REGISTERED NUMBER: 15506392 (England and Wales)

Unaudited Financial Statements for the Year Ended 28th February 2026

for

Clarefield Holdings Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J F M O'Shea

Mrs G P L O'Shea

REGISTERED OFFICE:

24 Garden Road

Eastwood

Nottingham

NG16 3FW

REGISTERED NUMBER:

15506392 (England and Wales)

ACCOUNTANTS:

Noy & Partners Accountants Limited

17 Farrington Way

Eastwood

Nottingham

Nottinghamshire

NG16 3BF

FIXED ASSETS

Tangible assets

4

17,686

18,064

Investment property

5

275,000

234,468

292,686

252,532

CURRENT ASSETS

Debtors

6

389

1,989

Cash at bank

12,709

3,659

13,098

5,648

CREDITORS

Amounts falling due within one year

7

223,049

204,305

NET CURRENT LIABILITIES

(209,951

)

(198,657

)

TOTAL ASSETS LESS CURRENT LIABILITIES

82,735

53,875

CREDITORS

Amounts falling due after more than one year

8

70,000

70,000

NET ASSETS/(LIABILITIES)

12,735

(16,125

)

CAPITAL AND RESERVES

Called up share capital

9

2

2

Fair value reserve

10

40,532

-

Retained earnings

(27,799

)

(16,127

)

SHAREHOLDERS' FUNDS

12,735

(16,125

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2026 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 21st April 2026 and were signed on its behalf by:

J F M O'Shea - Director

1.	STATUTORY INFORMATION

Clarefield Holdings 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st March 2025

12,090

10,300

1,000

23,390

Additions

4,150

-

746

4,896

At 28th February 2026

16,240

10,300

1,746

28,286

DEPRECIATION

At 1st March 2025

2,418

2,575

333

5,326

Charge for year

2,764

1,931

579

5,274

At 28th February 2026

5,182

4,506

912

10,600

NET BOOK VALUE

At 28th February 2026

11,058

5,794

834

17,686

At 28th February 2025

9,672

7,725

667

18,064

5.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1st March 2025

234,468

Revaluations

40,532

At 28th February 2026

275,000

NET BOOK VALUE

At 28th February 2026

275,000

At 28th February 2025

234,468

Cost or valuation at 28th February 2026 is represented by:

£

Valuation in 2026

40,532

Cost

234,468

275,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

389

1,989

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

3,196

1,428

Trade creditors

-

2,249

Taxation and social security

388

-

Other creditors

219,465

200,628

223,049

204,305

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other creditors

70,000

70,000

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

2

Ordinary

£1

2

2

10.

RESERVES

Fair

value

reserve

£

Fair value adjustment

40,532

At 28th February 2026

40,532