Clarence House Financial Limited - Abbreviated accounts 16.3

Clarence House Financial Limited - Abbreviated accounts 16.3

CLARENCE HOUSE FINANCIAL LIMITED - Company Information

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REGISTERED NUMBER: 04082493 (England and Wales)










ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2016

FOR

CLARENCE HOUSE FINANCIAL LIMITED

CLARENCE HOUSE FINANCIAL LIMITED (REGISTERED NUMBER: 04082493)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

CLARENCE HOUSE FINANCIAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2016







DIRECTOR: Mr S K H Lok





REGISTERED OFFICE: 1 Kings Avenue
London
N21 3NA





REGISTERED NUMBER: 04082493 (England and Wales)





ACCOUNTANTS: AGK Partners
Chartered Accountants
1 Kings Avenue
London
N21 3NA
Page 1
CLARENCE HOUSE FINANCIAL LIMITED (REGISTERED NUMBER: 04082493)

ABBREVIATED BALANCE SHEET
31 OCTOBER 2016

2016 2015
Notes £    £   
CURRENT ASSETS
Cash at bank 307 332

CREDITORS
Amounts falling due within one year 139,116 160,889
NET CURRENT LIABILITIES (138,809 ) (160,557 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
(138,809
)
(160,557
)

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account (138,909 ) (160,657 )
SHAREHOLDERS' FUNDS (138,809 ) (160,557 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 30 July 2017 and were signed by:





Mr S K H Lok - Director


The notes form part of these abbreviated accounts

Page 2
CLARENCE HOUSE FINANCIAL LIMITED (REGISTERED NUMBER: 04082493)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2016

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on a going concern basis as the director is satisfied that the
company will have adequate resources to meet it's liabilities to third parties as they fall due.

The director is confident that the company's trading position will improve in the future and has also given the
assurances that he will fund the company as and when necessary.

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 amounts receivable, excluding Value Added Tax, for the provision services supplied in
the normal course of business.

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

Computer equipment: 33.33% at cost.
Fixtures Fitting and Equipment: 25% at cost.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 November 2015
and 31 October 2016 34,920
DEPRECIATION
At 1 November 2015
and 31 October 2016 34,920
NET BOOK VALUE
At 31 October 2016 -
At 31 October 2015 -

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary £1 100 100

Page 3