Company Registration No. 05372053 (England and Wales)
Clearwater (Norwich) Limited
Unaudited accounts
for the year ended 31 March 2020
Clearwater (Norwich) Limited
Unaudited accounts
Contents
Clearwater (Norwich) Limited
Company Information
for the year ended 31 March 2020
Company Number
05372053 (England and Wales)
Registered Office
SUITE 5A, CRINGLEFORD BUSINESS CENTRE IN
CRINGLEFORD
NORWICH
NORFOLK
NR4 6AU
ENGLAND
Clearwater (Norwich) Limited
Statement of financial position
as at 31 March 2020
Tangible assets
114,927
54,881
Cash at bank and in hand
74,552
205,783
Creditors: amounts falling due within one year
(119,494)
(68,066)
Net current assets
40,247
217,809
Net assets
155,174
272,690
Called up share capital
20
20
Profit and loss account
155,154
272,670
Shareholders' funds
155,174
272,690
For the year ending 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 November 2020 and were signed on its behalf by
Matthew Cook
Director
Company Registration No. 05372053
Clearwater (Norwich) Limited
Notes to the Accounts
for the year ended 31 March 2020
Clearwater (Norwich) Limited is a private company, limited by shares, registered in England and Wales, registration number 05372053. The registered office is SUITE 5A, CRINGLEFORD BUSINESS CENTRE IN, CRINGLEFORD, NORWICH, NORFOLK, NR4 6AU, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
33% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
33% reducing balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2019
16,153
8,533
120,944
145,630
Additions
28,408
27,146
18,345
73,899
At 31 March 2020
44,561
35,679
139,289
219,529
At 1 April 2019
8,095
3,129
79,525
90,749
Charge for the year
7,798
2,571
3,484
13,853
At 31 March 2020
15,893
5,700
83,009
104,602
At 31 March 2020
28,668
29,979
56,280
114,927
At 31 March 2019
8,058
5,404
41,419
54,881
Clearwater (Norwich) Limited
Notes to the Accounts
for the year ended 31 March 2020
Trade debtors
74,002
80,092
6
Creditors: amounts falling due within one year
2020
2019
Obligations under finance leases and hire purchase contracts
12,005
-
Taxes and social security
9,683
68,066
7
Average number of employees
During the year the average number of employees was 19 (2019: 14).
