Clavering Tanner Consulting Limited - Period Ending 2015-10-31

Registration number: 09249534

Clavering Tanner Consulting Limited

Unaudited Abbreviated Accounts

for the Period from 6 October 2014 to 31 October 2015

 

Kevin Alderton and Team
Chartered Accountants
14 South Way
Newhaven
East Sussex
BN9 9LL

Clavering Tanner Consulting Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Clavering Tanner Consulting Limited
for the Period Ended 31 October 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Clavering Tanner Consulting Limited for the period ended 31 October 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Clavering Tanner Consulting Limited, as a body, in accordance with the terms of our engagement letterdated 10 October 2014. Our work has been undertaken solely to prepare for your approval the accounts of Clavering Tanner Consulting Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Clavering Tanner Consulting Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Clavering Tanner Consulting Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Clavering Tanner Consulting Limited. You consider that Clavering Tanner Consulting Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of Clavering Tanner Consulting Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Kevin Alderton and Team
Chartered Accountants
14 South Way
Newhaven
East Sussex
BN9 9LL

27 April 2016

Page 1

Clavering Tanner Consulting Limited
(Registration number: 09249534)
Abbreviated Balance Sheet at 31 October 2015

		Note			31 October 2015 £
Fixed assets
Tangible fixed assets					45,395
Current assets
Debtors					5,696
Cash at bank and in hand					195
					5,891
Creditors: Amounts falling due within one year					(5,120)
Net current assets					771
Net assets					46,166
Capital and reserves
Called up share capital		3			1
Profit and loss account					46,165
Shareholders' funds					46,166

For the year ending 31 October 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 director acknowledges his 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 director on 27 April 2016

.........................................
Mr Damien Clavering Tanner
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Clavering Tanner Consulting Limited
Notes to the Abbreviated Accounts for the Period from 6 October 2014 to 31 October 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

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

Asset class	Depreciation method and rate
Computer Equipment	25% reducing balance
Motor Vehicle	25% reducing balance

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Foreign currency

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 3

Clavering Tanner Consulting Limited
Notes to the Abbreviated Accounts for the Period from 6 October 2014 to 31 October 2015
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
Additions		60,527			60,527
At 31 October 2015		60,527			60,527
Depreciation
Charge for the period		15,132			15,132
At 31 October 2015		15,132			15,132
Net book value
At 31 October 2015		45,395			45,395

3	Share capital

Allotted, called up and fully paid shares

	31 October 2015
		No.			£
Ordinary Shares of £1 each		1			1

4	Related party transactions

Director's advances and credits

	6 October 2014 to 31 October 2015 Advance/ Credit £	6 October 2014 to 31 October 2015 Repaid £
Mr Damien Clavering Tanner
	63,949	64,304

Page 4