CLEVERASS LIMITED

CLEVERASS LIMITED

CLEVERASS LIMITED - Company Information

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CLEVERASS LIMITED

Company Registration Number:
04694706 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2020

Period of accounts

Start date: 01 April 2019

End date: 31 March 2020

CLEVERASS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2020

Balance sheet
Notes

CLEVERASS LIMITED

Balance sheet

As at 31 March 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 3,774 5,833
Total fixed assets: 3,774 5,833
Current assets
Stocks: 37,659 10,055
Debtors:   325,204 765,899
Cash at bank and in hand: 103,901 154,781
Total current assets: 466,764 930,735
Creditors: amounts falling due within one year:   (129,891) (673,851)
Net current assets (liabilities): 336,873 256,884
Total assets less current liabilities: 340,647 262,717
Provision for liabilities: (262) (554)
Total net assets (liabilities): 340,385 262,163
Capital and reserves
Called up share capital: 101 101
Profit and loss account: 340,284 262,062
Shareholders funds: 340,385 262,163

The notes form part of these financial statements

CLEVERASS LIMITED

Balance sheet statements

For the year ending 31 March 2020 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 January 2021
and signed on behalf of the board by:

Name: Mr A Gallon
Status: Director

The notes form part of these financial statements

CLEVERASS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Fixtures and fittings are depreciated at 15% using the reducing balance method

CLEVERASS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

2. Employees

2020 2019
Average number of employees during the period 11 11

CLEVERASS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

3. Tangible Assets

Total
Cost £
At 01 April 2019 62,351
At 31 March 2020 62,351
Depreciation
At 01 April 2019 56,518
Charge for year 2,059
At 31 March 2020 58,577
Net book value
At 31 March 2020 3,774
At 31 March 2019 5,833