REGISTERED NUMBER: 03959220 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

1ST CLEAR FLOW LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs W M Bennett

R Bennett

G A Bennett

J B Shiers

REGISTERED OFFICE:

C/O Galloways Accounting

The Mill Building

31-35 Chatsworth Road

Worthing

West Sussex

BN11 1LY

REGISTERED NUMBER:

03959220 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Hove) Limited

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

905,872

917,904

905,872

917,904

CURRENT ASSETS

Stocks

6

10,000

8,000

Debtors

7

189,571

159,779

Cash at bank and in hand

139,319

198,575

338,890

366,354

CREDITORS

Amounts falling due within one year

8

114,083

134,569

NET CURRENT ASSETS

224,807

231,785

TOTAL ASSETS LESS CURRENT LIABILITIES

1,130,679

1,149,689

PROVISIONS FOR LIABILITIES

122,162

125,170

NET ASSETS

1,008,517

1,024,519

CAPITAL AND RESERVES

Called up share capital

104

104

Revaluation reserve

9

324,585

324,585

Capital redemption reserve

1

1

Retained earnings

683,827

699,829

1,008,517

1,024,519

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2026 and were signed on its behalf by:

R Bennett - Director

1.	STATUTORY INFORMATION

1st Clear Flow 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents sales of services net of VAT. Turnover is recognised at the point the customer is entitled to consideration.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% straight line

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% straight line

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of

depreciation and any impairment losses.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 taxation is provided in full on timing differences which represent a liability at the balance sheet date, at rates expected to apply when they crystallise based on current tax rates and law. Timing differences arise from the inclusion of items of income and expenditure in taxation computations in periods different from those in which they are included in financial statements. Deferred tax assets and liabilities are not discounted.

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.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2025 - 19 ) .

4.	INTANGIBLE FIXED ASSETS

Development

Goodwill

costs

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

40,000

10,395

50,395

AMORTISATION

At 1 April 2025

and 31 March 2026

40,000

10,395

50,395

NET BOOK VALUE

At 31 March 2026

-

-

-

At 31 March 2025

-

-

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST OR VALUATION

At 1 April 2025

850,000

243,368

2,111

Additions

-

3,700

227

At 31 March 2026

850,000

247,068

2,338

DEPRECIATION

At 1 April 2025

-

220,105

1,936

Charge for year

-

6,631

81

At 31 March 2026

-

226,736

2,017

NET BOOK VALUE

At 31 March 2026

850,000

20,332

321

At 31 March 2025

850,000

23,263

175

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST OR VALUATION

At 1 April 2025

142,094

37,728

1,275,301

Additions

2,400

870

7,197

At 31 March 2026

144,494

38,598

1,282,498

DEPRECIATION

At 1 April 2025

99,517

35,839

357,397

Charge for year

10,713

1,804

19,229

At 31 March 2026

110,230

37,643

376,626

NET BOOK VALUE

At 31 March 2026

34,264

955

905,872

At 31 March 2025

42,577

1,889

917,904

Freehold property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the revaluation reserve.

Revaluations shall be made with sufficient regularity to ensure that the carrying amount does not differ materially from the fair value at the reporting date.

6.

STOCKS

2026

2025

£

£

Stocks

10,000

8,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

182,095

150,297

Other debtors

60

-

Directors' loan accounts

-

1,700

Tax

574

574

Prepayments

6,842

7,208

189,571

159,779

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

3,071

1,186

Tax

7,810

34,358

Social security and other taxes

14,501

12,849

VAT

70,795

70,109

Other creditors

14,185

13,378

Accrued expenses

3,721

2,689

114,083

134,569

9.

RESERVES

Revaluation

reserve

£

At 1 April 2025

and 31 March 2026

324,585

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

R Bennett

Balance outstanding at start of year

850

850

Amounts advanced

2,500

-

Amounts repaid

(3,350

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

850

J B Shiers

Balance outstanding at start of year

850

850

Amounts advanced

250

-

Amounts repaid

(1,100

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

850

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs W Bennett & Mr G Bennett.

This was by virtue of their 98% holding of the issued share capital.