Clarity Clifton Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04855348

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2016

FOR

CLARITY CLIFTON LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J Leaver

SECRETARY:

Mrs M Leaver

REGISTERED OFFICE:

6 Charlotte Street

Bath

BA1 2NE

REGISTERED NUMBER:

04855348

ACCOUNTANTS:

Berkeley Hall Marshall Limited

6 Charlotte Street

Bath

BA1 2NE

FIXED ASSETS

Tangible assets

2

4,441

5,144

CURRENT ASSETS

Debtors

51,971

53,939

Cash at bank

51

52,022

53,990

CREDITORS

Amounts falling due within one year

56,297

58,833

NET CURRENT LIABILITIES

(4,275

)

(4,843

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

166

301

CAPITAL AND RESERVES

Called up share capital

3

50

Profit and loss account

116

251

SHAREHOLDERS' FUNDS

166

301

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the
end of each financial year and of its profit or loss for each financial year in accordance with the requirements
of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006
relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 6 June 2016 and were signed by:

J Leaver - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These accounts have been prepared on the going concern basis, on the understanding that the director,

who is also the majority shareholder, will continue to financially support the company for a period of 12

months from the date of these financial statements. This support will be reviewed at that time.

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

37,769

Additions

804

At 31 January 2016

38,573

DEPRECIATION

At 1 February 2015

32,625

Charge for year

1,507

At 31 January 2016

34,132

NET BOOK VALUE

At 31 January 2016

4,441

At 31 January 2015

5,144

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

500

Ordinary 10 pence share

10p

50

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2016 and

31 January 2015:

2016

2015

£

J Leaver

Balance outstanding at start of year

3,234

11,428

Amounts advanced

5,475

47,285

Amounts repaid

(5,934

)

(55,479

)

Balance outstanding at end of year

2,775

3,234