Clearview Utilites Ltd - Accounts to registrar (filleted) - small 18.2

Clearview Utilites Ltd - Accounts to registrar (filleted) - small 18.2

CLEARVIEW UTILITIES LTD - Company Information

Print Friendly Version

IRIS Accounts Production v22.2.0.402 11492198 Board of Directors 1.4.21 31.3.22 31.3.22 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure114921982021-03-31114921982022-03-31114921982021-04-012022-03-31114921982020-03-31114921982020-04-012021-03-31114921982021-03-3111492198ns16:EnglandWales2021-04-012022-03-3111492198ns15:PoundSterling2021-04-012022-03-3111492198ns11:Director12021-04-012022-03-3111492198ns11:PrivateLimitedCompanyLtd2021-04-012022-03-3111492198ns11:SmallEntities2021-04-012022-03-3111492198ns11:AuditExempt-NoAccountantsReport2021-04-012022-03-3111492198ns11:SmallCompaniesRegimeForDirectorsReport2021-04-012022-03-3111492198ns11:SmallCompaniesRegimeForAccounts2021-04-012022-03-3111492198ns11:FullAccounts2021-04-012022-03-3111492198ns11:Director22021-04-012022-03-3111492198ns11:RegisteredOffice2021-04-012022-03-3111492198ns6:CurrentFinancialInstruments2022-03-3111492198ns6:CurrentFinancialInstruments2021-03-3111492198ns6:Non-currentFinancialInstruments2022-03-3111492198ns6:Non-currentFinancialInstruments2021-03-3111492198ns6:ShareCapital2022-03-3111492198ns6:ShareCapital2021-03-3111492198ns6:RetainedEarningsAccumulatedLosses2022-03-3111492198ns6:RetainedEarningsAccumulatedLosses2021-03-3111492198ns6:PlantMachinery2021-04-012022-03-3111492198ns6:PlantMachinery2021-03-3111492198ns6:PlantMachinery2022-03-3111492198ns6:PlantMachinery2021-03-3111492198ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2021-04-012022-03-3111492198ns6:PlantMachineryns6:LeasedAssetsHeldAsLessee2022-03-3111492198ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3111492198ns6:WithinOneYearns6:CurrentFinancialInstruments2021-03-31
REGISTERED NUMBER: 11492198 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31st March 2022

for

Clearview Utilities Ltd
Clearview Utilities Ltd (Registered number: 11492198)






Contents of the Financial Statements
for the Year Ended 31st March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Clearview Utilities Ltd

Company Information
for the Year Ended 31st March 2022







DIRECTORS: P J Coombes
A Guare





REGISTERED OFFICE: Unit 301 Old Barn Farm Road
Woolsbridge Industrial Estate
Wimborne
Dorset
BH21 6SP





REGISTERED NUMBER: 11492198 (England and Wales)





ACCOUNTANTS: Wheeler & Co Ltd
Chartered Accountants
The Shrubbery
14 Church Street
Whitchurch
Hampshire
RG28 7AB
Page 1
Clearview Utilities Ltd (Registered number: 11492198)

Balance Sheet
31st March 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 178,501 16,659

CURRENT ASSETS
Debtors 5 111,823 88,924
Cash at bank and in hand 22,475 150
134,298 89,074
CREDITORS
Amounts falling due within one year 6 54,245 50,188
NET CURRENT ASSETS 80,053 38,886
TOTAL ASSETS LESS CURRENT
LIABILITIES
258,554
55,545

CREDITORS
Amounts falling due after more than one
year
7
(63,218
)
-

PROVISIONS FOR LIABILITIES (33,920 ) (3,165 )
NET ASSETS 161,416 52,380

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 161,316 52,280
161,416 52,380

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2022 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 notes form part of these financial statements

Page 2 continued...
Clearview Utilities Ltd (Registered number: 11492198)

Balance Sheet - continued
31st March 2022


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 17th August 2022 and were signed on its behalf by:





P J Coombes - Director


The notes form part of these financial statements

Page 3
Clearview Utilities Ltd (Registered number: 11492198)

Notes to the Financial Statements
for the Year Ended 31st March 2022

1. STATUTORY INFORMATION

Clearview Utilities Ltd 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on cost

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 tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2021 - 4 ) .

Page 4 continued...
Clearview Utilities Ltd (Registered number: 11492198)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2021 16,983
Additions 167,840
At 31st March 2022 184,823
DEPRECIATION
At 1st April 2021 324
Charge for year 5,998
At 31st March 2022 6,322
NET BOOK VALUE
At 31st March 2022 178,501
At 31st March 2021 16,659

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
Additions 110,740
At 31st March 2022 110,740
NET BOOK VALUE
At 31st March 2022 110,740

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade debtors 103,830 -
Amounts owed by associates - 84,052
Other debtors 7,993 4,872
111,823 88,924

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Hire purchase contracts 4,536 -
Trade creditors 13,115 9,232
Amounts owed to group undertakings 6,027 -
Taxation and social security 9,062 29,070
Other creditors 21,505 11,886
54,245 50,188

Page 5 continued...
Clearview Utilities Ltd (Registered number: 11492198)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2022

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.22 31.3.21
£    £   
Hire purchase contracts 63,218 -

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £45,000 (2021 - £10,000) were paid to the directors .

During the year the company made sales of £222,435 (2021 - £349,868) to Clearview Surveys Ltd and incurred costs of £168,579 (2021 - £42,233). Both companies are under the common control of P Coombes and A Guare.

Page 6