CMS Training Services Ltd T/A Fathom Learning
|
Registered Number
:
02121803
|
For the year ended 31 May 2018
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2018
CMS Training Services Ltd T/A Fathom Learning
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
CMS Training Services Ltd T/A Fathom Learning
Statement of Financial Position
2017
2018
-
1,500
-
8,000
3
8,000
1,500
Trade and other receivables
|
30,335
35,822
4
168,553
Cash and cash equivalents
|
125,743
161,565
198,888
Trade and other payables
:
amounts falling due within one year
|
(54,235)
(42,803)
5
144,653
118,762
Net current assets
Total assets less current liabilities
|
126,762
146,153
-
(90)
Provisions for liabilities
|
126,762
Net assets
146,063
160
160
126,562
145,863
40
40
126,762
146,063
Shareholders' funds
For the year ended 31 May 2018 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
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The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2018 in accordance with Section 476 of the Companies Act 2006
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The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
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The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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These financial statements were approved and authorised for issue by the Board on 12 October 2018 and were signed by:
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The notes form part of these financial statements
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For the year ended 31 May 2018
CMS Training Services Ltd T/A Fathom Learning
Notes to the Financial Statements
Statutory Information
CMS Training Services Ltd T
/
A Fathom Learning is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
02121803
.
|
Suite A
Salt Warehouse
Sowerby Bridge Canal Basin
Sowerby Bridge
HX6 2AG
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial Reporting Standard
102
'
The
|
Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the Companies Act
2006
.
The financial statements have
|
been prepared under the historical costs convention as modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Training platform
Computer equipment
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
For the year ended 31 May 2018
CMS Training Services Ltd T/A Fathom Learning
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Training platform
67,573
51,073
16,500
16,500
51,073
67,573
Provision for depreciation and impairment
|
67,573
51,073
16,500
67,573
51,073
16,500
-
-
-
-
-
-
3
.
Investments held as fixed assets
|
Shares in group and participating interests
|
8,000
8,000
8,000
8,000
8,000
8,000
4
.
Trade and other receivables
|
2017
2018
32,099
27,726
3,723
2,609
30,335
35,822
3 of 4
For the year ended 31 May 2018
CMS Training Services Ltd T/A Fathom Learning
Notes to the Financial Statements Continued
5
.
Trade and other payables
:
amounts falling due within one year
|
2017
2018
2,390
705
Taxation and social security
|
25,251
33,891
15,162
19,639
42,803
54,235
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