Abbreviated Company Accounts - CLARKSON SERVICES LIMITED

Abbreviated Company Accounts - CLARKSON SERVICES LIMITED

CLARKSON SERVICES LIMITED - Company Information

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Registered Number 03206810

CLARKSON SERVICES LIMITED

Abbreviated Accounts

31 July 2015

CLARKSON SERVICES LIMITED Registered Number 03206810

Abbreviated Balance Sheet as at 31 July 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 3,600 5,400
Tangible assets 3 59,560 36,362
63,160 41,762
Current assets
Debtors 285,826 86,909
Cash at bank and in hand 138,753 77,130
424,579 164,039
Creditors: amounts falling due within one year 4 (273,933) (92,615)
Net current assets (liabilities) 150,646 71,424
Total assets less current liabilities 213,806 113,186
Creditors: amounts falling due after more than one year 4 (24,017) (9,665)
Provisions for liabilities (4,392) (5,720)
Total net assets (liabilities) 185,397 97,801
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 184,397 96,801
Shareholders' funds 185,397 97,801
  • For the year ending 31 July 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 30 November 2015

And signed on their behalf by:
RWS CLARKSON, Director
D CLARKSON, Director

CLARKSON SERVICES LIMITED Registered Number 03206810

Notes to the Abbreviated Accounts for the period ended 31 July 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.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery - 15% on cost
Motor Vehicles - 25% on cost
Equipment - 15% on cost

Intangible assets amortisation policy
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Goodwill - 10% straight line

2Intangible fixed assets
£
Cost
At 1 August 2014 18,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 July 2015 18,000
Amortisation
At 1 August 2014 12,600
Charge for the year 1,800
On disposals -
At 31 July 2015 14,400
Net book values
At 31 July 2015 3,600
At 31 July 2014 5,400
3Tangible fixed assets
£
Cost
At 1 August 2014 74,220
Additions 56,055
Disposals (39,018)
Revaluations -
Transfers -
At 31 July 2015 91,257
Depreciation
At 1 August 2014 37,858
Charge for the year 10,678
On disposals (16,839)
At 31 July 2015 31,697
Net book values
At 31 July 2015 59,560
At 31 July 2014 36,362
4Creditors
2015
£		 2014
£
Secured Debts 34,686 18,226