Abbreviated Company Accounts - CMA FINANCIAL SERVICES LTD

CMA FINANCIAL SERVICES LTD - Company Information

07723262 CMA FINANCIAL SERVICES LTD 2015-07-31 false 2014-08-01 2015-07-31 true 07723262 2014-08-01 2015-07-31 07723262 2015-07-31 07723262 2014-07-31 07723262 uk-gaap-cd-bus:Director1 2014-08-01 2015-07-31 07723262 uk-gaap-cd-bus:Director2 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 iso4217:GBP shares

Registered Number 07723262

CMA FINANCIAL SERVICES LTD

Abbreviated Accounts

31 July 2015

CMA FINANCIAL SERVICES LTD Registered Number 07723262

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	6,060	7,070
Tangible assets	3	2,802	2,901
		8,862	9,971
Current assets
Debtors		-	335
Cash at bank and in hand		23,857	15,668
		23,857	16,003
Creditors: amounts falling due within one year		(44,920)	(27,671)
Net current assets (liabilities)		(21,063)	(11,668)
Total assets less current liabilities		(12,201)	(1,697)
Total net assets (liabilities)		(12,201)	(1,697)
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		(12,203)	(1,699)
Shareholders' funds		(12,201)	(1,697)

For the year ending 31 July 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 29 April 2016

And signed on their behalf by:
CHRIS AYRES, Director

CMA FINANCIAL SERVICES LTD Registered Number 07723262

Notes to the Abbreviated Accounts for the period ended 31 July 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 15% Reducing balance
Motor vehicles - 25% Reducing balance

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 10 years.

2Intangible fixed assets

	£
Cost
At 1 August 2014	10,100
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2015	10,100
Amortisation
At 1 August 2014	3,030
Charge for the year	1,010
On disposals	-
At 31 July 2015	4,040
Net book values
At 31 July 2015	6,060
At 31 July 2014	7,070

3Tangible fixed assets

	£
Cost
At 1 August 2014	4,918
Additions	497
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2015	5,415
Depreciation
At 1 August 2014	2,017
Charge for the year	596
On disposals	-
At 31 July 2015	2,613
Net book values
At 31 July 2015	2,802
At 31 July 2014	2,901

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2