Clabash Holdings Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07516333 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2019

for

Clabash Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Shaikh

S I Ball

SECRETARY:

REGISTERED OFFICE:

BCL House

2 Pavilion Business Park

Royds Hall Road

LEEDS

West Yorkshire

LS12 6AJ

REGISTERED NUMBER:

07516333 (England and Wales)

ACCOUNTANTS:

BCL Accountants Ltd

BCL House

2 Pavilion Business Park

Royds Hall Road

Leeds

LS12 6AJ

FIXED ASSETS

Investments

4

552,856

552,854

CURRENT ASSETS

Debtors

5

40

50

Cash at bank

1,801

2,200

1,841

2,250

CREDITORS

Amounts falling due within one year

6

547,936

545,973

NET CURRENT LIABILITIES

(546,095

)

(543,723

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,761

9,131

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

5,761

8,131

SHAREHOLDERS' FUNDS

6,761

9,131

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 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 May 2020 and were signed on its behalf by:

S I Ball - Director

1.	STATUTORY INFORMATION

Clabash Holdings 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.

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2019

552,854

Additions

2

At 31 December 2019

552,856

NET BOOK VALUE

At 31 December 2019

552,856

At 31 December 2018

552,854

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Amounts owed by group undertakings

-

13

Other debtors

40

37

40

50

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Amounts owed to group undertakings

545,660

543,773

Other creditors

2,276

2,200

547,936

545,973

7.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.