Cm Partners Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05294853 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

CM PARTNERS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

J T Todd

REGISTERED OFFICE:

9-13 High Street

Wells

Somerset

BA5 2AA

REGISTERED NUMBER:

05294853 (England and Wales)

ACCOUNTANTS:

Pethericks and Gillard Limited

Chartered Accountants

124 High Street

Midsomer Norton

Bath

BA3 2DA

FIXED ASSETS

Tangible assets

2

7,576

10,101

CURRENT ASSETS

Debtors

56,747

43,921

Cash at bank

754

7,574

57,501

51,495

CREDITORS

Amounts falling due within one year

12,408

28,914

NET CURRENT ASSETS

45,093

22,581

TOTAL ASSETS LESS CURRENT LIABILITIES

52,669

32,682

CREDITORS

Amounts falling due after more than one year

-

2,949

NET ASSETS

52,669

29,733

CAPITAL AND RESERVES

Called up share capital

3

100

100

Share premium

16,068

16,068

Profit and loss account

36,501

13,565

SHAREHOLDERS' FUNDS

52,669

29,733

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 30 September 2014 and were signed by:

J T Todd - 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 goods, 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period

of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

17,793

DEPRECIATION

At 1 January 2013

7,692

Charge for year

2,525

At 31 December 2013

10,217

NET BOOK VALUE

At 31 December 2013

7,576

At 31 December 2012

10,101

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

760

Ordinary A

10p

76

76

240

Ordinary B

10p

24

24

100

100