Clapperboard Limited - Period Ending 2014-10-31

Registration number: 03261965

Clapperboard Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 October 2014
 

Clapperboard Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 3) have been prepared.

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Clapperboard Limited
for the Year Ended 31 October 2014

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Clapperboard Limited for the year ended 31 October 2014 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Clapperboard Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Clapperboard Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Clapperboard Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Clapperboard Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Clapperboard Limited. You consider that Clapperboard Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Clapperboard Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Lewis & Co Chartered Accountants
19a Goodge Street
London
London
W1T 2PH

Date:.............................

Page 1

Clapperboard Limited
(Registration number: 03261965)
Abbreviated Balance Sheet at 31 October 2014

		Note			2014 £			2013 £
Fixed assets
Tangible fixed assets					53,495			36,211
Current assets
Debtors					16,657			22,880
Cash at bank and in hand					33,598			72,980
					50,255			95,860
Creditors: Amounts falling due within one year					(44,944)			(90,623)
Net current assets					5,311			5,237
Net assets					58,806			41,448
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					58,706			41,348
Shareholders' funds					58,806			41,448

For the year ending 31 October 2014 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 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 in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the director on 17 July 2015

.........................................
N Millard
Director

The notes on page 3 form an integral part of these financial statements.
Page 2

Clapperboard Limited
Notes to the Abbreviated Accounts for the Year Ended 31 October 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Fixtures and equipments	25% on reducing balance

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 November 2013		218,103			218,103
Additions		35,116			35,116
At 31 October 2014		253,219			253,219
Depreciation
At 1 November 2013		181,892			181,892
Charge for the year		17,832			17,832
At 31 October 2014		199,724			199,724
Net book value
At 31 October 2014		53,495			53,495
At 31 October 2013		36,211			36,211

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary Share Capital of £1 each		100			100			100			100

Page 3