required to make judgements, estimates and assumptions. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

Turnover

Turnover represents the sales of goods and services, is recognised on dispatch of the goods or provision of the service and excludes value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

25% on cost

Computer equipment

-

50% on cost

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans from / to related parties.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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 tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Going concern

The company has traded profitably in the year under review and has continued to trade profitably subsequent to the year-end. Forecasts prepared by the directors indicate that the company will continue to trade profitably for a period of at least twelve months from the signing of these financial statements. .

Based on the above, the directors believe that the company is well placed to manage its business risks successfully. The director has therefore concluded that they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, and as a result they conclude that it is appropriate to continue adopting the going concern basis in preparing these financial statements.

3.	EMPLOYEES AND DIRECTORS

Period

1.10.22

Year Ended

to

5.4.25

5.4.24

£

£

Wages and salaries

49,655,204

80,102,253

Social security costs

9,469

12,841

Other pension costs

1,972

4,052

49,666,645

80,119,146

The average number of employees during the year was as follows:

Period

1.10.22

Year Ended

to

5.4.25

5.4.24

Direct

393

433

Admin

6

7

399

440

Period

1.10.22

Year Ended

to

5.4.25

5.4.24

£

£

Directors' remuneration

13,700

19,800

Directors' pension contributions to money purchase schemes

224

383

The number of directors to whom retirement benefits were accruing was as follows:

Money purchase schemes

1

1

4.	OPERATING PROFIT

The operating profit is stated after charging:

Period

1.10.22

Year Ended

to

5.4.25

5.4.24

£

£

Depreciation - owned assets

2,109

5,264

Auditors' remuneration

3,675

3,453

5.

INTEREST PAYABLE AND SIMILAR EXPENSES

Period

1.10.22

Year Ended

to

5.4.25

5.4.24

£

£

Other interest paid

-

289

6.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

Period

1.10.22

Year Ended

to

5.4.25

5.4.24

£

£

Current tax:

UK corporation tax

37,906

71,808

Deferred tax

(184

)

(871

)

Tax on profit

37,722

70,937

Reconciliation of total tax charge included in profit and loss

The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The difference is explained below:

Period

1.10.22

Year Ended

to

5.4.25

5.4.24

£

£

Profit before tax

153,923

315,764

Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%)

38,481

78,941

Effects of:

Expenses not deductible for tax purposes

633

544

Capital allowances in excess of depreciation

-

(1,694

)

Changes in tax rates

(1,392

)

(6,854

)

Total tax charge

37,722

70,937

7.

DIVIDENDS

Period

1.10.22

Year Ended

to

5.4.25

5.4.24

£

£

Interim

-

85,000

8.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 6 April 2024

3,158

9,953

13,111

Additions

-

1,306

1,306

At 5 April 2025

3,158

11,259

14,417

DEPRECIATION

At 6 April 2024

1,480

8,530

10,010

Charge for year

790

1,319

2,109

At 5 April 2025

2,270

9,849

12,119

NET BOOK VALUE

At 5 April 2025

888

1,410

2,298

At 5 April 2024

1,678

1,423

3,101

9.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,524,620

1,327,352

Other debtors

4,500

4,500

Prepayments

11,518

12,160

1,540,638

1,344,012

10.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

3,770

3,120

Corporation tax

37,906

71,808

Social security and other taxes

1,643,541

1,845,878

VAT

1,223,387

1,443,405

Pension scheme

224,299

535,851

Directors' current accounts

2,595

85,058

Accruals and deferred income

1,582,112

1,739,511

Accrued expenses

5,675

3,500

4,723,285

5,728,131

11.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

13,978

27,469

Between one and five years

1,580

15,547

15,558

43,016