CADMUSS_LIMITED - Accounts

CADMUSS LIMITED - Company Information

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Company Registration No. 08161074 (England and Wales)

CADMUSS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2015

CADMUSS LIMITED

CONTENTS

Page

Accountants' report

Abbreviated balance sheet

Notes to the abbreviated accounts

3 - 4

CADMUSS LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CADMUSS LIMITED FOR THE YEAR ENDED 31 JULY 2015

- 1 -

The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 4 have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Cadmuss Limited for the year ended 31 July 2015 set out on pages 3 to 7 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/regulations.

This report is made solely to the Board of Directors of Cadmuss Limited, as a body, in accordance with the terms of our engagement letter dated 6 March 2013. Our work has been undertaken solely to prepare for your approval the financial statements of Cadmuss Limited and state those matters that we have agreed to state to the Board of Directors of Cadmuss Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cadmuss Limited and it's Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Cadmuss Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Cadmuss Limited. You consider that Cadmuss Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Cadmuss Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Gerald Edelman

21 March 2016

Chartered Accountants

73 Cornhill

London

EC3V 3QQ

CADMUSS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2015

- 2 -

2015

2014

Notes

Fixed assets

Tangible assets

501

668

Current assets

Debtors

5,940

25,107

Cash at bank and in hand

49,443

72,056

55,383

97,163

Creditors: amounts falling due within one year

(19,282)

(60,830)

Net current assets

36,101

36,333

Total assets less current liabilities

36,602

37,001

Capital and reserves

Called up share capital

Profit and loss account

36,600

36,999

Shareholders' funds

36,602

37,001

For the financial year ended 31 July 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 21 March 2016

A Andreou

Director

Company Registration No. 08161074

CADMUSS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2015

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Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for consultancy services.

Revenue is recognised as earned when, and to the extent that, the firm obtains the right to consideration in exchange for its performance.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

25% reducing balance

Fixed assets

Tangible assets

Cost

At 1 August 2014 & at 31 July 2015

1,155

Depreciation

At 1 August 2014

487

Charge for the year

167

At 31 July 2015

654

Net book value

At 31 July 2015

501

At 31 July 2014

668

CADMUSS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2015

- 4 -

Share capital

2015

2014

Allotted, called up and fully paid

1 Ordinary Share of £1 each

1 Ordinary "A" share of £1 each