Clearview Software Limited

Contents

Statement of Financial Position	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

Clearview Software Limited

(Registration number: 04229264)
Statement of Financial Position as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	147,488	168,557
Current assets
Debtors	5	17,248	12,523
Cash at bank and in hand		14,238	9,051
		31,486	21,574
Creditors: Amounts falling due within one year	6	(44,955)	(49,456)
Net current liabilities		(13,469)	(27,882)
Total assets less current liabilities		134,019	140,675
Creditors: Amounts falling due after more than one year	6	(35,000)	(35,000)
Net assets		99,019	105,675
Capital and reserves
Called up share capital		3	3
Profit and loss account		99,016	105,672
Shareholders' funds		99,019	105,675

Clearview Software Limited

(Registration number: 04229264)
Statement of Financial Position as at 30 September 2025 (continued)

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and 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 directors have not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the Board on 3 June 2026 and signed on its behalf by:
 

Gavin Whitehouse Director

Clearview Software Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 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:
Waterfront One
Waterfront Business Park
Brierley Hill
West Midlands
DY5 1LX
England

Principal activity

The principal activity of the company is software development.

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.

The financial statements are prepared in sterling which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Clearview Software Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

2	Accounting policies (continued)

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for services rendered in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income 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.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at a revalued amount, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.

Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Software development	10% straight line (once development completed)

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities

Clearview Software Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

2	Accounting policies (continued)

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 statement of comprehensive income 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.

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

3	Staff numbers

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

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
At 1 October 2024	210,695	210,695
At 30 September 2025	210,695	210,695
Amortisation
At 1 October 2024	42,138	42,138
Amortisation charge	21,069	21,069
At 30 September 2025	63,207	63,207
Carrying amount
At 30 September 2025	147,488	147,488
At 30 September 2024	168,557	168,557

Clearview Software Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

5

Debtors

	2025 £	2024 £
Other debtors	15,984	11,304
Prepayments	1,264	1,219
	17,248	12,523

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Loans and borrowings	30,000	-
Trade creditors	496	2,558
Taxation and social security	4,451	2,231
Accruals and deferred income	675	625
Other creditors	9,333	44,042
	44,955	49,456

Creditors: amounts falling due after more than one year

	2025 £	2024 £
Due after one year
Loans and borrowings	35,000	-
Other financial liabilities	-	35,000
	35,000	35,000

7

Reserves

Profit and loss account:

This reserve records retained earnings and accumulated losses.

Clearview Software Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

8	Related party transactions

Transactions with directors

2025	At 1 October 2024 £	Repayments by director £	At 30 September 2025 £
The directors	-	(35,000)	(35,000)

The loan is repayable on demand and interest is charged at the official rate on overdrawn balances.