Cadmic Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08874591 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 28 FEBRUARY 2016

FOR

CADMIC LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

M C Wardman

REGISTERED OFFICE:

16-18 Devonshire Street

Keighley

West Yorkshire

BD21 2DG

REGISTERED NUMBER:

08874591 (England and Wales)

ACCOUNTANTS:

Brosnans

Chartered Accountants

25A Aire Valley Business Centre

Lawkholme Lane

Keighley

West Yorkshire

BD21 3BB

FIXED ASSETS

Tangible assets

2

503

535

CURRENT ASSETS

Debtors

6,458

5,016

Cash at bank

42,838

24,159

49,296

29,175

CREDITORS

Amounts falling due within one year

44,541

28,254

NET CURRENT ASSETS

4,755

921

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,258

1,456

PROVISIONS FOR LIABILITIES

101

107

NET ASSETS

5,157

1,349

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

5,156

1,348

SHAREHOLDERS' FUNDS

5,157

1,349

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2016 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 17 May 2016 and were signed by:

M C Wardman - 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 January 2015).

TURNOVER

Turnover represents net invoiced sales of work done 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.

Computer equipment

-

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2015

729

Additions

136

At 28 February 2016

865

DEPRECIATION

At 1 March 2015

194

Charge for year

168

At 28 February 2016

362

NET BOOK VALUE

At 28 February 2016

503

At 28 February 2015

535

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

£1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The company paid £385 to the director for the use of his home as an office.