Clearbuild Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04175613 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

CLEARBUILD LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P B Adams

J D B Adams

Mrs R J Bryant

SECRETARY:

Mrs R J Bryant

REGISTERED OFFICE:

2 Hilliards Court

Chester Business Park

Chester

Cheshire

CH4 9PX

REGISTERED NUMBER:

04175613 (England and Wales)

ACCOUNTANTS:

McLintocks Partnership Limited

Chartered Accountants

2 Hilliards Court

Chester Business Park

Chester

Cheshire

CH4 9PX

BANKERS:

Barclays Bank PLC

30 St Werburgh Street

Chester

Cheshire

CH1 2DY

FIXED ASSETS

Investment property

2

184,115

184,115

CURRENT ASSETS

Debtors

4,543

1,152

Cash at bank and in hand

35,372

29,135

39,915

30,287

CREDITORS

Amounts falling due within one year

54,923

54,917

NET CURRENT LIABILITIES

(15,008

)

(24,630

)

TOTAL ASSETS LESS CURRENT LIABILITIES

169,107

159,485

CAPITAL AND RESERVES

Called up share capital

3

100

100

Revaluation reserve

35,888

35,888

Profit and loss account

133,119

123,497

SHAREHOLDERS' FUNDS

169,107

159,485

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 5 December 2016 and were signed on its behalf by:

Mrs R J Bryant - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as

modified by the revaluation of certain assets and in accordance with the Financial Reporting

Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents rents receivable, excluding value added tax.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit

arising from changes in market value is transferred to a revaluation reserve.

Deferred tax

Provision is made at current rates for taxation deferred in respect of any gain arising on the

revaluation of freehold investment properties, except to the extent that in the opinion of the

directors, there is a reasonable probability that the liability will not arise in the foreseeable

future.

2.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 April 2015

and 31 March 2016

184,115

NET BOOK VALUE

At 31 March 2016

184,115

At 31 March 2015

184,115

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100

4.	RELATED PARTY DISCLOSURES