CADMUSS_LIMITED - Accounts
CADMUSS_LIMITED - Accounts
Company Registration No. 08161074 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2014
CONTENTS
Page
Accountants' report
1
Abbreviated balance sheet
2
Notes to the abbreviated accounts
3 - 4
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CADMUSS LIMITED FOR THE YEAR ENDED 31 JULY 2014
- 1 -
The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 4 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 Cadmuss Limited for the year ended 31 July 2014 set out on pages 3 to 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Cadmuss Limited, as a body, in accordance with the terms of our engagement letter dated 6 March 2013. Our work has been undertaken solely to prepare for your approval the financial statements of Cadmuss Limited and state those matters that we have agreed to state to the Board of Directors of Cadmuss Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cadmuss Limited and it's Board of Directors as a body, for our work or for this report.
It is your duty to ensure that Cadmuss 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 profit of Cadmuss Limited. You consider that Cadmuss 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 Cadmuss 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.
Gerald Edelman
Chartered Accountants
ABBREVIATED BALANCE SHEET
AS AT
31 JULY 2014
- 2 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(60,830 )
(70,383 )
Net current assets
Total assets less current liabilities
Capital and reserves
Called up share capital
3
Profit and loss account
Shareholders' funds
Directors' responsibilities:
-
-
Approved by the Board for issue on 11 February 2015
Director
Company Registration No. 08161074
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2014
- 3 -
1
Accounting policies
1.1
Accounting convention
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Revenue is recognised as earned when, and to the extent that, the firm obtains the right to consideration in exchange for its performance.
1.4
Tangible fixed assets and depreciation
Fixtures, fittings & equipment
2
Fixed assets
Tangible assets
£
Cost
At 1 August 2013
1,060
Additions
95
At 31 July 2014
1,155
Depreciation
At 1 August 2013
265
Charge for the year
222
At 31 July 2014
487
Net book value
At 31 July 2014
668
At 31 July 2013
795
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2014
- 4 -
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid