Cameron Consulting (UK) Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 04772646 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

CAMERON CONSULTING (UK) LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N J Thody

Mrs K Thody

SECRETARY:

Mrs K Thody

REGISTERED OFFICE:

Sundial House

High Street

Horsell

Woking

Surrey

GU21 4SU

REGISTERED NUMBER:

04772646 (England and Wales)

ACCOUNTANTS:

Hamlyns LLP

Chartered Accountants

Sundial House

High Street

Horsell

Woking

Surrey

GU21 4SU

FIXED ASSETS

Tangible assets

4

77,918

59,790

CURRENT ASSETS

Debtors

419,724

311,198

Cash at bank and in hand

20,789

5,392

440,513

316,590

CREDITORS

Amounts falling due within one year

265,008

172,961

NET CURRENT ASSETS

175,505

143,629

TOTAL ASSETS LESS CURRENT LIABILITIES

253,423

203,419

CREDITORS

Amounts falling due after more than one year

13,583

13,382

NET ASSETS

239,840

190,037

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

239,740

189,937

SHAREHOLDERS' FUNDS

239,840

190,037

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 5 December 2017 and were signed on its behalf by:

N J Thody - Director

1.	STATUTORY INFORMATION

Cameron Consulting (UK) Limited is a private company, limited by shares , registered in England and Wales.

The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

These financial statements for the year ended 31 March 2017 are the first financial statements that comply with

FRS 102 Section 1A small entities. The date of transition is 1 April 2015.

In the transition from old UK GAAP, the Company has made no measurement and recognition adjustments.

The presentation currency of these financial statements is sterling.

Turnover

Turnover consists of the sales value of work done (excluding VAT) for goods and services supplied to third

parties.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element

of the future payments is treated as a liability.

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 profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2016 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2016

186,218

Additions

51,521

Disposals

(43,577

)

At 31 March 2017

194,162

DEPRECIATION

At 1 April 2016

126,428

Charge for year

28,260

Eliminated on disposal

(38,444

)

At 31 March 2017

116,244

NET BOOK VALUE

At 31 March 2017

77,918

At 31 March 2016

59,790

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 April 2016

74,185

Additions

49,165

Disposals

(43,577

)

At 31 March 2017

79,773

DEPRECIATION

At 1 April 2016

35,643

Charge for year

19,235

Eliminated on disposal

(38,444

)

At 31 March 2017

16,434

NET BOOK VALUE

At 31 March 2017

63,339

At 31 March 2016

38,542

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2017 and

31 March 2016:

2017

2016

£

£

N J Thody

Balance outstanding at start of year

150,654

149,324

Amounts advanced

170,373

151,330

Amounts repaid

(162,000

)

(150,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

159,027

150,654

Mrs K Thody

Balance outstanding at start of year

87,437

97,099

Amounts advanced

125,928

90,338

Amounts repaid

(108,000

)

(100,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

105,365

87,437

6.	RELATED PARTY DISCLOSURES

During the year, total dividends of £270,000 (2016 - £250,000) were paid to the directors .