Company Registration No. 10863286 (England and Wales)
CLEARSTONE ONE LIMITED
ANNUAL REPORT AND UNAUDITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
30 SEPTEMBER 2018
PAGES FOR FILING WITH REGISTRAR
TWP Accounting LLP
Chartered Accountants
The Old Rectory
Church Street
Weybridge
Surrey
KT13 8DE
CLEARSTONE ONE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2
CLEARSTONE ONE LIMITED
Company Registration No. 10863286
BALANCE SHEET
AS AT
30 SEPTEMBER 2018
30 September 2018
- 1 -
2018
Notes
£
£
Current assets
Cash at bank and in hand
76
Creditors: amounts falling due within one year
2
(840)
Net current liabilities
(764)
Capital and reserves
Called up share capital
3
100
Profit and loss reserves
(864)
Total equity
(764)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial Period ended 30 September 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 11 April 2019 and are signed on its behalf by:
B Pratt
Director
CLEARSTONE ONE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2018
- 2 -
1
Accounting policies
Company information
Clearstone One Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
42 Redchurch Street, London, England, United Kingdom, E2 7DP.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention
.
The principal accounting policies adopted are set out below.
1.2
Going concern
The company has net loss of £864 and net current liabilities of £764. The directors have confirmed that they will continue to support the company for the foreseeable future and are confident about the company's ability to trade as a going concern. Therefore, the accounts have been prepared on the going concern basis.
1.3
Reporting period
The company was incorporated on 12 July 2017 and the first accounting period was from incorporation date to 30 September 2018.
2
Creditors: amounts falling due within one year
2018
£
Other creditors
840
840
3
Called up share capital
2018
£
Ordinary share capital
Issued and fully paid
100 Ordinary shares of £1 each
100
100
4
Parent company
The ultimate parent undertaking
is Clearstone Energy Limited
, there is no sole controlling party.