Company Registration No. 12633964 (England and Wales)
Clarus Homes (Little Hookstead) Limited
Unaudited accounts
for the period from 30 May 2020 to 31 December 2020
Clarus Homes (Little Hookstead) Limited
Unaudited accounts
Contents
Clarus Homes (Little Hookstead) Limited
Company Information
for the period from 30 May 2020 to 31 December 2020
Company Number
12633964 (England and Wales)
Registered Office
Suites 5 & 6
The Thorne Business Park
Bethersden, Ashford
Kent
TN26 3AF
England
Accountants
Southern Accounting Limited
24 Halden Field
Rolvenden
Cranbrook
Kent
TN17 4BX
Clarus Homes (Little Hookstead) Limited
Statement of financial position
as at
31 December 2020
Cash at bank and in hand
(31)
Creditors: amounts falling due within one year
(191,147)
Net current assets
930,528
Total assets less current liabilities
930,528
Creditors: amounts falling due after more than one year
(931,112)
Called up share capital
1
Profit and loss account
(585)
Shareholders' funds
(584)
For the period ending 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 September 2021 and were signed on its behalf by
Mr C Dickens
Director
Company Registration No. 12633964
Clarus Homes (Little Hookstead) Limited
Notes to the Accounts
for the period from 30 May 2020 to 31 December 2020
Clarus Homes (Little Hookstead) Limited is a private company, limited by shares, registered in England and Wales, registration number 12633964. The registered office is Suites 5 & 6, The Thorne Business Park, Bethersden, Ashford, Kent, TN26 3AF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Inventory is comprised of work in progress. Work in progress is made up of the cost of the land being built on, direct materials, labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition.
Inventories are stated at the lower of cost and net realisable value (NRV), NRV being the estimated net selling price less costs to sell and estimated total costs of completion based on management's forecast.
Revenue is recognised in the income statement when the significant risks and rewards of ownership have transferred to the purchaser, which is when legal title is transferred.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Debtors: amounts falling due within one year
2020
5
Creditors: amounts falling due within one year
2020
Amounts owed to group undertakings and other participating interests
185,234
Clarus Homes (Little Hookstead) Limited
Notes to the Accounts
for the period from 30 May 2020 to 31 December 2020
6
Creditors: amounts falling due after more than one year
2020
7
Average number of employees
During the period the average number of employees was 1.