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Registration number: 05539477

Clearspirit Limited
Annual Report and Unaudited Filleted Financial Statements
for the Year Ended 31 August 2025

Clearspirit Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 7

Clearspirit Limited

Company Information

Director | Mr S Weightman

Company secretary | Mrs S Weightman

Registered office | 10 Scotch Horn Close Nailsea BRISTOL BS48 1TF

Accountants | Burton Sweet Limited Chartered Accountants and Business Advisers Cooper House Lower Charlton Estate Shepton Mallet Somerset BA4 5QE

Clearspirit Limited

(Registration number: 05539477)
Balance Sheet
31 August 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 825 | 1,674
Current assets |  |  |
Debtors | 5 | 993 | 3,583
Cash at bank and in hand |  | 122 | -
|  | 1,115 | 3,583
Creditors: Amounts falling due within one year | 6 | (5,849) | (4,008)
Net current liabilities |  | (4,734) | (425)
Net (liabilities)/assets |  | (3,909) | 1,249
Capital and reserves |  |  |
Called up share capital |  | 1,000 | 1,000
Retained earnings |  | (4,909) | 249
Shareholders' (deficit)/funds |  | (3,909) | 1,249

Clearspirit Limited

(Registration number: 05539477)
Balance Sheet
31 August 2025

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

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 19 May 2026

......................................... Mr S Weightman Director

Clearspirit Limited

Notes to the Unaudited Financial Statements
Year Ended 31 August 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
10 Scotch Horn Close
Nailsea
BRISTOL
BS48 1TF

These financial statements were authorised for issue by the director on 19 May 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Clearspirit Limited

Notes to the Unaudited Financial Statements
Year Ended 31 August 2025

Tax

The tax expense for the period comprises current tax and is recognised in profit or loss.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office Equipment | 5 Year straight line

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Clearspirit Limited

Notes to the Unaudited Financial Statements
Year Ended 31 August 2025

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

4 | Tangible assets

| Office equipment £
Cost or valuation
At 1 September 2024 | 5,017
Disposals | (699)
At 31 August 2025 | 4,318
Depreciation
At 1 September 2024 | 3,343
Charge for the year | 850
Eliminated on disposal | (700)
At 31 August 2025 | 3,493
Carrying amount
At 31 August 2025 | 825
At 31 August 2024 | 1,674

5 | Debtors

| 2025 £ | 2024 £
Other debtors | 993 | 3,499
Prepayments | - | 84
| 993 | 3,583

Clearspirit Limited

Notes to the Unaudited Financial Statements
Year Ended 31 August 2025

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 7 | - | 118
Taxation and social security |  | - | 2,858
Accruals and deferred income |  | 200 | 900
Other creditors |  | 5,649 | 132
|  | 5,849 | 4,008

7 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Bank overdrafts | - | 118

8 | Related party transactions

2025 | At 1 September 2024 £ | Advances to director £ | Repayments by director £ | At 31 August 2025 £
Mr S Weightman
Interest free and repayable on demand | (3,219) | (1,304) | 9,950 | 5,427

2024 | At 1 September 2023 £ | Advances to director £ | Repayments by director £ | At 31 August 2024 £
Mr S Weightman
Interest free and repayable on demand | (3,919) | (31,500) | 32,200 | (3,219)