Clear Accountancy Services Limited - Abbreviated accounts

Registered number

07221115

Clear Accountancy Services Limited

Abbreviated Accounts

31 July 2015

Clear Accountancy Services Limited
Registered number:		07221115
Abbreviated Balance Sheet
as at 31 July 2015

Notes			2015			2014
£				£
Fixed assets
Intangible assets	2		750			225
Tangible assets	3		3,837			17,767
			4,587			17,992

Current assets
Debtors		42,867			33,395
Cash at bank and in hand		119,609			96,404
		162,476			129,799

Creditors: amounts falling due within one year		(127,135)			(124,696)

Net current assets			35,341			5,103

Net assets			39,928			23,095

Capital and reserves
Called up share capital	4		3			2
Profit and loss account			39,925			23,093

Shareholders' funds			39,928			23,095

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.



C Talbot
Director
Approved by the board on 26 April 2016

Clear Accountancy Services Limited
Notes to the Abbreviated Accounts
for the year ended 31 July 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 April 2008).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of work carried out in respect of services provided to clients.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Office furniture and equipment			25% straight line
	Motor vehicles			25% straight line


2	Intangible fixed assets					£

	Cost
	At 1 August 2014					2,340
	Additions					1,500
	At 31 July 2015					3,840

	Amortisation
	At 1 August 2014					2,115
	Provided during the year					975
	At 31 July 2015					3,090

	Net book value
	At 31 July 2015					750
	At 31 July 2014					225


3	Tangible fixed assets					£

	Cost
	At 1 August 2014					35,554
	Additions					3,078
	Disposals					(30,438)
	At 31 July 2015					8,194

	Depreciation
	At 1 August 2014					17,787
	Charge for the year					3,043
	On disposals					(16,473)
	At 31 July 2015					4,357

	Net book value
	At 31 July 2015					3,837
	At 31 July 2014					17,767


4	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		2		2		2
	B Ordinary shares	£1 each		1		1		-
						3		2

Nominal			Number		Amount
value			£
	Shares issued during the period:
	B Ordinary shares	£1 each		1		1