Clem Limited - Limited company - abbreviated - 11.6

CLEM LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P M Serrell

SECRETARY:

Mrs B Serrell

REGISTERED OFFICE:

Oakmoore Court

Kingswood Road

Hampton Lovett

Droitwich Spa

Worcestershire

WR9 0QH

REGISTERED NUMBER:

02167539 (England and Wales)

ACCOUNTANTS:

Ballard Dale Syree Watson LLP

11c Kingswood Road

Hampton Lovett

Droitwich

Worcestershire

WR9 0QH

CURRENT ASSETS

Debtors

2

2

Cash at bank

5,313

4,993

5,315

4,995

CREDITORS

Amounts falling due within one year

7,907

7,467

NET CURRENT LIABILITIES

(2,592

)

(2,472

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,592

)

(2,472

)

CAPITAL AND RESERVES

Called up share capital

2

2

2

Profit and loss account

(2,594

)

(2,474

)

SHAREHOLDERS' FUNDS

(2,592

)

(2,472

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 9 September 2015 and were signed by:

P M Serrell - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The company is considered to be a going concern for a period of twelve months from the approval

date of these accounts, due to the continued support from it's director.

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).

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary shares

£1

2

2

3.	CONTROLLING INTEREST

The company was considered to be controlled throughout the current and previous period by its

director by virtue of his shareholding in the business.