Clark Technologies Wales Ltd - Limited company - abbreviated - 11.6

Clark Technologies Wales Ltd

Abbreviated Unaudited Accounts

for the Period 12 December 2013 to 31 December 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

G M Clark

R J Shepherd

REGISTERED OFFICE:

53 Rodney Streeet

Liverpool

Merseyside

L1 9ER

REGISTERED NUMBER:

08811835 (England and Wales)

ACCOUNTANTS:

TCS

53 Rodney Street

Liverpool

Merseyside

L1 9ER

FIXED ASSETS

Tangible assets

2

19,966

CURRENT ASSETS

Debtors

12,955

Cash at bank

17,417

30,372

CREDITORS

Amounts falling due within one year

116,964

NET CURRENT LIABILITIES

(86,592

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(66,626

)

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

(66,628

)

SHAREHOLDERS' FUNDS

(66,626

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 21 May 2015 and were signed on its behalf by:

R J Shepherd - 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 etc

-

33% on cost and 20% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

22,963

At 31 December 2014

22,963

DEPRECIATION

Charge for period

2,997

At 31 December 2014

2,997

NET BOOK VALUE

At 31 December 2014

19,966

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

£1

2