Registered Number 05567212

CLEARFLEAU LIMITED

Abbreviated Accounts

31 December 2012

CLEARFLEAU LIMITED Registered Number 05567212

Abbreviated Balance Sheet as at 31 December 2012

Notes 2012 2011
£ £
Fixed assets
Tangible assets 2 198,565 242,553
198,565 242,553
Current assets
Debtors 914,004 906,078
Cash at bank and in hand 131,003 1,244,903
1,045,007 2,150,981
Creditors: amounts falling due within one year (991,127) (1,642,136)
Net current assets (liabilities) 53,880 508,845
Total assets less current liabilities 252,445 751,398
Total net assets (liabilities) 252,445 751,398
Capital and reserves
Called up share capital 195,272 195,272
Share premium account 1,047,917 1,047,917
Profit and loss account (990,744) (491,791)
Shareholders' funds 252,445 751,398
  • For the year ending 31 December 2012 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 3 June 2013

And signed on their behalf by:
AD Gover, Director
C Chapman, Director

CLEARFLEAU LIMITED Registered Number 05567212

Notes to the Abbreviated Accounts for the period ended 31 December 2012

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover represents amounts invoiced during the period exclusive of vat.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Vehicles 20% straight line
Plant 10% straight line

Other accounting policies
Fees in the sum of £20,000 (2011 - £9,853) were paid during the year to Aplen Limited, a company controlled by Dr I A Mackenzie, for technical services of Dr IA Mackenzie who was also a director of the company.

2Tangible fixed assets
£
Cost
At 1 January 2012 345,222
Additions 3,598
Disposals (11,430)
Revaluations -
Transfers -
At 31 December 2012 337,390
Depreciation
At 1 January 2012 102,669
Charge for the year 36,156
On disposals -
At 31 December 2012 138,825
Net book values
At 31 December 2012 198,565
At 31 December 2011 242,553