Clockwork Analysis Ltd - Limited company accounts 11.4

REGISTERED NUMBER: SC453669 (Scotland)

Report of the Director and

Unaudited Financial Statements for the Period 1 August 2014 to 31 October 2014

for

Clockwork Analysis Ltd

Page

Company Information

1

Report of the Director

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

J Fleming

REGISTERED OFFICE:

Cowan & Partners Limited

60 Constitution Street

Leith

Edinburgh

Lothian

EH6 6RR

REGISTERED NUMBER:

SC453669 (Scotland)

ACCOUNTANTS:

Cowan & Partners Limited

60 Constitution Street

Edinburgh

EH6 6RR

The director presents his report with the financial statements of the company for the period 1 August 2014 to 31 October 2014.

CESSATION OF TRADING

The company ceased trading on 22 October 2014.

PRINCIPAL ACTIVITY

The principal activity of the company in the period under review was that of management consultancy services.

DIRECTOR

J Fleming held office during the whole of the period from 1 August 2014 to the date of this report.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

J Fleming - Director

2 December 2014

TURNOVER

9,240

85,072

Administrative expenses

1,185

5,010

OPERATING PROFIT and

PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION

2

8,055

80,062

Tax on profit on ordinary activities

3

1,611

16,012

PROFIT FOR THE FINANCIAL PERIOD

6,444

64,050

CURRENT ASSETS

Cash at bank

18,727

37,257

CREDITORS

Amounts falling due within one year

5

2,137

27,111

NET CURRENT ASSETS

16,590

10,146

TOTAL ASSETS LESS CURRENT LIABILITIES

16,590

10,146

CAPITAL AND RESERVES

Called up share capital

6

100

100

Profit and loss account

7

16,490

10,046

SHAREHOLDERS' FUNDS

16,590

10,146

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 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 financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the director on 2 December 2014 and were signed by:

J Fleming - 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 April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax. The company's policy is to recognise a sale

when the company obtains the right to consideration.

2.	OPERATING PROFIT

The operating profit is stated after charging:

Period

Period

1.8.14

2.7.13

to

to

31.10.14

31.7.14

£

£

Director's remuneration and other benefits etc

700

2,800

3.

TAXATION

Analysis of the tax charge

The tax charge on the profit on ordinary activities for the period was as follows:

Period

Period

1.8.14

2.7.13

to

to

31.10.14

31.7.14

£

£

Current tax:

UK corporation tax

1,611

16,012

Tax on profit on ordinary activities

1,611

16,012

4.

DIVIDENDS

Period

Period

1.8.14

2.7.13

to

to

31.10.14

31.7.14

£

£

Ordinary shares of £1 each

Final

-

34,529

Interim

-

19,475

-

54,004

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.14

31.7.14

£

£

Tax

1,611

16,012

Social security and other taxes

46

37

Directors' current accounts

-

9,540

Accrued expenses

480

1,522

2,137

27,111

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.14

31.7.14

value:

£

£

100

Ordinary

£1

100

100

7.

RESERVES

Profit

and loss

account

£

At 1 August 2014

10,046

Profit for the period

6,444

At 31 October 2014

16,490

8.	RELATED PARTY DISCLOSURES

J Fleming

During the year J. Fleming introduced £1,522 into and on cessation of trade withdrew £11,062 from the company. This is

interest free with no fixed repayment terms.

31.10.14

31.7.14

£

£

Amount due to related party at the balance sheet date

-

9,540

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J Fleming.