REGISTERED NUMBER: 04339620 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

CLEAR FINANCIAL ADVICE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

B J Greening

SECRETARY:

Mrs M M Greening

REGISTERED OFFICE:

1 Brook Court

Blakeney Road

Beckenham

Kent

BR3 1HG

REGISTERED NUMBER:

04339620 (England and Wales)

ACCOUNTANTS:

Maths Partnership

1 Brook Court

Blakeney Road

Beckenham

Kent

BR3 1HG

FIXED ASSETS

Intangible assets

4

446,250

-

Tangible assets

5

15,760

16,339

462,010

16,339

CURRENT ASSETS

Debtors

6

51,607

176,069

Cash at bank

461,444

444,810

513,051

620,879

CREDITORS

Amounts falling due within one year

7

304,875

162,399

NET CURRENT ASSETS

208,176

458,480

TOTAL ASSETS LESS CURRENT LIABILITIES

670,186

474,819

PROVISIONS FOR LIABILITIES

3,919

4,058

NET ASSETS

666,267

470,761

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

665,267

469,761

SHAREHOLDERS' FUNDS

666,267

470,761

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit And Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 March 2026 and were signed by:

B J Greening - Director

1.	STATUTORY INFORMATION

Clear Financial Advice Limited 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.

Turnover

The turnover shown in the profit and loss account represents the value of work carried out in the year.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2025, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

20% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit And Loss Account, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

450,000

At 31 December 2025

450,000

AMORTISATION

Amortisation for year

3,750

At 31 December 2025

3,750

NET BOOK VALUE

At 31 December 2025

446,250

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2025

44,749

25,188

69,937

Additions

-

6,708

6,708

Disposals

-

(13,250

)

(13,250

)

At 31 December 2025

44,749

18,646

63,395

DEPRECIATION

At 1 January 2025

35,868

17,730

53,598

Charge for year

1,781

2,886

4,667

Eliminated on disposal

-

(10,630

)

(10,630

)

At 31 December 2025

37,649

9,986

47,635

NET BOOK VALUE

At 31 December 2025

7,100

8,660

15,760

At 31 December 2024

8,881

7,458

16,339

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

25,000

25,500

Amounts owed by group undertakings

-

123,962

Other debtors

26,607

26,607

51,607

176,069

All debtors are due within one year and have therefore not been discounted.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

2,813

2,946

Amounts owed to group undertakings

109,038

-

Taxation and social security

133,394

103,726

Other creditors

59,630

55,727

304,875

162,399

All creditors are payable within one year and have therefore not been discounted.

8.	LEASING AGREEMENTS

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

31.12.25

31.12.24

£

£

Within one year

-

2,839