CMA Garden Design Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 07258099 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2017

for

CMA Garden Design Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C M Andrews

Mrs N Andrews

REGISTERED OFFICE:

46 Albert Road

Farnborough

Hampshire

GU14 6SL

REGISTERED NUMBER:

07258099 (England and Wales)

ACCOUNTANTS:

Turner & Co

Chartered Accountants

10a White Hart Parade

London Road

Blackwater

Camberley

Surrey

GU17 9AD

FIXED ASSETS

Tangible assets

4

14,227

9,129

CURRENT ASSETS

Stocks

25,676

15,951

Debtors

5

61,027

11,751

Cash in hand

468

300

87,171

28,002

CREDITORS

Amounts falling due within one year

6

113,345

36,789

NET CURRENT LIABILITIES

(26,174

)

(8,787

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(11,947

)

342

CREDITORS

Amounts falling due after more than one year

7

8,480

5,902

NET LIABILITIES

(20,427

)

(5,560

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(20,429

)

(5,562

)

SHAREHOLDERS' FUNDS

(20,427

)

(5,560

)

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.

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 30 December 2017 and were signed on its behalf by:

C M Andrews - Director

1.	STATUTORY INFORMATION

CMA Garden Design 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

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

-

20% on cost

Stocks

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

obsolete and slow moving items.

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.

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 11 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

36,575

Additions

13,616

At 31 March 2017

50,191

DEPRECIATION

At 1 April 2016

27,446

Charge for year

8,518

At 31 March 2017

35,964

NET BOOK VALUE

At 31 March 2017

14,227

At 31 March 2016

9,129

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

50,239

11,751

Other debtors

10,788

-

61,027

11,751

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Bank loans and overdrafts

15,159

10,436

Hire purchase contracts

6,585

2,483

Trade creditors

2,118

-

Taxation and social security

29,719

19,625

Other creditors

59,764

4,245

113,345

36,789

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.17

31.3.16

£

£

Bank loans

-

889

Hire purchase contracts

8,480

4,346

Other creditors

-

667

8,480

5,902