Clearview Corporate Advisory Ltd - Accounts to registrar (filleted) - small 18.2
Clearview Corporate Advisory Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2018 |
| FOR |
| CLEARVIEW CORPORATE ADVISORY LTD |
| CLEARVIEW CORPORATE ADVISORY LTD (REGISTERED NUMBER: 07811648) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31 March 2018 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| CLEARVIEW CORPORATE ADVISORY LTD |
| COMPANY INFORMATION |
| for the Year Ended 31 March 2018 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Douglas Bank House |
| Wigan Lane |
| Wigan |
| Lancashire |
| WN1 2TB |
| CLEARVIEW CORPORATE ADVISORY LTD (REGISTERED NUMBER: 07811648) |
| STATEMENT OF FINANCIAL POSITION |
| 31 March 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| CLEARVIEW CORPORATE ADVISORY LTD (REGISTERED NUMBER: 07811648) |
| STATEMENT OF FINANCIAL POSITION - continued |
| 31 March 2018 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
| The financial statements were approved by the Board of Directors on by: |
| CLEARVIEW CORPORATE ADVISORY LTD (REGISTERED NUMBER: 07811648) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31 March 2018 |
| 1. | STATUTORY INFORMATION |
| Clearview Corporate Advisory Ltd is a |
| 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 |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Tangible fixed assets are recorded at cost, less depreciation and impairment. |
| Impairment of assets |
| At each reporting date assets are reviewed to determine whether there is any indication that those assets have |
| suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any |
| affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, |
| the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised |
| immediately in the profit and loss. |
| Where an impairment loss subsequently reverses, the carrying amount of each asset is increased to the revised |
| estimate of its recoverable amount, to the extent that the increased carrying amount does not exceed the carrying |
| amount that would have been determined (net of depreciation) had no impairment loss been recognised for the |
| asset in prior years. A reversal of an impairment loss is recognised as income immediately. |
| Financial instruments |
| Trade and other debtors are initially recognised at the transaction price and thereafter stated at amortised cost |
| using effective interest method, less impairment losses for bad and doubtful debts except where the effect of |
| discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad |
| and doubtful debts. |
| Short term trade creditors are measured at transaction price. Financial liabilities that have no stated interest rate |
| and are payable within one year shall be measured at the undiscounted amount due. |
| 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 statement of financial position date. |
| CLEARVIEW CORPORATE ADVISORY LTD (REGISTERED NUMBER: 07811648) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 March 2018 |
| 2. | ACCOUNTING POLICIES - continued |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| statement of financial position 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. |
| Short term employee benefits |
| Short-term employee benefits are recognised as an expense in the period in which they are incurred. |
| The company operates a defined contribution pension scheme. Contributions payable for the year are charged in |
| the income statement. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and |
| machinery | fittings | Totals |
| £ | £ | £ |
| COST |
| At 1 April 2017 |
| Additions |
| At 31 March 2018 |
| DEPRECIATION |
| At 1 April 2017 |
| Charge for year |
| At 31 March 2018 |
| NET BOOK VALUE |
| At 31 March 2018 |
| At 31 March 2017 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Other debtors |
| CLEARVIEW CORPORATE ADVISORY LTD (REGISTERED NUMBER: 07811648) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 March 2018 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Corporation Tax |
| Social security and other taxes |
| Other creditors |
| Directors' current accounts | 209 | 22,565 |
| Accrued expenses |