Clwyd Associates Ltd - Abbreviated accounts

Registered number

04645728

Clwyd Associates Ltd

Abbreviated Accounts

31 March 2014

Clwyd Associates Ltd

Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Clwyd Associates Ltd for the year ended 31 March 2014
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Clwyd Associates Ltd for the year ended 31 March 2014 which comprise of the balance sheet and the related notes 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, we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation.

Georgina Raffle
Chartered Accountants
Warringtons
Gelsmoor Road
Coleorton
Leics
LE67 8JF

24 November 2014

Clwyd Associates Ltd
Registered number:		04645728
Abbreviated Balance Sheet
as at 31 March 2014

Notes			2014			2013
£				£
Fixed assets
Tangible assets	2		2,941			3,478

Current assets
Debtors		40,536			41,885
Investments held as current assets		273,978			220,444
Cash at bank and in hand		209,952			138,706
		524,466			401,035

Creditors: amounts falling due within one year		(47,705)			(20,388)

Net current assets			476,761			380,647

Total assets less current liabilities			479,702			384,125

Creditors: amounts falling due after more than one year			-			(2,330)



Net assets			479,702			381,795

Capital and reserves
Called up share capital	3		7,785			7,785
Revaluation reserve			(908)			12,318
Profit and loss account			472,825			361,692

Shareholders' funds			479,702			381,795

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



G Kelly
Director
Approved by the board on 24 November 2014

Clwyd Associates Ltd
Notes to the Abbreviated Accounts
for the year ended 31 March 2014

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Computer and Electronic equipment			33% straight line
	Furniture and fittings			20% straight line


2	Tangible fixed assets					£

	Cost
	At 1 April 2013					10,901
	Additions					1,924
	Disposals					(228)
	At 31 March 2014					12,597

	Depreciation
	At 1 April 2013					7,424
	Charge for the year					2,346
	On disposals					(114)
	At 31 March 2014					9,656

	Net book value
	At 31 March 2014					2,941
	At 31 March 2013					3,476


3	Share capital	Nominal		2014		2014		2013
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		-		7,785		7,785