C M Accountancy Ltd,Ltd - Accounts

C M Accountancy Ltd,Ltd - Accounts

C M ACCOUNTANCY LTD - Company Information

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2014-01-01 true false Private Limited Company 04609791 2014-12-31 04609791 2014-01-01 2014-12-31 04609791 2013-12-31 04609791 2013-01-01 2013-12-31 04609791 uk-bus:Director1 2014-01-01 2014-12-31 04609791 uk-gaap:ToolsEquipment 2014-01-01 2014-12-31 04609791 uk-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP
C M Accountancy Ltd
For the year ended 31 December 2014
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 04609791
2
Contents Page
C M Accountancy Ltd
For the year ended 31 December 2014
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
C M Accountancy Ltd
Accountants' Report
For the year ended 31 December 2014
As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31
December 2014 and you consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil
your statutory responsibilities, from the accounting records and information and explanations supplied to us.
C M Accountancy Ltd
Woodcote,Park Farm
Tolleshunt Knights
Maldon
Essex
CM9 8HB
17 September 2015
Dated:
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4
Abbreviated Balance Sheet
C M Accountancy Ltd
As at 31 December 2014
04609791
Registered Number :
£
£
2014
Notes
2013
Fixed assets
Tangible assets
2
1,260
1,480
1,260
1,480
Current assets
Debtors
6,482
5,565
Cash at bank and in hand
626
3,149
6,191
9,631
Creditors: amounts falling due within one year
(8,800)
(6,591)
831
(400)
Net current liabilities
Total assets less current liabilities
860
2,311
(250)
(295)
Provisions for liabilities
610
Net assets
2,016
Capital and reserves
Called up share capital
1
3
1
Profit and loss account
609
2,015
610
2,016
Shareholders funds
For the year ended 31 December 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) The director acknowledges her 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.
Date approved by the board: 17 September 2015
Mrs C J Morley Director
Signed on behalf of the board of directors
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5
Notes to the Abbreviated Financial Statements
C M Accountancy Ltd
For the year ended 31 December 2014
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Deferred taxation
Deferred taxation arises when items are charged or credited in accounts in different periods to those in which they are included in the company's tax computations.Deferred tax is provided in full on timing differences that result in an obligation to pay more (or less) tax at a future date. Deferred tax is calculated at the average rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. The resulting deferred tax asset or liability is not discounted.Deferred tax assets are only recognised if it is more likely than not that they will be recovered either against future taxable profits or against the reversal of other deferred tax liabilities.
Dividends
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved by the
shareholders prior to the balance sheet date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Office Equipment
15% Reducing balance
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Notes to the Abbreviated Financial Statements
C M Accountancy Ltd
For the year ended 31 December 2014
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
3,352
At 01 January 2014
At 31 December 2014
3,352
Depreciation
1,872
At 01 January 2014
220
Charge for year
2,092
At 31 December 2014
Net book values
At 31 December 2014
1,260
1,480
At 31 December 2013
3 Share capital
Authorised
100 Ordinary shares of £1.00 each
Allotted called up and fully paid
2014
2013
£
£
1 Ordinary shares of £1.00 each
1
1
1
1
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