CDN CONSULAR SERVICES LIMITED Financial Accounts 2014-06-30 REGISTERED NUMBER: 07147017 (England and Wales) Abbreviated Unaudited Accounts For The Year Ended 30 June 2014 for CDN Consular Services Limited
CDN Consular Services Limited (Registered number: 07147017) Contents of the Abbreviated Accounts For The Year Ended 30 June 2014 Page Company Information 1 Abbreviated Balance Sheet 2 Notes to the Abbreviated Accounts 4
CDN Consular Services Limited Company Information For The Year Ended 30 June 2014 DIRECTORS: N Beard Mrs D Beard SECRETARY: Mrs D Beard REGISTERED OFFICE: Osborne House 143-145 Stanwell Road Ashford Middlesex TW15 3QN REGISTERED NUMBER: 07147017 (England and Wales) ACCOUNTANTS: Hunt Ford & Co Osbourne House 143-145 Stanwell Road Ashford Middlesex TW15 3QN
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CDN Consular Services Limited (Registered number: 07147017) Abbreviated Balance Sheet 30 June 2014 30/6/14 30/6/13 Notes FIXED ASSETS Intangible assets 2 1,600,000 1,700,000 Tangible assets 3 124,216 100,622 1,724,216 1,800,622 CURRENT ASSETS Debtors 992,940 941,227 Cash at bank and in hand 128,256 26,361 1,121,196 967,588 CREDITORS Amounts falling due within one year 1,755,667 1,958,381 NET CURRENT LIABILITIES (634,471) (990,793) TOTAL ASSETS LESS CURRENT LIABILITIES 1,089,745 809,829 CAPITAL AND RESERVES Called up share capital 4 2 2 Profit and loss account 1,089,743 809,827 SHAREHOLDERS' FUNDS 1,089,745 809,829 The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014. The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 in accordance with Section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for: ensuring that the company keeps accounting records which comply with Sections 386 and (a) 387 of the Companies Act 2006 and 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 (b) 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. The notes form part of these abbreviated accounts
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CDN Consular Services Limited (Registered number: 07147017) Abbreviated Balance Sheet - continued 30 June 2014 The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. The financial statements were approved by the Board of Directors on 26 February 2015 and were signed on its behalf by: Mrs D Beard - Director N Beard - Director The notes form part of these abbreviated accounts
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CDN Consular Services Limited (Registered number: 07147017) Notes to the Abbreviated Accounts For The Year Ended 30 June 2014 1. ACCOUNTING POLICIES Accounting convention The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). Turnover Turnover represents net invoiced sales of goods, excluding value added tax. Goodwill Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of twenty years. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery etc - 25% on cost and 20% on cost Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. 2. INTANGIBLE FIXED ASSETS Total COST At 1 July 2013 and 30 June 2014 2,000,000 AMORTISATION At 1 July 2013 300,000 Amortisation for year 100,000 At 30 June 2014 400,000 NET BOOK VALUE At 30 June 2014 1,600,000 At 30 June 2013 1,700,000
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CDN Consular Services Limited (Registered number: 07147017) Notes to the Abbreviated Accounts - continued For The Year Ended 30 June 2014 3. TANGIBLE FIXED ASSETS Total COST At 1 July 2013 183,085 Additions 72,447 At 30 June 2014 255,532 DEPRECIATION At 1 July 2013 82,463 Charge for year 48,853 At 30 June 2014 131,316 NET BOOK VALUE At 30 June 2014 124,216 At 30 June 2013 100,622 4. CALLED UP SHARE CAPITAL Allotted, issued and fully paid: Number: Class: Nominal 30/6/14 30/6/13 value: 2 Ordinary 1 2 2
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