REGISTERED NUMBER: 04677397 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2013

FOR

CBS (ELY) LTD

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTORS:

D J Massot

S Kundi

SECRETARY:

S Kundi

REGISTERED OFFICE:

King's View House

3 Bartholomew's Walk

Cambridgeshire Business Park

Ely

Cambs.

CB7 4EA

REGISTERED NUMBER:

04677397 (England and Wales)

ACCOUNTANTS:

Hardcastle Burton (Newmarket) Limited

Chartered Accountants

90 High Street

Newmarket

Suffolk

CB8 8FE

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited

financial statements, from which the unaudited abbreviated accounts (set out on pages three to seven) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of CBS (Ely) Ltd for the year ended 30 June 2013 which comprise the Profit and Loss Account, 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 (ICAEW), 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 CBS (Ely) Ltd, as a body, in accordance with our terms of engagement. Our

work has been undertaken solely to prepare for your approval the financial statements of CBS (Ely) Ltd and state those matters that

we have agreed to state to the Board of Directors of CBS (Ely) Ltd, 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 the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that CBS (Ely) Ltd has kept adequate accounting records and to prepare statutory financial statements that

give a true and fair view of the assets, liabilities, financial position and profit of CBS (Ely) Ltd. You consider that CBS (Ely) Ltd 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 financial statements of CBS (Ely) Ltd. 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 statutory financial statements.

Hardcastle Burton (Newmarket) Limited

Chartered Accountants

90 High Street

Newmarket

Suffolk

CB8 8FE

16 October 2013

FIXED ASSETS

Tangible assets

2

85,518

92,171

Investments

3

71

71

85,589

92,242

CURRENT ASSETS

Stocks

30,730

6,765

Debtors

367,977

406,560

Cash at bank and in hand

707,663

537,238

1,106,370

950,563

CREDITORS

Amounts falling due within one year

337,492

366,366

NET CURRENT ASSETS

768,878

584,197

TOTAL ASSETS LESS CURRENT LIABILITIES

854,467

676,439

ACCRUALS AND DEFERRED INCOME

285,048

492,316

NET ASSETS

569,419

184,123

CAPITAL AND RESERVES

Called up share capital

4

98

98

Profit and loss account

569,321

184,025

SHAREHOLDERS' FUNDS

569,419

184,123

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 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 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 11 October 2013 and were signed on its behalf by:

D J Massot - Director

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).

Preparation of consolidated financial statements

The financial statements contain information about CBS (Ely) Ltd as an individual company and do not contain

consolidated financial information as the parent of a group. The company has taken the option under Section 398 of the

Companies Act 2006 not to prepare consolidated financial statements.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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

-

Straight line over 4 years

Fixtures and fittings

-

Straight line over 4 years

Motor vehicles

-

Straight line over 4 years

Computer equipment

-

Straight line over 4 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet

date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction.

Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are

charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2012

215,504

Additions

27,237

At 30 June 2013

242,741

DEPRECIATION

At 1 July 2012

123,333

Charge for year

33,890

At 30 June 2013

157,223

NET BOOK VALUE

At 30 June 2013

85,518

At 30 June 2012

92,171

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 July 2012

and 30 June 2013

71

NET BOOK VALUE

At 30 June 2013

71

At 30 June 2012

71

The company's investments at the balance sheet date in the share capital of companies include the following:

Nolcom Communications Limited

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

2013

2012

£

£

Aggregate capital and reserves

70

70

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

98

Ordinary

£1

98

98

5.	ULTIMATE PARENT COMPANY

Cromwell Business Systems Limited is regarded by the directors as being the company's ultimate parent company.