REGISTERED NUMBER: 06497632 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

A & R CLARKE LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

R S Clarke

Mrs A S Clarke

SECRETARY:

Mrs A S Clarke

REGISTERED OFFICE:

Georgian House

34 Thoroughfare

Halesworth

Suffolk

IP19 8AP

REGISTERED NUMBER:

06497632 (England and Wales)

ACCOUNTANTS:

van Dijk Accountants Limited

Georgian House

34 Thoroughfare

Halesworth

Suffolk

IP19 8AP

FIXED ASSETS

Intangible assets

4

13,859

15,256

Tangible assets

5

8,579

11,011

22,438

26,267

CURRENT ASSETS

Stocks

600

600

Debtors

6

16,264

13,812

Cash at bank

698

9,158

17,562

23,570

CREDITORS

Amounts falling due within one year

7

36,173

32,033

NET CURRENT LIABILITIES

(18,611

)

(8,463

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,827

17,804

CREDITORS

Amounts falling due after more than one year

8

-

(3,974

)

PROVISIONS FOR LIABILITIES

(1,630

)

(2,202

)

NET ASSETS

2,197

11,628

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,097

11,528

SHAREHOLDERS' FUNDS

2,197

11,628

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 10 December 2018 and were signed on its behalf by:

R S Clarke - Director

1.	STATUTORY INFORMATION

A & R Clarke Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the statement of financial position date.

Deferred tax

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

statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws

that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal

of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that

they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2017

and 31 March 2018

27,945

AMORTISATION

At 1 April 2017

12,689

Charge for year

1,397

At 31 March 2018

14,086

NET BOOK VALUE

At 31 March 2018

13,859

At 31 March 2017

15,256

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2017

9,109

419

19,713

2,612

31,853

Additions

151

-

-

-

151

At 31 March 2018

9,260

419

19,713

2,612

32,004

DEPRECIATION

At 1 April 2017

7,199

200

11,396

2,047

20,842

Charge for year

358

33

2,079

113

2,583

At 31 March 2018

7,557

233

13,475

2,160

23,425

NET BOOK VALUE

At 31 March 2018

1,703

186

6,238

452

8,579

At 31 March 2017

1,910

219

8,317

565

11,011

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

16,264

13,812

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Bank loans and overdrafts

3,501

-

Hire purchase contracts

3,984

3,994

Trade creditors

793

1,025

Tax

14,027

12,683

Social security and other taxes

-

751

VAT

11,926

9,947

Other creditors

-

3,596

Directors' current accounts

1,942

37

36,173

32,033

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.18

31.3.17

£

£

Hire purchase contracts

-

3,974

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a

Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary

statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 March 2018 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

van Dijk Accountants Limited

Georgian House

34 Thoroughfare

Halesworth

Suffolk

IP19 8AP

10 December 2018