Abbreviated Company Accounts - CLARE WILLIAMS RESEARCH LIMITED

CLARE WILLIAMS RESEARCH LIMITED - Company Information

04676083 CLARE WILLIAMS RESEARCH LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 04676083 2013-01-01 2013-12-31 04676083 2013-12-31 04676083 2012-12-31 04676083 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 04676083 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 04676083

CLARE WILLIAMS RESEARCH LIMITED

Abbreviated Accounts

31 December 2013

CLARE WILLIAMS RESEARCH LIMITED Registered Number 04676083

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	411	639
		411	639
Current assets
Debtors		16,466	41,865
Cash at bank and in hand		293,167	290,775
		309,633	332,640
Creditors: amounts falling due within one year		(4,970)	(10,695)
Net current assets (liabilities)		304,663	321,945
Total assets less current liabilities		305,074	322,584
Provisions for liabilities		(1,138)	(1,612)
Total net assets (liabilities)		303,936	320,972
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		303,836	320,872
Shareholders' funds		303,936	320,972

For the year ending 31 December 2013 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 25 September 2014

And signed on their behalf by:
C WILLIAMS, Director

CLARE WILLIAMS RESEARCH LIMITED Registered Number 04676083

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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
Turnover represents the net invoiced value of services supplied by the company, excluding Value Added Tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Computer Equipment - 33.3% on cost
Plant & Equipment - 25% on written down value

Other accounting policies
Deferred Taxation

Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company’s accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or a right to pay less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.

Deferred tax assets and liabilities are not discounted.

Operating Leases

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2Tangible fixed assets

	£
Cost
At 1 January 2013	3,142
Additions	333
Disposals	(191)
Revaluations	-
Transfers	-
At 31 December 2013	3,284
Depreciation
At 1 January 2013	2,503
Charge for the year	561
On disposals	(191)
At 31 December 2013	2,873
Net book values
At 31 December 2013	411
At 31 December 2012	639

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

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100