Company Registration No. 04931073 (England and Wales)
CMYK (PLANNING AND DESIGN) LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2016
Faulkner House
Victoria Street
Rayner Essex LLP
St Albans
Chartered Accountants
Herts
AL1 3SE
CMYK (PLANNING AND DESIGN) LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 4
CMYK (PLANNING AND DESIGN) LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 OCTOBER 2016
31 October 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
11,401
15,202
Current assets
Debtors
207,004
270,724
Cash at bank and in hand
234,639
232,795
441,643
503,519
Creditors: amounts falling due within one year
(218,028)
(258,820)
Net current assets
223,615
244,699
Total assets less current liabilities
235,016
259,901
Capital and reserves
Called up share capital
3
1,185
1,185
Share premium account
3,588
3,588
Other reserves
15
15
Profit and loss account
230,228
255,113
Shareholders' funds
235,016
259,901
For the financial year ended 31 October 2016 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 July 2017
P A Tosney
S P Larner
Director
Director
Company Registration No. 04931073
CMYK (PLANNING AND DESIGN) LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2016
- 2 -
1
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
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
25% reducing balance
Fixtures, fittings & equipment
25% reducing balance
1.5
Pensions
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.
2
Fixed assets
Tangible assets
£
Cost
At 1 November 2015 & at 31 October 2016
62,592
Depreciation
At 1 November 2015
47,390
Charge for the year
3,801
At 31 October 2016
51,191
Net book value
At 31 October 2016
11,401
At 31 October 2015
15,202
CMYK (PLANNING AND DESIGN) LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
28,875 Ordinary 'A' shares of £ 0.01 each
289
289
9,625 Ordinary 'B' shares of £ 0.01 each
96
96
28,875 Ordinary 'C' shares of £ 0.01 each
289
289
9,625 Ordinary 'D' shares of £ 0.01 each
96
96
28,875 Ordinary 'E' shares of £ 0.01 each
289
289
9,625 Ordinary 'F' shares of £ 0.01 each
96
96
1,125 Ordinary 'G' shares of £ 0.01 each
11
11
375 Ordinary 'H' shares of £ 0.01 each
4
4
1,125 Ordinary 'I' shares of £ 0.01 each
-
11
375 Ordinary 'J' shares of £ 0.01 each
-
4
1,125 Ordinary 'K' shares of £ 0.01 each
11
11
375 Ordinary 'L shares of £ 0.01 each
4
4
1,185
1,185
CMYK (PLANNING AND DESIGN) LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2016
- 4 -
4
Related party relationships and transactions
Included within other creditors were the following amounts owed to the directors of the company:
P A Tosney £6,895 (2015: £7,245)
G C Sutcliffe £6,338 (2015: £7,246)
S P Larner £4,332 (2015: £7,245)
J C Sutcliffe £5,348 (2015: £5,048)
N A Tosney £5,151 (2015: £5,048)
J Larner £4,148 (2015: £5,048)
A J Cox £nil (2015: £5,326)
J E Brindley £9,150 (2015: £9,150)
S J Ford £5,000 (2015: £5,000)
No interest was payable on the outstanding balances.