CPM People Employment Group Ltd - Period Ending 2014-12-31

Registration number: 08770197

CPM People Employment Group Ltd

Unaudited Abbreviated Accounts

for the Period from 11 November 2013 to 31 December 2014

 

Nigel Ricks & Company Ltd
42 Glebe Street
Loughborough
Leicestershire
LE11 1JR

CPM People Employment Group Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

CPM People Employment Group Ltd
(Registration number: 08770197)
Abbreviated Balance Sheet at 31 December 2014

		Note			31 December 2014 £
Fixed assets
Investments					26,883
Current assets
Debtors					21,812
Cash at bank and in hand					100
					21,912
Creditors: Amounts falling due within one year					(48,569)
Net current liabilities					(26,657)
Net assets					226
Capital and reserves
Called up share capital		3			100
Profit and loss account					126
Shareholders' funds					226

For the year ending 31 December 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 director acknowledges his 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 director on 11 August 2015

.........................................
Mr S Williams
Director

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

CPM People Employment Group Ltd
Notes to the Abbreviated Accounts for the Period from 11 November 2013 to 31 December 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.

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

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

		Investments £			Total £
Cost
Additions		26,883			26,883
At 31 December 2014		26,883			26,883
Depreciation
At 31 December 2014		-			-
Net book value
At 31 December 2014		26,883			26,883

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Page 2

CPM People Employment Group Ltd
Notes to the Abbreviated Accounts for the Period from 11 November 2013 to 31 December 2014
......... continued

Undertaking	Country of incorporation	Holding	Proportion of voting rights and shares held	Principal activity
Subsidiary undertakings
CPM People Deutschland UG	Germany		100%	contract management
CPM People Hungary Kft	Hungary		100%	contract management

3	Share capital

Allotted, called up and fully paid shares

	31 December 2014
		No.			£
Ordinary Shares of £1 each		100			100

New shares allotted

During the period 100 Ordinary Shares having an aggregate nominal value of £100 were allotted for an aggregate consideration of £100.

Page 3