| CADPLAN SERVICES LIMITED |
| Company Number 04173755 |
| Abbreviated Balance Sheet |
| as at 31 March 2016 |
|
|
Note |
|
|
2016 |
|
|
2015 |
|
|
|
|
£ |
|
|
£ |
| FIXED ASSETS |
| Intangible assets |
2 |
|
|
5,250 |
|
|
6,250 |
| Tangible assets |
3 |
|
|
161,693 |
|
|
168,437 |
|
|
|
|
166,943 |
|
|
174,687 |
| CURRENT ASSETS |
| Debtors |
|
|
217,282 |
|
|
148,901 |
| Cash at bank and in hand |
|
|
257,155 |
|
|
75,724 |
|
|
|
474,437 |
|
|
224,625 |
| CREDITORS: amounts falling due within one year |
|
|
(250,625) |
|
|
(190,593) |
|
| NET CURRENT ASSETS |
|
|
|
223,812 |
|
|
34,032 |
|
| TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|
390,755 |
|
|
208,719 |
|
| CREDITORS: amounts falling due after more than one year |
|
|
|
(33,401) |
|
|
(25,643) |
|
|
|
|
357,354 |
|
|
183,076 |
| PROVISIONS FOR LIABILITIES |
| Deferred tax |
|
|
|
(19,722) |
|
|
(26,227) |
| NET ASSETS |
|
|
|
£337,632 |
|
|
£156,849 |
|
|
|
|
|
|
|
|
| CAPITAL AND RESERVES |
| Called up share capital |
4 |
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
337,630 |
|
|
156,847 |
| SHAREHOLDERS' FUNDS |
|
|
|
£337,632 |
|
|
£156,849 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with sections 386 and 387 of the Companies Act 2006 and for preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the year and of its profit or loss for the financial year in accordance with the requirements of section 396 and which otherwise comply with the requirements of the Companies Act 2006 relating to the accounts so far as applicable to the company. |
| The abbreviated accounts have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. |
|
| ........................................ |
| Mr G. J. Edwards |
| Director |
Approved by the board on 30 December 2016 |
|
| CADPLAN SERVICES LIMITED |
| Company Number 04173755 |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2016 |
|
| 1 |
ACCOUNTING POLICIES |
|
|
1.1 Basis of preparation of financial statements |
|
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). The company was incorporated on 6 March 2001 and started to trade on 1 July 2001. |
|
|
1.2 Turnover |
|
Turnover represents the invoiced value of goods and services supplied by the company. |
|
|
1.3 Intangible fixed assets and amortisation |
|
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the net separable assets. Goodwill is expected to have an economic life of over twenty years and is amortised over twenty years on a straight line basis as this period is the maximum permitted under the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
1.4 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 or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases: |
|
|
Fixtures and fittings etc |
20% p.a. on a straight line basis |
|
Equipment etc |
20% p.a. on a reducing balance basis |
|
Motor Vehicles |
25% p.a. on a reducing balance basis |
|
|
1.5 Deferred taxation |
|
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on a non discounted basis at the tax rates which are expected to apply in the periods when the timing differences are expected to reverse. |
|
|
1.6 Leasing and hire purchase commitments |
|
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives.
Finance leases are those where substantially all the benefits and risks of ownership are assumed by the company. Obligations under such agreements and hire purchase agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period. Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits as incurred. |
|
