Clarus Homes (Design & Build) Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 08311427 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 DECEMBER 2015 TO 31 DECEMBER 2016

FOR

Clarus Homes (Design & Build) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountants

5

DIRECTOR:

C D Dickens

SECRETARY:

Mrs C J Dickens

REGISTERED OFFICE:

The Estate Office

Dacliffe Industrial Estate,

Appledore Road, Woodchurch

Ashford

Kent

TN26 3TG

REGISTERED NUMBER:

08311427 (England and Wales)

ACCOUNTANTS:

KSAS Ltd

The Estate Office

Dacliffe Industrial Estate,

Appledore Road, Woodchurch

Ashford

Kent

TN26 3TG

FIXED ASSETS

Tangible assets

2

5,155

363

CURRENT ASSETS

Stocks

87,000

1,500

Debtors

168,284

-

Cash at bank and in hand

120,391

284

375,675

1,784

CREDITORS

Amounts falling due within one year

365,031

5,412

NET CURRENT ASSETS/(LIABILITIES)

10,644

(3,628

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

15,799

(3,265

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

15,699

(3,365

)

SHAREHOLDERS' FUNDS

15,799

(3,265

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 August 2017 and were signed by:

C D Dickens - Director

1.	ACCOUNTING POLICIES

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

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

425

Additions

4,995

At 31 December 2016

5,420

DEPRECIATION

At 1 December 2015

62

Charge for period

203

At 31 December 2016

265

NET BOOK VALUE

At 31 December 2016

5,155

At 30 November 2015

363

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 December 2016 and the

year ended 30 November 2015:

2016

2015

£

C D Dickens

Balance outstanding at start of period

-

Amounts advanced

28,114

-

Amounts repaid

(28,983

)

-

Balance outstanding at end of period

(869

)

-

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 31 December 2016 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

KSAS Ltd

The Estate Office

Dacliffe Industrial Estate,

Appledore Road, Woodchurch

Ashford

Kent

TN26 3TG

30 August 2017