Clober Construction Ltd - Accounts to registrar (filleted) - small 18.2

Clober Construction Ltd - Accounts to registrar (filleted) - small 18.2


IRIS Accounts Production v20.1.0.635 SC527395 director 1.3.19 29.2.20 29.2.20 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC5273952019-02-28SC5273952020-02-29SC5273952019-03-012020-02-29SC5273952018-02-28SC5273952018-03-012019-02-28SC5273952019-02-28SC527395ns16:Scotland2019-03-012020-02-29SC527395ns15:PoundSterling2019-03-012020-02-29SC527395ns11:Director12019-03-012020-02-29SC527395ns11:PrivateLimitedCompanyLtd2019-03-012020-02-29SC527395ns11:SmallEntities2019-03-012020-02-29SC527395ns11:AuditExempt-NoAccountantsReport2019-03-012020-02-29SC527395ns11:SmallCompaniesRegimeForDirectorsReport2019-03-012020-02-29SC527395ns11:SmallCompaniesRegimeForAccounts2019-03-012020-02-29SC527395ns11:AbridgedAccounts2019-03-012020-02-29SC527395ns6:CurrentFinancialInstruments2020-02-29SC527395ns6:CurrentFinancialInstruments2019-02-28SC527395ns6:Non-currentFinancialInstruments2020-02-29SC527395ns6:Non-currentFinancialInstruments2019-02-28SC527395ns6:ShareCapital2020-02-29SC527395ns6:ShareCapital2019-02-28SC527395ns6:RetainedEarningsAccumulatedLosses2020-02-29SC527395ns6:RetainedEarningsAccumulatedLosses2019-02-28
REGISTERED NUMBER: SC527395 (Scotland)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2020

FOR

CLOBER CONSTRUCTION LTD

CLOBER CONSTRUCTION LTD (REGISTERED NUMBER: SC527395)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 29 February 2020




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


CLOBER CONSTRUCTION LTD (REGISTERED NUMBER: SC527395)

ABRIDGED BALANCE SHEET
29 February 2020

29.2.20 28.2.19
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 34,853 14,903

CURRENT ASSETS
Stocks 15,000 15,000
Cash at bank 41,644 23,753
56,644 38,753
CREDITORS
Amounts falling due within one year 21,688 24,797
NET CURRENT ASSETS 34,956 13,956
TOTAL ASSETS LESS CURRENT
LIABILITIES

69,809

28,859

CREDITORS
Amounts falling due after more than one
year

16,491

-
NET ASSETS 53,318 28,859

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 53,316 28,857
SHAREHOLDERS' FUNDS 53,318 28,859

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 29 February 2020 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

CLOBER CONSTRUCTION LTD (REGISTERED NUMBER: SC527395)

ABRIDGED BALANCE SHEET - continued
29 February 2020



The financial statements were approved by the director and authorised for issue on 28 July 2020 and were signed by:





JT MacMillan - Director


CLOBER CONSTRUCTION LTD (REGISTERED NUMBER: SC527395)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 29 February 2020

1. STATUTORY INFORMATION

Clober Construction Ltd is a private company, limited by shares , registered in Scotland. The company's
registered number and registered office address are as below:

Registered number: SC527395

Registered office: 22 Backbrae Street
Kilsyth
Glasgow
G65 0NH

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover and revenue recognition
Turnover represents net invoiced sales of domestic construction services, excluding VAT. Revenue is recognised
when goods and services are provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

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 balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2019 - 3 ) .

CLOBER CONSTRUCTION LTD (REGISTERED NUMBER: SC527395)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 February 2020

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2019 17,996
Additions 28,411
At 29 February 2020 46,407
DEPRECIATION
At 1 March 2019 3,093
Charge for year 8,461
At 29 February 2020 11,554
NET BOOK VALUE
At 29 February 2020 34,853
At 28 February 2019 14,903