Clan Commercial Services Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 08818298 (England and Wales)

Financial Statements for the Year Ended 31 January 2018

for

Clan Commercial Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S M Dunscombe

REGISTERED OFFICE:

Abbey House

Clarendon Road

Redhill

Surrey

RH1 1QZ

REGISTERED NUMBER:

08818298 (England and Wales)

ACCOUNTANTS:

LJP Accounting Ltd

Barn Studios

Gaterounds

Parkgate Road

Newdigate

Surrey

RH5 5AJ

CURRENT ASSETS

Debtors

4

10,470

2,628

Cash at bank

8,218

12,303

18,688

14,931

CREDITORS

Amounts falling due within one year

5

19,659

19,162

NET CURRENT LIABILITIES

(971

)

(4,231

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(971

)

(4,231

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(972

)

(4,232

)

SHAREHOLDERS' FUNDS

(971

)

(4,231

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 18 October 2018 and were signed by:

S M Dunscombe - Director

1.	STATUTORY INFORMATION

Clan Commercial Services Limited is a private company, limited by shares , registered in England and Wales.

The company's registered number and registered office address can be found on the Company Information

page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws

that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal

of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern

These financial statements have been prepared on a going concern basis. The company is dependent on the

support of the director. The director has confirmed that she will continue to support the company and therefore

the going concern basis is believed to be appropriate. The financial statements do not include any adjustment

that might be necessary if the support were withdrawn.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

5,574

2,015

Amounts owed by group undertakings

1

1

Other debtors

4,895

612

10,470

2,628

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

5,668

13,142

Taxation and social security

1,114

-

Other creditors

12,877

6,020

19,659

19,162

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S M Dunscombe.