CFAM RISK ADVISORY LIMITED


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Registered number: 07819444
CFAM RISK ADVISORY LIMITED
Abbreviated accounts
For The Year Ended 31 March 2016
Coult & Co

Abbreviated Balance Sheet
2016
Notes £ £
FIXED ASSETS
Tangible Assets 2 1
1
CURRENT ASSETS
Cash at bank and in hand 156
156
Creditors: Amounts Falling Due Within One Year (4,721)
NET CURRENT ASSETS (LIABILITIES) (4,565)
TOTAL ASSETS LESS CURRENT LIABILITIES (4,564)
NET ASSETS (4,564)
Profit and Loss Account (4,564)
SHAREHOLDERS' FUNDS (4,564)
For the year ending 31 March 2016 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 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 abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).
On behalf of the board
Mr CLIVE FERRAND
30/06/2016
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Notes to the Abbreviated Accounts
Accounting Policies
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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 of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 33.5% on cost
Tangible Assets
Total
Cost £
As at 1 April 2015 1,601
As at 31 March 2016 1,601
Depreciation
As at 1 April 2015 -
Provided during the period 1,600
As at 31 March 2016 1,600
Net Book Value
As at 31 March 2016 1
As at 1 April 2015 1,601
Ultimate Controlling Party
The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.
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