Clear Communication Associates Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 01842142 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST AUGUST 2014

FOR

CLEAR COMMUNICATION ASSOCIATES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Dr P R LeFrere

Mrs V M LeFrere

SECRETARY:

Mrs V M LeFrere

REGISTERED OFFICE:

5 Woad Lane

Great Linford

MILTON KEYNES

Buckinghamshire

MK14 5HE

REGISTERED NUMBER:

01842142 (England and Wales)

ACCOUNTANTS:

Camfield Chapman Lowe

9 High Street

Woburn Sands

Milton Keynes

MK17 8RF

FIXED ASSETS

Tangible assets

2

1,715

2,560

Investments

3

6,054

-

7,769

2,560

CURRENT ASSETS

Debtors

82,319

45,671

Cash at bank and in hand

57,440

17,145

139,759

62,816

CREDITORS

Amounts falling due within one year

74,351

2,394

NET CURRENT ASSETS

65,408

60,422

TOTAL ASSETS LESS CURRENT LIABILITIES

73,177

62,982

PROVISIONS FOR LIABILITIES

343

-

NET ASSETS

72,834

62,982

CAPITAL AND RESERVES

Called up share capital

4

400

400

Profit and loss account

72,434

62,582

SHAREHOLDERS' FUNDS

72,834

62,982

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 26th May 2015 and were signed on its behalf by:

Dr P R LeFrere - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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

-

33% on reducing balance

Fixtures and fittings

-

33% on reducing balance

Computer equipment

-

33% on reducing balance

Deferred tax

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

sheet date.

Government grants

The company receives grants in respect of specific projects that it will undertake from various Government agencies.

These grants are individually assessed and included within the profit and loss on a basis whereby amounts received

and attributable costs to the specific grants can be identified, relevant adjustments made as far as it is possible to do

so.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st September 2013

and 31st August 2014

60,955

DEPRECIATION

At 1st September 2013

58,395

Charge for year

845

At 31st August 2014

59,240

NET BOOK VALUE

At 31st August 2014

1,715

At 31st August 2013

2,560

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

Additions

6,054

At 31st August 2014

6,054

NET BOOK VALUE

At 31st August 2014

6,054

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

400

Ordinary

£1

400

400

5.	TRANSACTIONS WITH DIRECTORS

The following advances and credits to a director subsisted during the years ended 31st August 2014 and

31st August 2013:

2014

2013

£

£

Dr P R LeFrere

Balance outstanding at start of year

39,219

-

Amounts advanced

25,886

39,022

Amounts repaid

(72,293

)

197

Balance outstanding at end of year

(7,188

)

39,219

On the outstanding loan of £39,219 the company charged an interest of £222 from 01 September 2013 to 21

October 2013 at 4% per annum. The loan was repaid in full on the 22 October 2013.