CMS Architects Ltd - Limited company - abbreviated - 11.6
CMS Architects Ltd - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| CMS ARCHITECTS LTD |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2014 |
| CMS ARCHITECTS LTD (REGISTERED NUMBER: 02982297) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31 October 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Chartered Accountants' Report | 6 |
| CMS ARCHITECTS LTD |
| COMPANY INFORMATION |
| for the Year Ended 31 October 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| BANKERS: |
| CMS ARCHITECTS LTD (REGISTERED NUMBER: 02982297) |
| ABBREVIATED BALANCE SHEET |
| 31 October 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 4 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Share premium |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| CMS ARCHITECTS LTD (REGISTERED NUMBER: 02982297) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 October 2014 |
| The financial statements were approved by the Board of Directors on |
| CMS ARCHITECTS LTD (REGISTERED NUMBER: 02982297) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31 October 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting |
| Standard for Smaller Entities (effective April 2008). |
| Turnover |
| The turnover shown in the profit and loss account in respect of building project management and design consultancy represents |
| amounts invoiced during the year, exclusive of Value Added Tax. Adjustments are made for the recognition of attributable |
| turnover and profit on contracts based on the estimated stage of completion of those contracts. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Stocks |
| Work in progress is valued at the lower of cost and net realisable value. |
| Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease. |
| Going concern |
| The directors have assessed whether the company is a going concern and have considered all available information about the |
| future and are confident of the company's ability to continue as a going concern. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 November 2013 |
| Additions |
| At 31 October 2014 |
| DEPRECIATION |
| At 1 November 2013 |
| Charge for year |
| At 31 October 2014 |
| NET BOOK VALUE |
| At 31 October 2014 |
| At 31 October 2013 |
| CMS ARCHITECTS LTD (REGISTERED NUMBER: 02982297) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 31 October 2014 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 November 2013 |
| and 31 October 2014 | 10 |
| NET BOOK VALUE |
| At 31 October 2014 |
| At 31 October 2013 |
| 4. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| The aggregate total of debtors falling due after more than one year is £ |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted and issued: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | £1 |
| 6. | TRANSACTIONS WITH DIRECTORS |
| The following advances and credits to directors subsisted during the years ended 31 October 2014 and 31 October 2013: |
| 2014 | 2013 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year |
| Balance outstanding at start of year | ( |
) |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year |
| 7. | ULTIMATE CONTROLLING PARTY |
| The company was under the control of CMS Construction Consultants Ltd during the year, a company in which Mr P R Coleman |
| is the majority shareholder. |
| 8. | POST BALANCE SHEET EVENT |
| Shortly after the balance sheet date the following were appointed as Directors of the company: |
| Mr J Smith |
| CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| CMS ARCHITECTS LTD |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial |
| statements, from which the unaudited abbreviated accounts (set out on pages two to five) have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of |
| CMS Architects Ltd for the year ended 31 October 2014 which comprise the Profit and Loss Account, the Balance Sheet and the related |
| notes from the company's accounting records and from information and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
| This report is made solely to the Board of Directors of CMS Architects Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CMS Architects Ltd and state those matters that we have agreed to state to the Board of Directors of CMS Architects Ltd, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that CMS Architects Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of CMS Architects Ltd. You consider that CMS Architects Ltd is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of CMS Architects Ltd. For this reason, we have |
| not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, |
| therefore, express any opinion on the statutory financial statements. |
| 16 April 2015 |