Cordingley Management Services Limited - Period Ending 2014-04-30

Registration number: 08034847

Cordingley Management Services Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 April 2014
 

Cordingley Management Services Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Cordingley Management Services Limited
(Registration number: 08034847)
Abbreviated Balance Sheet at 30 April 2014

		Note			30 April 2014 £			30 April 2013 £
Fixed assets
Tangible fixed assets					4,157			5,144
Current assets
Stocks					-			6,934
Debtors					56			8,636
Cash at bank and in hand					34,310			27,206
					34,366			42,776
Creditors: Amounts falling due within one year					(35,820)			(44,666)
Net current liabilities					(1,454)			(1,890)
Net assets					2,703			3,254
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					2,603			3,154
Shareholders' funds					2,703			3,254

For the year ending 30 April 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 30 November 2014 and signed on its behalf by:

.........................................
AW Cordingley
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Cordingley Management Services Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated
residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	25% per annum reducing balance basis
Fixtures and fittings	15% per annum reducing balance basis

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 May 2013		6,659			6,659
Additions		231			231
At 30 April 2014		6,890			6,890
Depreciation
At 1 May 2013		1,515			1,515
Charge for the year		1,218			1,218
At 30 April 2014		2,733			2,733
Net book value
At 30 April 2014		4,157			4,157
At 30 April 2013		5,144			5,144

Page 2

Cordingley Management Services Limited
Notes to the Abbreviated Accounts for the Year Ended 30 April 2014
......... continued

3	Share capital

Allotted, called up and fully paid shares

	30 April 2014						30 April 2013
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100

Page 3