Accounts filed on 31-01-2015

Accounts filed on 31-01-2015

DAVID ELEY COST & PROJECT MANAGEMENT LIMITED - Company Information

Print Friendly Version

2014-02-012015-01-3108407569falsetruehttp://www.companieshouse.gov.uk/cd:Director12014-02-012015-01-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2014-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-02-012015-01-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-01-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2014-02-012015-01-31http://www.companieshouse.gov.uk/2013-02-012014-01-31http://www.companieshouse.gov.uk/2014-02-012015-01-31http://www.companieshouse.gov.uk/2014-01-31http://www.companieshouse.gov.uk/2015-01-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2014-02-012015-01-31http://www.companieshouse.gov.uk/2014-01-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 08407569
David Eley Cost & Project Management Limited
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2015
Prepared By:
Simon Porter & Co Accountants Ltd
Chartered Accountants
1 Prospect Street
Caversham
Reading
Berkshire
RG4 8JB

David Eley Cost & Project Management Limited
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 January 2015
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 08407569

David Eley Cost & Project Management Limited
Registered Number: 08407569
BALANCE SHEET AT 31 JANUARY 2015
20152014
Notes££
FIXED ASSETS
Tangible assets2665120
CURRENT ASSETS
Stock2,613-
Debtors (amounts falling due within one year)313,9549,322
Cash at bank and in hand12,42143,024
28,98852,346
CREDITORS: Amounts falling due within one year10,12531,510
NET CURRENT ASSETS18,86320,836
TOTAL ASSETS LESS CURRENT LIABILITIES19,52820,956
CAPITAL AND RESERVES
Called up share capital41010
Profit and loss account19,51820,946
SHAREHOLDERS' FUNDS19,52820,956
For the year ending 31 January 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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.
Approved by the board on 28 September 2015 and signed on their behalf by
Mr D Eley
Director

David Eley Cost & Project Management Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2015
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 20%
1d. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.
1e. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.
1f. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

David Eley Cost & Project Management Limited
2. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 1 February 2014150150
Additions711711
At 31 January 2015861861
Depreciation
At 1 February 20143030
For the year166166
At 31 January 2015196196
Net Book Amounts
At 31 January 2015665665
At 31 January 2014120120
3. DEBTORS 20152014
££
Amounts falling due within one year:
Trade debtors1,4146,822
Other debtors12,5402,500
13,9549,322
Included within Other debtors is an amount of £12,540 (2013 - £2,500) receivable from Ms Lisa Harris, partner of the director. This loan carries a coupon of 3% per annum.
4. SHARE CAPITAL 20152014
££
Allotted, issued and fully paid:
10 Ordinary shares of £1 each1010
1010
5. RELATED PARTY TRANSACTIONS
During the year the company lent £10,040 to Ms Lisa Harris, partner of the director. At the year end the balance due to the company from Ms Harris was £12,540 (2013 - £2,500).

David Eley Cost & Project Management Limited
6. TRANSACTIONS WITH DIRECTORS
During the year the company paid £1,350 (2014 - £1,300) to the director in respect of the use of his residence for business purposes.
7. CONTROLLING PARTY
The company is controlled by its director, Mr D Eley, by virtue of his 100% shareholding in the company.