Clarity & Partnership Ltd - Limited company - abbreviated - 11.6

Clarity & Partnership Ltd - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 06840308 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Clarity & Partnership Ltd

Clarity & Partnership Ltd (Registered number: 06840308)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Clarity & Partnership Ltd

Company Information
for the Year Ended 31 March 2015







DIRECTORS: Dr J Woodhouse
Dr M Stewart
Dr A Thompson



REGISTERED OFFICE: 29 Howard Street
North Shields
Tyne and Wear
NE30 1AR



REGISTERED NUMBER: 06840308 (England and Wales)



ACCOUNTANTS: Essell
29 Howard Street
North Shields
Tyne and Wear
NE30 1AR



BANKERS: Royal Bank of Scotland
27 Blachwell Gate
Darlington
Co. Durham
DL1 5HX



SOLICITORS: Sintons
The Cube
Barrack Road
Newcastle Upon Tyne
NE4 6DB

Clarity & Partnership Ltd (Registered number: 06840308)

Abbreviated Balance Sheet
31 March 2015

31/3/15 31/3/14
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 2,513 615

CURRENT ASSETS
Debtors 21,008 46,078
Cash at bank and in hand 28,089 30,597
49,097 76,675
CREDITORS
Amounts falling due within one year 28,151 63,661
NET CURRENT ASSETS 20,946 13,014
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,459

13,629

PROVISIONS FOR LIABILITIES 503 123
NET ASSETS 22,956 13,506

CAPITAL AND RESERVES
Called up share capital 3 12 12
Profit and loss account 22,944 13,494
SHAREHOLDERS' FUNDS 22,956 13,506

Clarity & Partnership Ltd (Registered number: 06840308)

Abbreviated Balance Sheet - continued
31 March 2015


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 5 August 2015 and were
signed on its behalf by:





Dr J Woodhouse - Director


Clarity & Partnership Ltd (Registered number: 06840308)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2015

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 cost
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

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

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014 10,726
Additions 3,053
At 31 March 2015 13,779
DEPRECIATION
At 1 April 2014 10,111
Charge for year 1,155
At 31 March 2015 11,266
NET BOOK VALUE
At 31 March 2015 2,513
At 31 March 2014 615

Clarity & Partnership Ltd (Registered number: 06840308)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 March 2015

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/3/15 31/3/14
value: £    £   
1 Ordinary Share Capital £2 2 2
10 B Shares 50p 5 5
10 C Shares 50p 5 5
12 12