CMD Wholesale Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06732639 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 October 2013

for

CMD Wholesale Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J B Jackson

SECRETARY:

REGISTERED OFFICE:

23 Rectory Road

West Bridgford

Notingham

NG2 6BE

REGISTERED NUMBER:

06732639 (England and Wales)

ACCOUNTANTS:

Harwood & Ball

Chartered Accountants

23 Rectory Road

West Bridgford

Nottingham

NG2 6BE

FIXED ASSETS

Tangible assets

2

6,719

2,000

CURRENT ASSETS

Stocks

318,767

300,000

Debtors

259,114

29,252

Cash at bank

25,760

118,005

603,641

447,257

CREDITORS

Amounts falling due within one year

591,136

443,360

NET CURRENT ASSETS

12,505

3,897

TOTAL ASSETS LESS CURRENT LIABILITIES

19,224

5,897

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

19,223

5,896

SHAREHOLDERS' FUNDS

19,224

5,897

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2013 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 29 July 2014 and were signed by:

J B Jackson - 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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 November 2012

2,500

Additions

6,959

At 31 October 2013

9,459

DEPRECIATION

At 1 November 2012

500

Charge for year

2,240

At 31 October 2013

2,740

NET BOOK VALUE

At 31 October 2013

6,719

At 31 October 2012

2,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

1

Ordinary

£1

1

1