Abbreviated Company Accounts - CLARAWARA INVESTMENTS LIMITED

CLARAWARA INVESTMENTS LIMITED - Company Information

SC333658 CLARAWARA INVESTMENTS LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true SC333658 2014-04-01 2015-03-31 SC333658 2015-03-31 SC333658 2014-03-31 SC333658 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 SC333658 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director3 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director3 2015-03-31 uk-gaap-cd-bus:Director3 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number SC333658

CLARAWARA INVESTMENTS LIMITED

Abbreviated Accounts

31 March 2015

CLARAWARA INVESTMENTS LIMITED Registered Number SC333658

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Investments	2	140,000	185,000
		140,000	185,000
Current assets
Debtors		-	387
Cash at bank and in hand		66	271
		66	658
Creditors: amounts falling due within one year		(1,926)	(1,404)
Net current assets (liabilities)		(1,860)	(746)
Total assets less current liabilities		138,140	184,254
Total net assets (liabilities)		138,140	184,254
Capital and reserves
Called up share capital	3	251	251
Revaluation reserve		139,760	184,760
Profit and loss account		(1,871)	(757)
Shareholders' funds		138,140	184,254

For the year ending 31 March 2015 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 19 November 2015

And signed on their behalf by:
C A Martin, Director

CLARAWARA INVESTMENTS LIMITED Registered Number SC333658

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Other accounting policies
Investments

Investments held as fixed assets are shown at cost less provision for impairment.

2Fixed assets Investments
Fixed asset investments

£

Cost or valuation

At 1 April 2014 185,000
Revaluations (45,000)

At 31 March 2015
140,000

Net book value

At 31 March 2015 140,000

At 31 March 2014
185,000

Participating interests

The shares in a participating interest represents a 24% (2014 24%) interest in the issued share capital of Nevisview Limited, a company registered in Scotland. The aggregate capital and reserves of Nevisview Limited at 31 March 2015 were £701,842 (2014 £709,387) and its profit for the year £23,765 (2014 £138,264).

The director's valuation of the investment in Nevisview Limited is based on the net assets less a discount to reflect the size of the holding.

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
251 Ordinary shares of £1 each	251	251

4Transactions with directors

Name of director receiving advance or credit:	C A Martin
Description of the transaction:	Loan from director
Balance at 1 April 2014:	-
Advances or credits made:	£ 486
Advances or credits repaid:	-
Balance at 31 March 2015:	£ 486

Included in other creditors is a loan from C A Martin, the director, amounting to £486 (2014 £nil). The loan is interest free with no fixed repayment terms.