C & P Business Services Limited - Limited company accounts 11.7

REGISTERED NUMBER: 05450853 (England and Wales)

REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2015

FOR

C & P Business Services Limited

Page

Company Information

1

Report of the Director

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

D L Proud

SECRETARY:

D L Proud

REGISTERED OFFICE:

The Grange

Brafferton

Darlington

Co. Durham

DL1 3LA

REGISTERED NUMBER:

05450853 (England and Wales)

ACCOUNTANTS:

C & P Business Services Ltd

The Grange

Brafferton

Darlington

Co. Durham

DL1 3LA

The director presents his report with the financial statements of the company for the year ended 31 May 2015.

DIRECTOR

D L Proud held office during the whole of the period from 1 June 2014 to the date of this report.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating

to small companies.

ON BEHALF OF THE BOARD:

D L Proud - Secretary

10 July 2015

TURNOVER

19,161

19,935

Cost of sales

924

58

GROSS PROFIT

18,237

19,877

Administrative expenses

18,266

17,358

OPERATING (LOSS)/PROFIT and

(LOSS)/PROFIT ON ORDINARY
ACTIVITIES BEFORE TAXATION

2

(29

)

2,519

Tax on (loss)/profit on ordinary activities

3

58

291

(LOSS)/PROFIT FOR THE FINANCIAL
YEAR

(87

)

2,228

FIXED ASSETS

Tangible assets

4

1,128

1,468

CURRENT ASSETS

Debtors

5

3,065

2,365

Cash at bank

185

73

3,250

2,438

CREDITORS

Amounts falling due within one year

6

2,099

1,540

NET CURRENT ASSETS

1,151

898

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,279

2,366

CAPITAL AND RESERVES

Called up share capital

7

100

Profit and loss account

8

2,179

2,266

SHAREHOLDERS' FUNDS

2,279

2,366

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the director on 10 July 2015 and were signed by:

D L Proud - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Deferred tax

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

sheet date.

2.	OPERATING (LOSS)/PROFIT

The operating loss (2014 - operating profit) is stated after charging:

31.5.15

31.5.14

£

Depreciation - owned assets

340

272

Director's remuneration and other benefits etc

5,280

4,080

3.

TAXATION

Analysis of the tax charge

The tax charge on the loss on ordinary activities for the year was as follows:

31.5.15

31.5.14

£

Current tax:

UK corporation tax

58

291

Tax on (loss)/profit on ordinary activities

58

291

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2014

and 31 May 2015

3,501

DEPRECIATION

At 1 June 2014

2,033

Charge for year

340

At 31 May 2015

2,373

NET BOOK VALUE

At 31 May 2015

1,128

At 31 May 2014

1,468

5.

DEBTORS

31.5.15

31.5.14

£

Amounts falling due within one year:

Trade debtors

3,065

2,615

Amounts falling due after more than one year:

Trade debtors

-

(250

)

Aggregate amounts

3,065

2,365

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.15

31.5.14

£

Taxation and social security

168

352

Other creditors

1,931

1,188

2,099

1,540

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.15

31.5.14

value:

£

100

ordinary

1

100

8.

RESERVES

Profit

and loss

account

£

At 1 June 2014

2,266

Deficit for the year

(87

)

At 31 May 2015

2,179