| Clovermedia Limited |
| Registered number: |
03546276 |
| Abbreviated Balance Sheet |
| as at 31 December 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
275 |
|
|
997 |
|
| Current assets |
| Debtors |
|
|
16,846 |
|
|
14,365 |
| Cash at bank and in hand |
|
|
4,716 |
|
|
2,661 |
|
|
|
21,562 |
|
|
17,026 |
|
| Creditors: amounts falling due within one year |
|
|
(19,201) |
|
|
(9,196) |
|
| Net current assets |
|
|
|
2,361 |
|
|
7,830 |
|
| Net assets |
|
|
|
2,636 |
|
|
8,827 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
2,536 |
|
|
8,727 |
|
| Shareholders' funds |
|
|
|
2,636 |
|
|
8,827 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Julian Clover |
| Director |
| Approved by the board on 18 March 2016 |
|
| Clovermedia Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 December 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
Turnover represents the value, net of discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% straight line |
|
|
Foreign currencies |
|
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account. |
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2015 |
8,139 |
|
At 31 December 2015 |
8,139 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2015 |
7,142 |
|
Charge for the year |
722 |
|
At 31 December 2015 |
7,864 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2015 |
275 |
|
At 31 December 2014 |
997 |
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
| 4 |
Director's benefits: advances, credits and guarantees |
|
|
Included in other debtors is a loan from the company to the director Julian Clover of £12,316 (2014 £3,365). |
