CAS Atha Management Services Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08746177 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 24 October 2013 to 31 October 2014

for

CAS Atha Management Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

C A S Atha

REGISTERED OFFICE:

West End House

8 West End

Stokesley

Middlesbrough

TS9 5BN

REGISTERED NUMBER:

08746177 (England and Wales)

ACCOUNTANTS:

Sochall Smith Limited

Chartered Accountants

Queens Court Business Centre

Newport Road

Middlesbrough

Cleveland

TS1 5EH

FIXED ASSETS

Tangible assets

2

25,829

Investment property

3

988,837

1,014,666

CURRENT ASSETS

Debtors

2,881

Cash at bank

54,903

57,784

CREDITORS

Amounts falling due within one year

699,337

NET CURRENT LIABILITIES

(641,553

)

TOTAL ASSETS LESS CURRENT LIABILITIES

373,113

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

373,013

SHAREHOLDERS' FUNDS

373,113

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 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 29 October 2015 and were signed by:

C A S Atha - 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 services, 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.

Investment property

Investment properties are initially recorded at cost which is deemed by the director to be equal to open market

value.

In accordance with Statement of Standard Accounting Practice No 19 'Investment Properties':

i investment properties are revalued periodically and the aggregate surplus or deficit is transferred to the

revaluation reserve except that any permanent diminution in the value of an investment property is taken

to the profit and loss account for the year; and

ii no depreciation or amortisation is provided in respect of freehold investment properties and leasehold

investment properties with over 20 years to run.

This treatment, as regards certain of the company's investment properties, may be a departure from the

requirements of the Companies Act concerning depreciation of fixed assets. However, these properties are held

for investment and the director considers that systematic annual depreciation would be inappropriate. The

accounting policy adopted is therefore necessary for the financial statements to give a true and fair view.

Depreciation or amortisation is only one of the many factors reflected in the valuation and the amount which

might otherwise have been shown cannot be separately identified or quantified.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

26,267

At 31 October 2014

26,267

DEPRECIATION

Charge for period

438

At 31 October 2014

438

NET BOOK VALUE

At 31 October 2014

25,829

3.	INVESTMENT PROPERTY

Total

£

COST

Additions

988,837

At 31 October 2014

988,837

NET BOOK VALUE

At 31 October 2014

988,837

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

33

Ordinary

£1

33

11

A Ordinary

£1

11

11

B Ordinary

£1

11

11

C Ordinary

£1

11

17

D Ordinary

£1

17

17

E Ordinary

£1

17

100

The following shares were issued during the period for cash at par :

33 Ordinary shares of £1

11 A Ordinary shares of £1

11 B Ordinary shares of £1

11 C Ordinary shares of £1

17 D Ordinary shares of £1

17 E Ordinary shares of £1