Cema Site Installations Limited 31/12/2018 iXBRL

Cema Site Installations Limited 31/12/2018 iXBRL

CEMA SITE INSTALLATIONS LIMITED - Company Information

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31/12/2018 2018-12-31 false false false false true false false false false false false false false true false false true false false false false false true true false No description of principal activities is disclosed 2018-01-01 Sage Accounts Production 18.30 - FRS xbrli:pure xbrli:shares iso4217:GBP 06465817 2018-01-01 2018-12-31 06465817 2018-12-31 06465817 2017-01-01 2017-12-31 06465817 2017-12-31 06465817 2016-12-31 06465817 bus:RegisteredOffice 2018-01-01 2018-12-31 06465817 bus:OrdinaryShareClass1 2018-01-01 2018-12-31 06465817 bus:LeadAgentIfApplicable 2018-01-01 2018-12-31 06465817 bus:Director1 2018-01-01 2018-12-31 06465817 bus:CompanySecretary1 2018-01-01 2018-12-31 06465817 core:RetainedEarningsAccumulatedLosses 2017-01-01 2017-12-31 06465817 core:RetainedEarningsAccumulatedLosses 2018-01-01 2018-12-31 06465817 core:WithinOneYear 2018-12-31 06465817 core:WithinOneYear 2017-12-31 06465817 core:ShareCapital 2018-12-31 06465817 core:ShareCapital 2017-12-31 06465817 core:RetainedEarningsAccumulatedLosses 2018-12-31 06465817 core:RetainedEarningsAccumulatedLosses 2017-12-31 06465817 core:ShareCapital 2016-12-31 06465817 core:RetainedEarningsAccumulatedLosses 2016-12-31 06465817 bus:OrdinaryShareClass1 core:ShareCapital 2018-12-31 06465817 bus:OrdinaryShareClass1 core:ShareCapital 2017-12-31 06465817 bus:SmallEntities 2018-01-01 2018-12-31 06465817 bus:Audited 2018-01-01 2018-12-31 06465817 bus:AbridgedAccounts 2018-01-01 2018-12-31 06465817 bus:SmallCompaniesRegimeForAccounts 2018-01-01 2018-12-31 06465817 bus:PrivateLimitedCompanyLtd 2018-01-01 2018-12-31
Statement of consent to prepare abridged financial statements
All of the members of Cema Site Installations Limited have consented to the preparation of the abridged statement of financial position for the current year ending 31 December 2018 in accordance with Section 444(2A) of the Companies Act 2006.
Company registration number: 06465817
Cema Site Installations Limited
Abridged filleted financial statements
31 December 2018
Cema Site Installations Limited
Contents
Directors and other information
Director's responsibilities statement
Abridged statement of financial position
Statement of changes in equity
Notes to the financial statements
Cema Site Installations Limited
Directors and other information
Director Mr F G Ciaurro
Secretary Mr F G Ciaurro
Company number 06465817
Registered office White House
Wollaton Street
Nottingham
NG1 5GF
Business address Pintail Close
Victoria Business Park
Netherfield
Nottingham
NG4 2SG
Auditor Higson & Co
White House
Wollaton Street
Nottingham
NG1 5GF
Bankers Yorkshire Bank plc
11 Smithy Row
Nottingham
NG1 3EJ
Cema Site Installations Limited
Director's responsibilities statement
Year ended 31 December 2018
The director is responsible for preparing the director's report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the director is required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Cema Site Installations Limited
Abridged statement of financial position
31 December 2018
2018 2017
Note £ £ £ £
Current assets
Debtors 75,829 75,829
Cash at bank and in hand - 432
_______ _______
75,829 76,261
Creditors: amounts falling due
within one year ( 1,034,244) ( 1,074,319)
_______ _______
Net current liabilities ( 958,415) ( 998,058)
_______ _______
Total assets less current liabilities ( 958,415) ( 998,058)
_______ _______
Net liabilities ( 958,415) ( 998,058)
_______ _______
Capital and reserves
Called up share capital 5 1 1
Profit and loss account ( 958,416) ( 998,059)
_______ _______
Shareholders deficit ( 958,415) ( 998,058)
_______ _______
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 26 September 2019 , and are signed on behalf of the board by:
Mr F G Ciaurro
Director
Company registration number: 06465817
Cema Site Installations Limited
Statement of changes in equity
Year ended 31 December 2018
Called up share capital Profit and loss account Total
£ £ £
At 1 January 2017 1 ( 997,924) ( 997,923)
Profit/(loss) for the year ( 135) ( 135)
_______ _______ _______
Total comprehensive income for the year - ( 135) ( 135)
_______ _______ _______
At 31 December 2017 and 1 January 2018 1 ( 998,059) ( 998,058)
Profit/(loss) for the year 39,643 39,643
_______ _______ _______
Total comprehensive income for the year - 39,643 39,643
_______ _______ _______
At 31 December 2018 1 ( 958,416) ( 958,415)
_______ _______ _______
Cema Site Installations Limited
Notes to the financial statements
Year ended 31 December 2018
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is White House, Wollaton Street, Nottingham, NG1 5GF.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements represent information about the company as an individual undertaking.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The company has obtained the necessary financial support for a minimum of a further year from the date of these accounts from its parent company, Cema Group Limited and its fellow subsidiaries Cema Limited and Cema Solutions Limited.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2017: 1 ).
5. Called up share capital
Issued, called up and fully paid
2018 2017
No £ No £
Ordinary shares of £ 1.00 each 1 1 1 1
_______ _______ _______ _______
6. Summary audit opinion
The auditor's report for the year dated 26 September 2019 was unqualified.
The senior statutory auditor was Simon Skill FCA for and on behalf of Higson & Co
7. Controlling party
The company's entire share capital is owned by Cema Group Limited , whose registered office address is White House, Wollaton Street, Nottingham NG1 5GF and is registered under company number 09874998 in England and Wales.