CM Partners Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05294853 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

CM PARTNERS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J T Todd

REGISTERED OFFICE:

9-13 High Street

Wells

Somerset

BA5 2AA

REGISTERED NUMBER:

05294853 (England and Wales)

ACCOUNTANTS:

Simmons Accountants Limited

Chartered Certified Accountants

9-13 High Street

Wells

Somerset

BA5 2AA

FIXED ASSETS

Tangible assets

2

3,738

7,576

CURRENT ASSETS

Debtors

51,930

56,190

Cash at bank

3,737

754

55,667

56,944

CREDITORS

Amounts falling due within one year

39,442

43,737

NET CURRENT ASSETS

16,225

13,207

TOTAL ASSETS LESS CURRENT LIABILITIES

19,963

20,783

CAPITAL AND RESERVES

Called up share capital

3

100

100

Share premium

16,068

16,068

Profit and loss account

3,795

4,615

SHAREHOLDERS' FUNDS

19,963

20,783

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 30 September 2015 and were signed by:

J T Todd - 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.

Plant and machinery etc

-

25% on reducing balance

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

17,793

Additions

1,036

Disposals

(8,600

)

At 31 December 2014

10,229

DEPRECIATION

At 1 January 2014

10,217

Charge for year

1,246

Eliminated on disposal

(4,972

)

At 31 December 2014

6,491

NET BOOK VALUE

At 31 December 2014

3,738

At 31 December 2013

7,576

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

760

Ordinary A

10p

76

76

240

Ordinary B

10p

24

24

100

100