C.M. McNamara Limited - Accounts to registrar (filleted) - small 17.3
C.M. McNamara Limited - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28TH FEBRUARY 2017 |
| FOR |
| C.M. MCNAMARA LIMITED |
| C.M. MCNAMARA LIMITED (REGISTERED NUMBER: 06084159) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 28TH FEBRUARY 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| C.M. MCNAMARA LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 28TH FEBRUARY 2017 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| 11 Stratford Road |
| Shirley |
| Solihull |
| West Midlands |
| B90 3LU |
| BANKERS: |
| P O Box 85 |
| 201 Stratford Road |
| Shirley |
| Solihull |
| West Midlands |
| B90 3AT |
| C.M. MCNAMARA LIMITED (REGISTERED NUMBER: 06084159) |
| BALANCE SHEET |
| 28TH FEBRUARY 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 7 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| C.M. MCNAMARA LIMITED (REGISTERED NUMBER: 06084159) |
| BALANCE SHEET - continued |
| 28TH FEBRUARY 2017 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director on |
| C.M. MCNAMARA LIMITED (REGISTERED NUMBER: 06084159) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 28TH FEBRUARY 2017 |
| 1. | STATUTORY INFORMATION |
| C.M. McNamara Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents net sales of goods and services provided in the accounting period, including amounts recoverable |
| on contracts and excluding value added tax. |
| Amounts recoverable on contracts are services provided by the end of the accounting period but not invoiced at that |
| time. They are calculated at sales values and shown on the Balance Sheet as part of debtors. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any |
| accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Plant and machinery | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| C.M. MCNAMARA LIMITED (REGISTERED NUMBER: 06084159) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 28TH FEBRUARY 2017 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and | Motor | Computer |
| machinery | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1st March 2016 |
| Disposals | ( |
) | ( |
) |
| At 28th February 2017 |
| DEPRECIATION |
| At 1st March 2016 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 28th February 2017 |
| NET BOOK VALUE |
| At 28th February 2017 |
| At 29th February 2016 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | PROVISIONS FOR LIABILITIES |
| 2017 | 2016 |
| £ | £ |
| Deferred tax |
| Accelerated capital allowances | 1,169 | 5,040 |
| Less loss relief | - | (499 | ) |
| 1,169 | 4,541 |
| C.M. MCNAMARA LIMITED (REGISTERED NUMBER: 06084159) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 28TH FEBRUARY 2017 |
| 7. | PROVISIONS FOR LIABILITIES - continued |
| Deferred |
| tax |
| £ |
| Balance at 1st March 2016 |
| Credit to Income Statement during year | ( |
) |
| Balance at 28th February 2017 |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2017 | 2016 |
| value: | £ | £ |
| Ordinary | £1 | 1 | 1 |
| 9. | RELATED PARTY DISCLOSURES |
| During the year, total dividends of £5,000 were paid to the director . |
| 10. | ULTIMATE CONTROLLING PARTY |
| The company is controlled by the director, Mr C M McNamara. |