Abbreviated Company Accounts - CLEAN IMAGE LIMITED

CLEAN IMAGE INVESTMENTS LIMITED - Company Information

03325286 CLEAN IMAGE LIMITED 2015-02-28 false 2014-03-01 2015-02-28 true 03325286 2014-03-01 2015-02-28 03325286 2015-02-28 03325286 2014-02-28 03325286 uk-gaap-cd-bus:Director1 2014-03-01 2015-02-28 03325286 uk-gaap-cd-bus:Director2 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 iso4217:GBP shares

Registered Number 03325286

CLEAN IMAGE LIMITED

Abbreviated Accounts

28 February 2015

CLEAN IMAGE LIMITED Registered Number 03325286

Abbreviated Balance Sheet as at 28 February 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	215,881	219,519
		215,881	219,519
Current assets
Stocks		22,697	114,991
Debtors		27,438	17,218
		50,135	132,209
Creditors: amounts falling due within one year		(107,587)	(187,230)
Net current assets (liabilities)		(57,452)	(55,021)
Total assets less current liabilities		158,429	164,498
Creditors: amounts falling due after more than one year		(168,840)	(171,215)
Total net assets (liabilities)		(10,411)	(6,717)
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		(11,411)	(7,717)
Shareholders' funds		(10,411)	(6,717)

For the year ending 28 February 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 27 November 2015

And signed on their behalf by:
C R Ross, Director

CLEAN IMAGE LIMITED Registered Number 03325286

Notes to the Abbreviated Accounts for the period ended 28 February 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with applicable accounting standards.

Turnover policy
Turnover comprises revenue recognised by the company in respect of goods and supplied during the year, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the costs of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:-

L/Term Leasehold Property - 1% straight line
Motor Vehicles - 25% straight line
Computer equipment - 33% straight line

Other accounting policies
GOING CONCERN

As shown in the financial statements, the company has total liabilities exceeding its total assets by £10,411 (2014 - £8268). The company meets its day to day working capital requirements through the support of the director's loan account. The director has confirmed that his support will continue for the foreseeable future. For this reason, the company has decided to prepare the accounts using the going concern basis.

CASH FLOW

The company has taken advantage of the exemption in Financial Reporting Standard No. 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.

STOCKS AND WORK IN PROGRESS

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2Tangible fixed assets

	£
Cost
At 1 March 2014	251,227
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2015	251,227
Depreciation
At 1 March 2014	31,708
Charge for the year	3,638
On disposals	-
At 28 February 2015	35,346
Net book values
At 28 February 2015	215,881
At 28 February 2014	219,519

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

	2015 £	2014 £
1,000 Ordinary shares of £1 each	1,000	1,000