05608480 1.12.14 30.11.15 30.11.15 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure056084802014-11-30056084802015-11-30056084802014-12-012015-11-30056084802013-11-30056084802013-12-012014-11-30056084802014-11-3005608480ns12:England2014-12-012015-11-3005608480ns14:PoundSterling2014-12-012015-11-3005608480ns7:Director12014-12-012015-11-3005608480ns7:Director22014-12-012015-11-3005608480ns7:OrdinaryShareClass12014-12-012015-11-3005608480ns7:CompanySecretary2014-12-012015-11-3005608480ns7:RegisteredOffice2014-12-012015-11-3005608480ns7:EntityAccountantsOrAuditors2014-12-012015-11-3005608480ns5:LandBuildings2014-12-012015-11-3005608480ns5:PlantMachinery2014-12-012015-11-3005608480ns7:OrdinaryShareClass12015-11-3005608480ns7:OrdinaryShareClass12014-11-3005608480ns7:Director12014-11-3005608480ns7:Director12013-11-3005608480ns7:Director12013-12-012014-11-3005608480ns7:Director12015-11-3005608480ns7:Director12014-11-30
REGISTERED NUMBER: 05608480 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2015

FOR

CLEAR-A-SPACE LIMITED
CLEAR-A-SPACE LIMITED (REGISTERED NUMBER: 05608480)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2015










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Certified Accountants' Report 7
CLEAR-A-SPACE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2015







DIRECTORS: Mr W J Russell
Mr C W Russell





SECRETARY: Mrs S L Russell





REGISTERED OFFICE: 2 Armitage Court Cottages
St Marys Hill
Ascot
Berkshire
SL5 9AU





REGISTERED NUMBER: 05608480 (England and Wales)





ACCOUNTANTS: Ford Bentall LLP
Chartered Certified Accountants
60 High Street
Chobham
Surrey
GU24 8AA
CLEAR-A-SPACE LIMITED (REGISTERED NUMBER: 05608480)

ABBREVIATED BALANCE SHEET
30 NOVEMBER 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 843,857 800,590

CURRENT ASSETS
Debtors 3 197,185 190,694
Cash at bank 7,310 1,633
204,495 192,327
CREDITORS
Amounts falling due within one year 4 419,803 396,722
NET CURRENT LIABILITIES (215,308 ) (204,395 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

628,549

596,195

CREDITORS
Amounts falling due after more than one
year

4

(678,662

)

(644,218

)

PROVISIONS FOR LIABILITIES (14,728 ) (8,659 )
NET LIABILITIES (64,841 ) (56,682 )

CAPITAL AND RESERVES
Called up share capital 5 2 2
Revaluation reserve 45,457 45,457
Profit and loss account (110,300 ) (102,141 )
SHAREHOLDERS' FUNDS (64,841 ) (56,682 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2015 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.
CLEAR-A-SPACE LIMITED (REGISTERED NUMBER: 05608480)

ABBREVIATED BALANCE SHEET - continued
30 NOVEMBER 2015


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 21 November 2016 and were signed on
its behalf by:




Mr C W Russell - Director



Mr W J Russell - Director

CLEAR-A-SPACE LIMITED (REGISTERED NUMBER: 05608480)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2015


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The directors have considered the going concern position of the company for a period of not less than
12 months from the date of signing this report. At 30 November 2015 the company had net liabilities of
£64,841 ( 2014: £56,682). The directors believe that the next 12 months will be profitable and that it will
continue to receive financial support from its directors of £250,000.Therefore these financial
statements are prepared under the going concern basis.

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 the provision of removal and transportation services during the year, exclusive of
value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings - 2% on cost
Motor Vehicles - 33% on cost, 25% on reducing balance and 20% on cost

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.
Those held under hire purchase contracts are depreciated over their estimated useful lives. Those
held under finance leases are depreciated over their estimated useful lives or the lease term,
whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant
period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis
over the period of the lease.
CLEAR-A-SPACE LIMITED (REGISTERED NUMBER: 05608480)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2015


2. TANGIBLE FIXED ASSETS
Total
£   
COST OR VALUATION
At 1 December 2014 960,881
Additions 96,123
At 30 November 2015 1,057,004
DEPRECIATION
At 1 December 2014 160,291
Charge for year 52,856
At 30 November 2015 213,147
NET BOOK VALUE
At 30 November 2015 843,857
At 30 November 2014 800,590

3. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 5,040

4. CREDITORS

Creditors include an amount of £ 389,434 (2014 - £ 402,116 ) for which security has been given.

They also include the following debts falling due in more than five years:

2015 2014
£    £   
Repayable by instalments 321,777 337,853

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
2 Ordinary £1 2 2
CLEAR-A-SPACE LIMITED (REGISTERED NUMBER: 05608480)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2015


6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2015
and 30 November 2014:

2015 2014
£    £   
Mr C W Russell
Balance outstanding at start of year - -
Amounts advanced 20,159 -
Amounts repaid - -
Balance outstanding at end of year 20,159 -
CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CLEAR-A-SPACE LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's
annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on
pages two to six) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval
the financial statements of Clear-a-Space Limited for the year ended 30 November 2015 which comprise the
Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records
and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Clear-a-Space Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Clear-a-Space Limited and state those matters that we have agreed to state to the Board of Directors of Clear-a-Space Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Clear-a-Space Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Clear-a-Space Limited. You consider that Clear-a-Space Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Clear-a-Space Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Ford Bentall LLP
Chartered Certified Accountants
60 High Street
Chobham
Surrey
GU24 8AA


30 November 2016

Options

Monitor

  • Receive an alert email on changes to financial status
  • Early indications of liquidity problems
  • Warns when company reporting is overdue
  • Free service, no spam emails
Monitor Now

Please Help Us!

Was this document useful to you? Please Like our page. The more Likes we get, the more documents we can supply you free. Thanks.