Abbreviated Company Accounts - CLARAMORE LIMITED

Registered Number NI624064

CLARAMORE LIMITED

Abbreviated Accounts

30 April 2015

CLARAMORE LIMITED Registered Number NI624064

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015
		£
Fixed assets
Intangible assets		-
Tangible assets		-
Investments		-
		-
Current assets
Stocks		196,435
Debtors		277,026
Investments		-
Cash at bank and in hand		231
		473,692
Creditors: amounts falling due within one year		(471,925)
Net current assets (liabilities)		1,767
Total assets less current liabilities		1,767
Total net assets (liabilities)		1,767
Capital and reserves
Called up share capital		100
Profit and loss account		1,667
Shareholders' funds		1,767

For the year ending 30 April 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 11 January 2016

And signed on their behalf by:
Padraig McCallan, Director

CLARAMORE LIMITED Registered Number NI624064

Notes to the Abbreviated Accounts for the period ended 30 April 2015

1Accounting Policies

Basis of measurement and preparation of accounts
These financial statements have been prepared on the going concern basis under the historical cost convention, and in accordance with the Companies Act 2006 and applicable accounting standards in the United Kingdom. The principal accounting policies, which have been applied consistently throughout the year, are set out below:

Turnover policy
Turnover represents the invoiced value of services supplied during the year excluding VAT and net of trade discounts. Revenue is recognised when, and to the extent that, the company obtains the right to consideration in exchange for its performance.

Other accounting policies
Stock and work in progress

Stocks are stated at lower of cost and net realisable value. Work in progress comprises materials, direct wages and other direct costs relevant to the stage of completion of work in progress.

Debtors

Debtors are stated after all known bad debts have been written off and specific provision has been made against all debts considered doubtful of collection.