Cleardawn Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04866490 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 August 2016

for

Cleardawn Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R Lowe

SECRETARY:

R Lowe

REGISTERED OFFICE:

34 St Anne Street

Liverpool

Merseyside

L3 3DS

REGISTERED NUMBER:

04866490 (England and Wales)

ACCOUNTANTS:

McEwan Wallace Limited

68 Argyle Street

Birkenhead

CH41 6AF

FIXED ASSETS

Tangible assets

2

500,000

500,000

CURRENT ASSETS

Cash at bank

14,541

4,252

CREDITORS

Amounts falling due within one year

122,192

121,900

NET CURRENT LIABILITIES

(107,651

)

(117,648

)

TOTAL ASSETS LESS CURRENT LIABILITIES

392,349

382,352

CAPITAL AND RESERVES

Called up share capital

3

400

400

Profit and loss account

391,949

381,952

SHAREHOLDERS' FUNDS

392,349

382,352

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2016 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 31 May 2017 and were signed by:

R Lowe - Director

1.	ACCOUNTING POLICIES

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 January 2015).

Tangible fixed assets

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

Freehold property

-

NIL

Turnover

Property investment turnover is recognised as the amount receivable from rental income.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 August 2016

500,000

NET BOOK VALUE

At 31 August 2016

500,000

At 31 August 2015

500,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

£

400

Ordinary

£1

400

400