Registered Number 06760547
CAMBRIDGE RESEARCH AND DEVELOPMENT LIMITED
Abbreviated Accounts
31 March 2015
Notes | 2015 | 2014 | |
---|---|---|---|
£ | £ | ||
Called up share capital not paid |
|
|
|
Fixed assets | |||
Intangible assets | 2 |
|
|
Tangible assets | 3 |
|
|
Investments | 4 |
|
|
|
|
||
Current assets | |||
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: amounts falling due within one year |
( |
( |
|
Net current assets (liabilities) |
( |
|
|
Total assets less current liabilities |
( |
|
|
Total net assets (liabilities) |
( |
|
|
Capital and reserves | |||
Called up share capital |
|
|
|
Share premium account |
|
|
|
Other reserves |
|
|
|
Profit and loss account |
( |
|
|
Shareholders' funds |
( |
|
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Plant and machinery 20% straight line
Office equipment 33.33% straight line
Intangible assets amortisation policy
Patents 10% straight line
Other accounting policies
The company incurred a loss for the year and had net liabilities of £52,904 as at 31 March 2015. The financial statements are prepared on the going concern basis on the assumption that the company will continue to receive financial support from the directors to provide sufficient funds to enable it to meet its liabilities as they fall due.
Investments
Investments held as fixed assets are shown at cost less provision for impairment.
Operating leases
Rentals under operating leases are charged to the Profit and loss account on a straight line basis over the lease term.
£ | |
---|---|
Cost | |
At 1 April 2014 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 March 2015 |
|
Amortisation | |
At 1 April 2014 |
|
Charge for the year |
|
On disposals |
|
At 31 March 2015 |
|
Net book values | |
At 31 March 2015 | 35,209 |
At 31 March 2014 | 38,009 |
£ | |
---|---|
Cost | |
At 1 April 2014 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 March 2015 |
|
Depreciation | |
At 1 April 2014 |
|
Charge for the year |
|
On disposals |
|
At 31 March 2015 |
|
Net book values | |
At 31 March 2015 | 7,429 |
At 31 March 2014 | 13,924 |
4
Fixed assets Investments
5 Transactions with directors
Name of director receiving advance or credit: |
|
|
---|---|---|
Description of the transaction: |
|
|
Balance at 1 April 2014: |
|
|
Advances or credits made: | £ |
|
Advances or credits repaid: |
|
|
Balance at 31 March 2015: | £ |
Name of director receiving advance or credit: |
|
|
---|---|---|
Description of the transaction: |
|
|
Balance at 1 April 2014: |
|
|
Advances or credits made: | £ |
|
Advances or credits repaid: |
|
|
Balance at 31 March 2015: | £ |