M A Clark Limited,Ltd - AccountsLtd - Accounts

M A Clark Limited,Ltd - AccountsLtd - Accounts

M A CLARK LIMITED - Company Information

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2016-11-01 04467130 2017-10-31 04467130 2016-11-01 2017-10-31 04467130 2016-10-31 04467130 2015-11-01 2016-10-31 04467130 uk-core:WithinOneYear 2016-10-31 04467130 uk-core:WithinOneYear 2017-10-31 04467130 uk-core:ShareCapital 2017-10-31 04467130 uk-core:ShareCapital 2016-10-31 04467130 uk-core:RetainedEarningsAccumulatedLosses 2017-10-31 04467130 uk-core:RetainedEarningsAccumulatedLosses 2016-10-31 04467130 uk-bus:Director1 2016-11-01 2017-10-31 04467130 uk-core:PlantMachinery 2016-11-01 2017-10-31 04467130 uk-core:CommercialMotorVehicles 2016-11-01 2017-10-31 04467130 uk-core:CommercialMotorVehicles 2016-10-31 04467130 uk-core:PlantMachinery 2016-10-31 04467130 uk-core:PlantMachinery 2017-10-31 04467130 uk-core:CommercialMotorVehicles 2017-10-31 iso4217:GBP 04467130 uk-bus:AuditExemptWithAccountantsReport 2016-11-01 2017-10-31 04467130 uk-bus:FRS102 2016-11-01 2017-10-31 04467130 uk-bus:FullAccounts 2016-11-01 2017-10-31 04467130 uk-bus:PrivateLimitedCompanyLtd 2016-11-01 2017-10-31
Draft
M A Clark Limited
Registered Number:04467130
For the year ended 31 October 2017
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 31 October 2017
M A Clark Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
As at 31 October 2017
M A Clark Limited
Statement of Financial Position
Registered Number :
04467130
£
£
2016
2017
Notes
Fixed assets
Property, plant and equipment
903
1,205
2
903
1,205
Current assets
Trade and other receivables
1,040
3,025
3
10,473
Cash and cash equivalents
25,686
28,711
11,513
Trade and other payables: amounts falling due within one
year
(12,191)
(23,472)
4
(678)
5,239
Net current assets
Total assets less current liabilities
6,142
527
6,142
Net assets
527
Capital and reserves
Called up share capital
1
1
Retained earnings
6,141
526
6,142
527
Shareholders' funds
For the year ended 31 October 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
M A Clark Director
These financial statements were approved and authorised for issue by the Board on 23 November 2017 and were signed by:
The notes form part of these financial statements
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4
Draft
For the year ended 31 October 2017
M A Clark Limited
Notes to the Financial Statements
Statutory Information
M A Clark Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04467130.
Registered address:
29 Bath Road
Peasedown St John
Bath
BA2 8DJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Reducing balance
25% Reducing balance
Motor vehicles
2. Property, plant and equipment
Total
Motor vehicles
Plant and
machinery
£
£
£
Cost or
valuation
At 01 November 2016
10,497
8,807
1,690
At 31 October 2017
1,690
8,807
10,497
Provision for depreciation and impairment
At 01 November 2016
9,292
7,632
1,660
Charge for year
302
294
8
At 31 October 2017
9,594
7,926
1,668
At 31 October 2017
Net book value
22
881
903
At 31 October 2016
30
1,175
1,205
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5
Draft
For the year ended 31 October 2017
M A Clark Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2016
2017
£
£
Trade debtors
3,025
1,040
4. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Trade creditors
-
131
Taxation and social security
2,737
-
Other creditors
20,735
12,060
23,472
12,191
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