CMT Learning Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 06985329 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2017

FOR

CMT LEARNING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

C Trembath

A J Wright

D Hobson

R Mace

REGISTERED OFFICE:

4 Clifton Road

Clifton

Bristol

BS8 1AG

REGISTERED NUMBER:

06985329 (England and Wales)

ACCOUNTANTS:

PJE Chartered Accountants

4 Clifton Road

Clifton

Bristol

BS8 1AG

FIXED ASSETS

Tangible assets

4

9,888

11,293

CURRENT ASSETS

Debtors

5

8,588

16,687

Cash at bank and in hand

326,090

80,288

334,678

96,975

CREDITORS

Amounts falling due within one year

6

293,902

85,886

NET CURRENT ASSETS

40,776

11,089

TOTAL ASSETS LESS CURRENT LIABILITIES

50,664

22,382

CAPITAL AND RESERVES

Called up share capital

7

1,250

1,000

Retained earnings

8

49,414

21,382

SHAREHOLDERS' FUNDS

50,664

22,382

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 28 June 2018 and were signed on its behalf by:

C Trembath - Director

1.	STATUTORY INFORMATION

CMT Learning 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 reducing balance

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 9 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2016

25,516

Additions

1,067

At 30 September 2017

26,583

DEPRECIATION

At 1 October 2016

14,223

Charge for year

2,472

At 30 September 2017

16,695

NET BOOK VALUE

At 30 September 2017

9,888

At 30 September 2016

11,293

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.17

30.9.16

£

£

Trade debtors

-

3,436

Other debtors

8,588

13,251

8,588

16,687

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.17

30.9.16

£

£

Trade creditors

122,689

38,060

Taxation and social security

41,469

7,100

Other creditors

129,744

40,726

293,902

85,886

7.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

30.9.17

30.9.16

value:

£

£

1,250

Share capital 1

£1

1,250

1,000

250 Ordinary shares shares of £1 each were allotted at par during the year.

8.

RESERVES

Retained

earnings

£

At 1 October 2016

21,382

Profit for the year

28,032

At 30 September 2017

49,414

9.	RELATED PARTY DISCLOSURES

Included in creditors: amounts falling due within one year is a directors' account to the sum of

£32,158 (2016: £29,890). The directors' account outstanding at the year end by the director, C

Trembath, is £17,660 (2016: £19,990), by the director, A J Wright, is £11,316 (2016: £135 debtor), by

the director, R Mace, is £3,182 (2016: £nil).

Included in debtors: amounts falling due within one year is a director's account for D Hobson to the

sum of £425 (2016: £10,230 creditor).

Included in creditors: amounts falling due within one year is £18,000 due to A Trembath, wife of C

Trembath, a director. This was for secretarial and marketing services rendered.

10.	ULTIMATE CONTROLLING PARTY

The directors controlled the company throughout the year by virtue of their shareholdings.

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain

other primary statements and the Report of the Directors are not required to be filed with the

Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 September 2017 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

PJE Chartered Accountants

4 Clifton Road

Clifton

Bristol

BS8 1AG

28 June 2018