CFS Commercial Finance Services Limited
|
Registered Number
:
07605029
|
For the year ended 30 April 2017
England and Wales
Unaudited Financial Statements
For the year ended 30 April 2017
CFS Commercial Finance Services Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
CFS Commercial Finance Services Limited
Statement of Financial Position
2016
2017
Property
,
plant and equipment
|
75
-
2
75
-
Trade and other receivables
|
15,360
20,687
3
164
Cash and cash equivalents
|
4,570
25,257
15,524
Trade and other payables
:
amounts falling due within one
|
year
|
(14,922)
(17,514)
4
602
7,743
Net current assets
Total assets less current liabilities
|
7,818
602
7,818
Net assets
602
100
100
7,718
502
7,818
602
Shareholders' funds
For the year ended 30 April 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 in accordance with Section 476 of the Companies Act 2006
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The director acknowledges her 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
.
|
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
|
Mr Julian Stafford Director
|
These financial statements were approved and authorised for issue by the Board on 26 September 2017 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 30 April 2017
CFS Commercial Finance Services Limited
Notes to the Financial Statements
Statutory Information
CFS Commercial Finance Services Limited is a private limited company
,
limited by shares
,
domiciled in England and
|
Wales
,
registration number
07605029
.
|
53 Bath Road
Worthing
West Sussex
BN11 3PQ
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
.
|
Property, plant and equipment
Property, plant and equipment, 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:
|
Furniture and Fittings
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.
|
2
.
Property
,
plant and equipment
|
112
112
Provision for depreciation and impairment
|
Charge for year
37
37
75
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For the year ended 30 April 2017
CFS Commercial Finance Services Limited
Notes to the Financial Statements Continued
3
.
Trade and other receivables
|
2016
2017
(451)
6,760
Amounts owed by directors
|
21,138
8,600
15,360
20,687
4
.
Trade and other payables
:
amounts falling due within one year
|
2016
2017
-
1,588
(99)
129
Taxation and social security
|
17,278
12,870
Accruals and deferred income
|
335
335
17,514
14,922
5
.
Directors advances and guarantees
|
The loans to the Director, Julian Stafford were repaid in full within nine months of the year end.
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