Clearhill Estates Limited iXBRL

Clearhill Estates Limited

Abridged Unaudited Financial Statements

for the financial year ended 31 December 2025

Clearhill Estates Limited

Company Registration Number: NI661955

ABRIDGED BALANCE SHEET

as at 31 December 2025

		2025	2024
	Notes	£	£

Fixed Assets

Tangible assets

208,310

214,623

Investments

300

300

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Fixed Assets

208,610

214,923

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Current Assets

Debtors

2,950,989

2,688,216

Creditors: amounts falling due within one year

(100,889)

(138,116)

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Net Current Assets

2,850,100

2,550,100

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Total Assets less Current Liabilities

3,058,710

2,765,023

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Capital and Reserves

Called up share capital

400

400

Retained earnings

3,058,310

2,764,623

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Equity attributable to owners of the company

3,058,710

2,765,023

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The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 31 March 2026 and signed on its behalf by



________________________________
John McAreavey
Director

Clearhill Estates Limited

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

for the financial year ended 31 December 2025

General Information

Clearhill Estates Limited is a private company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI661955. The registered office of the company is Unit 9, Scarva Road Industrial Estate, Banbridge,, Ireland

The financial statements cover the individual entity Clearhill Estates Limited, for the year ended 31 December 2025.

The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 December 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Consolidated accounts

The company is entitled to the exemption in Section 399 of the Companies Act 2006 from the obligation to prepare group accounts.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:

Land and buildings freehold

2.5% Straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Investments

Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Profit and Loss Account in the financial year in which it is receivable.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Employees

The company had no employees in this financial period or in the comparative period.


4.	Tangible assets
		Land and	Total
		buildings
		freehold
		£	£
	Cost
	At 1 January 2025	252,500	252,500
		─────────	─────────

	At 31 December 2025	252,500	252,500
		─────────	─────────
	Depreciation
	At 1 January 2025	37,877	37,877
	Charge for the financial year	6,313	6,313
		─────────	─────────
	At 31 December 2025	44,190	44,190
		─────────	─────────
	Net book value
	At 31 December 2025	208,310	208,310
		═════════	═════════
	At 31 December 2024	214,623	214,623
		═════════	═════════


5.	Investments
		Group and	Total
		participating
		interests/
		joint ventures
	Investments	£	£
	Cost

	At 31 December 2025	300	300
		─────────	─────────
	Net book value
	At 31 December 2025	300	300
		═════════	═════════
	At 31 December 2024	300	300
		═════════	═════════

5.1.

Holdings in related undertakings

The company holds 20% or more of the share capital of the following company:

Country

Nature

Details

Proportion

held by

Name

incorporation and address of Registered Office

business

investment

company

Subsidiary undertaking

Clearhill Enterprises Limited

Unit 9 Scarva Road Industrial Estate

Banbridge

Co Down

Northern Ireland

BT32 3QD

The provision of entertainment and amusement facilities at a number of retail centres

Ordinary

100%

In the opinion of the directors, the value to the company of the unlisted investments is not less than the book amount shown above.

PARENT COMPANY AND ULTIMATE PARENT COMPANY

Clearhill Estates Limited is the parent company and the ultimate parent company of Clearhill Enterprises Limited. Clearhill Estates Limited owns 100% of the share capital of Clearhill Enterprises Limited. The address of Clearhill Enterprises Limited is Carousel House, Scarva Road Industrial Estate, Banbridge, Co Down, BT32 3QD.

Clearhill Estates Limited is also regarded as the ultimate parent undertaking of Clearhill Enterprises (Ireland) Limited, a company incorporated in the Republic of Ireland, which is a subsidiary of Clearhill Enterprises Limited. The address of Clearhill Enterprises (Ireland) Limited is 20 Park Street, Dundalk, Co Louth.