A.& R.Clements(Investments)limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00729943 (England and Wales)

Unaudited Financial Statements for the Year Ended 5 April 2018

for

A.& R.Clements(Investments)limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G E Austin

C Austin

Ms B M Ross

REGISTERED OFFICE:

16 Craigmount,

Radlett

Hertfordshire

WD7 7LW

REGISTERED NUMBER:

00729943 (England and Wales)

ACCOUNTANTS:

WILSHERS & CO

10-11 Heathfield Terrace

London

W4 4JE

FIXED ASSETS

Investment property

4

140,000

CURRENT ASSETS

Cash at bank

4,004

4,024

CREDITORS

Amounts falling due within one year

5

5,878

6,481

NET CURRENT LIABILITIES

(1,874

)

(2,457

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

138,126

137,543

PROVISIONS FOR LIABILITIES

26,656

NET ASSETS

111,470

110,887

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings unrealised

6

106,625

Retained earnings

4,745

4,162

SHAREHOLDERS' FUNDS

111,470

110,887

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 31 July 2018 and were signed on its behalf by:

G E Austin - Director

1.	STATUTORY INFORMATION

A.& R.Clements(Investments)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 as modified by the revaluation of certain assets.

Turnover

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

value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

fair value is recognised in profit or loss.

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 balance sheet date.

Deferred tax

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

sheet 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 NIL (2017 - 1 ).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 6 April 2017

and 5 April 2018

140,000

NET BOOK VALUE

At 5 April 2018

140,000

At 5 April 2017

140,000

Fair value at 5 April 2018 is represented by:

£

Valuation in 2012

133,282

Cost

6,718

140,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

Trade creditors

2,169

Taxation and social security

2,098

3,658

Other creditors

1,611

654

5,878

6,481

6.

RESERVES

Retained

earnings

unrealised

£

At 6 April 2017

and 5 April 2018

106,625