CLEAR SPILL LTD | ||||
ABBREVIATED UNAUDITED ACCOUNTS | ||||
FOR THE YEAR ENDED 31 JULY 2016 | ||||
INDEX TO THE ACCOUNTS | ||||
Pages | ||||
1 | Abbreviated Balance Sheet | |||
2-4 | Notes to the Abbreviated Accounts | |||
|
|||||
Company registered number: |
|||||
ABBREVIATED BALANCE SHEET | |||||
AT |
|||||
Note | 2016 | 2015 | |||
£ | £ | £ | |||
FIXED ASSETS | |||||
Tangible Assets | 2 |
|
|
||
CURRENT ASSETS | |||||
Stock | 1c |
|
|
||
Debtors falling due within one year |
|
|
|||
Cash at bank and in hand |
|
|
|||
|
|
||||
CREDITORS: Amounts falling due within one year |
|
|
|||
NET CURRENT ASSETS |
|
|
|||
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|||
CREDITORS: Amounts falling due after more than one year | ( |
( |
|||
Provisions for Liabilities | ( |
( |
|||
NET ASSETS | £ |
£ |
|||
CAPITAL AND RESERVES | |||||
Called up share capital | 4 |
|
|
||
Revaluation reserve | 1h, 5 |
|
|
||
Profit and loss account |
|
|
|||
SHAREHOLDERS' FUNDS | £ |
£ |
|||
In approving these financial statements as directors of the company we hereby confirm the following: | ||||
|
||||
Directors' responsibilities: | ||||
|
||||
|
||||
|
||||
These abbreviated accounts were approved by the board of directors on |
||||
|
The notes on pages 2 to 4 form part of these accounts | |
page 1 | |
NOTES TO THE ABBREVIATED ACCOUNTS | |||
FOR THE YEAR ENDED 31 JULY 2016 |
1. | ACCOUNTING POLICIES |
1a. | Basis of accounting | |
|
1b. | Tangible fixed assets | |||
|
||||
Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. | ||||
Freehold buildings |
|
|||
Plant and machinery |
|
|||
Vehicles |
|
|||
Fixtures and fittings |
|
1c. | Stocks | ||
|
1d. | Taxation | ||
|
|||
1e. | Pensions | ||
|
1f. | Turnover | ||
|
page 2 | |
CLEAR SPILL LTD | |||
NOTES TO THE ABBREVIATED ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 JULY 2016 |
1. | ACCOUNTING POLICIES (CONT.) |
1g. | Leasing and hire purchase contracts | |
|
||
|
1h. | Revaluation reserve | ||
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributable reserve known as the revaluation reserve (see also note 5). | |||
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account. |
2. | TANGIBLE FIXED ASSETS | 2016 | 2015 |
£ | £ | ||
Cost | |||
At 1 August 2015 |
|
1,110,728 | |
Additions |
|
|
|
Disposals |
|
( |
|
At 31 July 2016 |
|
|
|
Depreciation | |||
At 1 August 2015 |
|
572,720 | |
Disposals |
|
( |
|
For the year |
|
|
|
At 31 July 2016 |
|
|
|
Net Book Amounts | |||
At 31 July 2016 | £ |
£ |
|
page 3 | |
CLEAR SPILL LTD | |||
NOTES TO THE ABBREVIATED ACCOUNTS (CONT.) | |||
FOR THE YEAR ENDED 31 JULY 2016 |
3. | CREDITORS | ||
2016 | 2015 | ||
£ | £ | ||
Creditors include the following amounts of secured liabilities: | |||
Due within one year | 16,694 | 18,136 | |
Due after more than one year | 47,201 | 62,510 | |
4. | SHARE CAPITAL | 2016 | 2015 |
£ | £ | ||
Allotted, issued and fully paid: | |||
|
£ |
£ |
|
5. | REVALUATION RESERVE | 2016 | 2015 |
£ | £ | ||
Revaluation reserve b/f:L&B | £419,099 | £422,849 | |
Tfr of reval'n reserve to P&L:L&B | £- | £(3,750) | |
6. | RELATED PARTIES | ||
The company is controlled by Mr H J Boulting and Mrs A Boulting | |||
page 4 |