CLEAR_ADVICE_(SCOTLAND)_L - Accounts


CLEAR ADVICE (SCOTLAND) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2021
Company Registration Number SC477517 (Scotland)
PAGES FOR FILING WITH REGISTRAR
CLEAR ADVICE (SCOTLAND) LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2021
31 October 2021
- 1 -
2021
2020
£
£
£
£
Fixed assets
331
459
Current assets
15,760
12,420
Creditors: amounts falling due within one year
(8,038)
(5,032)
Net current assets
7,722
7,388
Total assets less current liabilities
8,053
7,847
Creditors: amounts falling due after more than one year
(20,247)
(22,917)
Net liabilities
(12,194)
(15,070)
Capital and reserves
(12,194)
(15,070)
Notes to the financial statements
1
Employees

The average number of persons (including directors) employed by the company during the year was 1 (2020 - 1).

2
Related party transactions

During the year consultancy fees of £31,450 (2020 - £32,660) were paid to the director.

 

Included within current assets is £3,167 (2020 - £3,167) due from the director. This loan bears no interest and has no fixed repayment terms.

3
Going concern

These accounts have been prepared on the going concern basis, on the understanding that the director will provide financial support to the company during this uncertain period.

Clear Advice (Scotland) Limited is a private company limited by shares incorporated in Scotland. The registered office is Pentagon Business Centre, 36 Washington Street, Glasgow, G3 8AZ.

For the year ended 31 October 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

CLEAR ADVICE (SCOTLAND) LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 OCTOBER 2021
31 October 2021
- 2 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 28 October 2022
Mr Clifford Boyd
Director
Company Registration Number SC477517
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