Claro Research Limited - Limited company - abbreviated - 11.6
Claro Research Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST MAY 2014 |
| FOR |
| CLARO RESEARCH LIMITED |
| CLARO RESEARCH LIMITED (REGISTERED NUMBER: 05672036) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31ST MAY 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| CLARO RESEARCH LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31ST MAY 2014 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| CLARO RESEARCH LIMITED (REGISTERED NUMBER: 05672036) |
| ABBREVIATED BALANCE SHEET |
| 31ST MAY 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Work in Progress |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Capital redemption reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 were approved by the director on |
| CLARO RESEARCH LIMITED (REGISTERED NUMBER: 05672036) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31ST MAY 2014 |
| 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 April 2008). |
| Turnover |
| Turnover represents net sales of services and are net of value added tax. |
| Income is recognised once the relevant stage of service has been completed and where it is probable that cash |
| will be received. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Computer equipment | - |
| An impairment review of all categories of asset was undertaken in the year and items were written down as |
| deemed appropriate. |
| 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. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to the profit and loss account in the period to which they relate. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st June 2013 |
| Additions |
| At 31st May 2014 |
| DEPRECIATION |
| At 1st June 2013 |
| Charge for year |
| At 31st May 2014 |
| NET BOOK VALUE |
| At 31st May 2014 |
| At 31st May 2013 |
| CLARO RESEARCH LIMITED (REGISTERED NUMBER: 05672036) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31ST MAY 2014 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| A Ordinary | £1 |
| NIL | B Ordinary | £1 |
| NIL | C Ordinary | £1 |
| D Ordinary | £1 |
| NIL | E Ordinary | £1 | - | 2 |
| NIL | F Ordinary | £1 | - | 2 |
| 4 | 12 |
| 4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| During the year under review the directors made transactions with the company. |
| The company made advances totalling £9,180 (2013 - £5,779) and this was offset by credits totalling £16,920 |
| (2013 - £5,779). |
| At the year end, the amount owed to the director was £7,338 (2013 - £402 owed by the director) and this is |
| included within other creditors (2013 - other debtors). |
| These balances have no interest charged thereon. |
| There are no conditions attached to advances to the directors, however, the directors must ensure that this is not |
| detrimental to the company. |
| 5. | ULTIMATE CONTROLLING PARTY |
| The company is controlled by its Directors, by virtue of their 100% shareholding. |