Cutting Edge Marketing Limited - Abbreviated accounts 16.1

Cutting Edge Marketing Limited - Abbreviated accounts 16.1

CUTTING EDGE MARKETING LIMITED - Company Information

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REGISTERED NUMBER: 04481875








ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016

FOR

CUTTING EDGE MARKETING LIMITED

CUTTING EDGE MARKETING LIMITED (REGISTERED NUMBER: 04481875)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 July 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

CUTTING EDGE MARKETING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 July 2016







DIRECTOR: Miss H N Poole





SECRETARY: Mrs S J Williams





REGISTERED OFFICE: Jubilee Lodge
26 Commercial Street
Cheltenham
Gloucestershire
GL50 2AU





REGISTERED NUMBER: 04481875





ACCOUNTANTS: Mitchell Glanville Limited
Chartered Accountants
41 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX
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CUTTING EDGE MARKETING LIMITED (REGISTERED NUMBER: 04481875)

ABBREVIATED BALANCE SHEET
31 July 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 954 747

CURRENT ASSETS
Stocks 3,320 -
Debtors 960 11,888
Cash at bank 79,112 57,535
83,392 69,423
CREDITORS
Amounts falling due within one year 16,405 11,470
NET CURRENT ASSETS 66,987 57,953
TOTAL ASSETS LESS CURRENT
LIABILITIES
67,941
58,700

CAPITAL AND RESERVES
Called up share capital 3 1 1
Profit and loss account 67,940 58,699
SHAREHOLDERS' FUNDS 67,941 58,700

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 6 September 2016 and were signed by:





Miss H N Poole - Director


The notes form part of these abbreviated accounts

2
CUTTING EDGE MARKETING LIMITED (REGISTERED NUMBER: 04481875)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 July 2016

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 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.

Plant and machinery etc - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are
charged to the profit and loss account in the period to which they relate.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 August 2015 6,584
Additions 738
At 31 July 2016 7,322
DEPRECIATION
At 1 August 2015 5,837
Charge for year 531
At 31 July 2016 6,368
NET BOOK VALUE
At 31 July 2016 954
At 31 July 2015 747

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
1 Ordinary £1 1 1

4. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in creditors is an amount of £1,841 (2015 : £8,595 Debtor) owing to the director.

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