CLF Limited - Period Ending 2016-04-30

Registration number: 04276700

CLF Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 April 2016
 

Lambert Chapman LLP
Chartered Accountants
3 Warners Mill
Silks Way
Braintree
Essex
CM7 3GB

CLF Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Registration number: 04276700

CLF Limited
Balance Sheet as at 30 April 2016

		Note			2016 £			2015 £
Fixed assets
Investments					300,571			300,571
Current assets
Debtors					45,000			-
Creditors: Amounts falling due within one year					(182,946)			(162,946)
Net current liabilities					(137,946)			(162,946)
Net assets					162,625			137,625
Capital and reserves
Called up share capital		3			404			404
Profit and loss account					162,221			137,221
Shareholders' funds					162,625			137,625

For the year ending 30 April 2016 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

Approved by the Board on 19 October 2016 and signed on its behalf by:

D W Lightning
Director

R J Lyon
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

CLF Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2016
......... 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 January 2015).

The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.

Exemption from preparing group accounts

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Fixed asset investments

Fixed asset investments held by the company are included in the balance sheet at the cost of acquisition including associated costs.

Deferred tax

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

2	Fixed assets

		Investments £			Total £
Cost
At 1 May 2015		300,571			300,571
At 30 April 2016		300,571			300,571
Depreciation
At 30 April 2016		-			-
Net book value
At 30 April 2016		300,571			300,571
At 30 April 2015		300,571			300,571

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Holding

Proportion of voting rights and shares held

Principal activity

Subsidiary undertakings
CLF Packaging Limited	Ordinary	100%	supply of packaging materials

The profit for the financial period of CLF Packaging Limited was £296,204 and the aggregate amount of capital and reserves at the end of the period was £766,713.

Page 2

CLF Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary A of £1 each		400			400			400			400
Ordinary B, C, D & E of £1 each		4			4			4			4
		404			404			404			404

4

Control

The company is controlled by no one person.

Page 3