ISV Clearview Limited 31/05/2026 iXBRL

Company registration number: 02997400

ISV Clearview Limited

Unaudited filleted financial statements

31 May 2026

THE BARKER PARTNERSHIP

Chartered Accountants

Thirsk

ISV Clearview Limited

Contents

Directors and other information

Accountants report

Balance sheet

Notes to the financial statements

ISV Clearview Limited

Directors and other information


	Director	P A Paton


	Secretary	P A Paton


	Company number	02997400


	Registered office	4 Clockwood Gardens
		Yarm
		Cleveland
		TS15 9RW


	Accountants	The Barker Partnership
		17 Central Buildings
		Market Place
		Thirsk
		North Yorkshire
		YO7 1HD

ISV Clearview Limited

Chartered accountants report to the director on the preparation of the

unaudited statutory financial statements of ISV Clearview Limited

Year ended 31 May 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of ISV Clearview Limited for the year ended 31 May 2026 which comprise the Balance sheet and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the director of ISV Clearview Limited, as a body, in accordance with the terms of our engagement letter dated 15 October 2024. Our work has been undertaken solely to prepare for your approval the financial statements of ISV Clearview Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ISV Clearview Limited and its director as a body for our work or for this report.

It is your duty to ensure that ISV Clearview Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of ISV Clearview Limited. You consider that ISV Clearview Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of ISV Clearview Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

The Barker Partnership

Chartered Accountants

17 Central Buildings

Market Place

Thirsk

North Yorkshire

YO7 1HD

14 September 2026

ISV Clearview Limited

Balance sheet

31 May 2026

		2026		2025
	Note	£	£	£	£

Fixed assets
Tangible assets	5	635,000		635,000
		_______		_______
			635,000		635,000

Current assets
Cash at bank and in hand		5,021		13,010
		_______		_______
		5,021		13,010
Creditors: amounts falling due
within one year	6	( 5,879)		( 5,577)
		_______		_______
Net current (liabilities)/assets			( 858)		7,433
			_______		_______
Total assets less current liabilities			634,142		642,433


Provisions for liabilities			( 19,850)		( 19,850)

			_______		_______
Net assets			614,292		622,583
			_______		_______

Capital and reserves
Called up share capital			200,000		200,000
Profit and loss account			414,292		422,583
			_______		_______
Shareholders funds			614,292		622,583
			_______		_______

For the year ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges 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 Profit and loss account has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 14 September 2026 , and are signed on behalf of the board by:

P A Paton

Director

Company registration number: 02997400

ISV Clearview Limited

Notes to the financial statements

Year ended 31 May 2026

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 4 Clockwood Gardens, Yarm, Cleveland, TS15 9RW.

The principal activity of the company is that of owning and managing investment properties.

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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.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 services rendered, net of discounts.

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.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

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

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.

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.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the Balance sheet and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2025: 1 ).

5. Tangible assets

	Investment property	Total
	£	£
Cost
At 1 June 2025 and 31 May 2026	635,000	635,000
	_______	_______
Depreciation
At 1 June 2025 and 31 May 2026	-	-
	_______	_______
Carrying amount
At 31 May 2026	635,000	635,000
	_______	_______
At 31 May 2025	635,000	635,000
	_______	_______

Investment property

In accordance with FRS 102 investment properties are revalued annually and the aggregate surplus or deficit recognised in the profit and loss account.The fair value of the investment properties has been arrived at on the basis of a valuation carried out by the director. The valuations were made on an open market value basis by reference to market evidence of transaction prices for similar properties and their construction.

6. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	556	-
Corporation tax	1,397	1,937
Social security and other taxes	180	41
Other creditors	3,746	3,599
	_______	_______
	5,879	5,577
	_______	_______

7. Related party transactions

The amount due to the director at the year end date in respect of his director's loan account was £121 (2025 £24).

8. Controlling party

For the whole year the company was under the control of Mr P A Paton , the sole director and shareholder of the company.