C.M.F._(SLOUGH)_LIMITED - Accounts

C.M.F. (SLOUGH) LIMITED - Company Information

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Company Registration No. 03134610 (England and Wales)

C.M.F. (SLOUGH) LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

C.M.F. (SLOUGH) LIMITED

CONTENTS

Page

Accountants' report

Abbreviated balance sheet

Notes to the abbreviated accounts

C.M.F. (SLOUGH) LIMITED

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF C.M.F. (SLOUGH) LIMITED FOR THE YEAR ENDED 31 DECEMBER 2015

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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of C.M.F. (Slough) Limited for the year ended 31 December 2015 set out on pages 3 to 7 from the company’s accounting records and from information and explanations you have given us.

It is your duty to ensure that C.M.F. (Slough) Limited 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 C.M.F. (Slough) Limited. You consider that C.M.F. (Slough) Limited 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 C.M.F. (Slough) Limited. 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.

TaxAssist Accountants

635 Bath Road

SLOUGH

Berkshire

SL1 6AE

21 March 2016

C.M.F. (SLOUGH) LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2015

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2015

2014

Notes

Fixed assets

Tangible assets

16,258

19,352

Current assets

Stocks

5,000

Debtors

149,046

170,517

Cash at bank and in hand

132,604

79,233

286,650

254,750

Creditors: amounts falling due within one year

(67,248)

(90,237)

Net current assets

219,402

164,513

Total assets less current liabilities

235,660

183,865

Capital and reserves

Called up share capital

2,000

Profit and loss account

233,660

181,865

Shareholders' funds

235,660

183,865

For the financial year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

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

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 18 May 2016

Chris Newman

Director

Company Registration No. 03134610

C.M.F. (SLOUGH) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

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Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

1.5

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

15% straight line

Fixtures, fittings & equipment

15% reducing balance

Motor vehicles

25% reducing balance

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 1 January 2015 & at 31 December 2015

5,500

113,943

119,443

Depreciation

At 1 January 2015

5,500

94,591

100,091

Charge for the year

3,094

At 31 December 2015

5,500

97,685

103,185

Net book value

At 31 December 2015

16,258

At 31 December 2014

19,352

Share capital

2015

2014

Allotted, called up and fully paid

2,000 Ordinary Shares of £1 each

2,000