Casemax Limited - Abbreviated accounts

Registered number

08508743

Casemax Limited

Abbreviated Accounts

31 March 2016

Casemax Limited

Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Casemax Limited for the year ended 31 March 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Casemax Limited for the year ended 31 March 2016 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Casemax Limited, as a body, in accordance with the terms of our engagement letter dated 11 June 2013. Our work has been undertaken solely to prepare for your approval the accounts of Casemax Limited and state those matters that we have agreed to state to the Board of Directors of Casemax Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Casemax Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Casemax Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Casemax Limited. You consider that Casemax Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Casemax Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the abbreviated accounts.

Bakers Accountancy Ltd
Chartered Accountants
21 Dennyview Road
Abbots Leigh
Bristol
BS8 3RD

15 December 2016

Casemax Limited
Registered number:		08508743
Abbreviated Balance Sheet
as at 31 March 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	2		2,602			1,133

Current assets
Debtors		114,622			37,075
Cash at bank and in hand		36,056			8,579
		150,678			45,654

Creditors: amounts falling due within one year		(92,845)			(29,154)

Net current assets			57,833			16,500

Total assets less current liabilities			60,435			17,633


Provisions for liabilities			(520)			(227)


Net assets			59,915			17,406

Capital and reserves
Called up share capital	3		-			-
Profit and loss account			59,915			17,406

Shareholders' funds			59,915			17,406

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Mark Peate
Director
Approved by the board on 15 December 2016

Casemax Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2016

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Equipment, fixtures & fittings			20% - 50% straight line

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

	Leasing and hire purchase commitments
	Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding. Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

2	Tangible fixed assets					£

	Cost
	At 1 April 2015					1,942
	Additions					2,910
	At 31 March 2016					4,852

	Depreciation
	At 1 April 2015					809
	Charge for the year					1,441
	At 31 March 2016					2,250

	Net book value
	At 31 March 2016					2,602
	At 31 March 2015					1,133


3	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	A Ordinary shares	£0.00001 each		50		-		-
	B Ordinary shares	£0.00001 each		50		-		-
						-		-


4	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr Mark Peate
	Interest free, short term loan, repayable on demand	4,198		7,484		(11,737)		(55)

		4,198		7,484		(11,737)		(55)