Clearwater Marine Investments Limited 31/12/2025 iXBRL

Company registration number: 04462581

Clearwater Marine Investments Limited

Unaudited filleted financial statements

31 December 2025

Clearwater Marine Investments Limited

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

Clearwater Marine Investments Limited

Directors and other information


	Directors	Mr N R Hill
		Mrs Cornelia Hill


	Secretary	Robinsons Consulting Limited


	Company number	04462581


	Registered office	78 York Street
		London
		W1H 1DP

Clearwater Marine Investments Limited

Statement of financial position

31 December 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	6,079		2,849
Investments	6	16,820		-
		_______		_______
			22,899		2,849

Current assets
Debtors	7	2,956,087		2,935,600
Cash at bank and in hand		451,155		67,845
		_______		_______
		3,407,242		3,003,445
Creditors: amounts falling due
within one year	8	( 1,695,227)		( 1,274,425)
		_______		_______
Net current assets			1,712,015		1,729,020
			_______		_______
Total assets less current liabilities			1,734,914		1,731,869

			_______		_______
Net assets			1,734,914		1,731,869
			_______		_______

Capital and reserves
Called up share capital			1		1
Profit and loss account			1,734,913		1,731,868
			_______		_______
Shareholders funds			1,734,914		1,731,869
			_______		_______

For the year ending 31 December 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 financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 04 September 2026 , and are signed on behalf of the board by:

Mr N R Hill

Director

Company registration number: 04462581

Clearwater Marine Investments Limited

Notes to the financial statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 78 York Street, London, W1H 1DP.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. 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 capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

No provision for deferred taxation has been provided for in the financial statements, due to the amount not being material.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	25 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Investment property

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a 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.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Fixtures, fittings and equipment	Total
	£	£
Cost
At 1 January 2025	124,787	124,787
Additions	5,572	5,572
Disposals	( 100,112)	( 100,112)
	_______	_______
At 31 December 2025	30,247	30,247
	_______	_______
Depreciation
At 1 January 2025	121,938	121,938
Charge for the year	2,342	2,342
Disposals	( 100,112)	( 100,112)
	_______	_______
At 31 December 2025	24,168	24,168
	_______	_______
Carrying amount
At 31 December 2025	6,079	6,079
	_______	_______
At 31 December 2024	2,849	2,849
	_______	_______

6. Investments

	Shares in group undertakings and participating interests	Other investments other than loans	Total
	£	£	£
Cost
At 1 January 2025	-	-	-
Additions	258	16,562	16,820
	_______	_______	_______
At 31 December 2025	258	16,562	16,820
	_______	_______	_______
Impairment
At 1 January 2025 and 31 December 2025	-	-	-
	_______	_______	_______
Carrying amount
At 31 December 2025	258	16,562	16,820
	_______	_______	_______
At 31 December 2024	-	-	-
	_______	_______	_______

Investments in group undertakings
	Registered office	Class of share	Percentage of shares held

Participating interest
Woodstreet Inc	Trust Company Complex Ajeltake Road Ajeltake Island, Majuro Marshall Islands MH96960	Ordinary	39.9

7. Debtors

	2025	2024
	£	£
Trade debtors	53,146	3,058
Other debtors	2,902,941	2,932,542
	_______	_______
	2,956,087	2,935,600
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	12,991	710
Corporation tax	549	-
Other creditors	1,681,687	1,273,715
	_______	_______
	1,695,227	1,274,425
	_______	_______

9. Operating leases

The company as lessee

The total future minimum lease payments under non-cancellable operating leases are as follows:


	£	£

Not later than 1 year	11,871	12,950
Later than 1 year and not later than 5 years	-	11,871
	_______	_______
	11,871	24,821
	_______	_______

10. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr N R Hill	2,755	1,603	( 2,755)	1,603
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr N R Hill	-	2,755	-	2,755
		_______	_______	_______	_______