Abbreviated Company Accounts - T.D. MORTON LIMITED

T.D. MORTON LIMITED - Company Information

04756314 T.D. MORTON LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true 04756314 2013-06-01 2014-05-31 04756314 2014-05-31 04756314 2013-05-31 04756314 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 04756314 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 iso4217:GBP shares

Registered Number 04756314

T.D. MORTON LIMITED

Abbreviated Accounts

31 May 2014

T.D. MORTON LIMITED Registered Number 04756314

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets	2	2,000	5,000
Tangible assets	3	24,080	26,497
Investments		-	-
		26,080	31,497
Current assets
Stocks		6,124	5,947
Debtors		10,108	11,386
Investments		-	-
Cash at bank and in hand		14,715	22,130
		30,947	39,463
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(32,620)	(54,059)
Net current assets (liabilities)		(1,673)	(14,596)
Total assets less current liabilities		24,407	16,901
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		(3,591)	(5,048)
Accruals and deferred income		0	0
Total net assets (liabilities)		20,816	11,853
Capital and reserves
Called up share capital	4	2,000	2,000
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		18,816	9,853
Shareholders' funds		20,816	11,853

For the year ending 31 May 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 25 February 2015

And signed on their behalf by:
D G Morton, Director

T.D. MORTON LIMITED Registered Number 04756314

Notes to the Abbreviated Accounts for the period ended 31 May 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced sales of goods and services excluding value added tax

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 20% on reducing balance, 15% on reducing balance and 10% on reducing balance

Intangible assets amortisation policy
Goodwill being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of 12 years.

2Intangible fixed assets

	£
Cost
At 1 June 2013	35,000
Additions	0
Disposals	0
Revaluations	0
Transfers	0
At 31 May 2014	35,000
Amortisation
At 1 June 2013	30,000
Charge for the year	3,000
On disposals	0
At 31 May 2014	33,000
Net book values
At 31 May 2014	2,000
At 31 May 2013	5,000

3Tangible fixed assets

	£
Cost
At 1 June 2013	55,916
Additions	777
Disposals	0
Revaluations	0
Transfers	0
At 31 May 2014	56,693
Depreciation
At 1 June 2013	29,419
Charge for the year	3,194
On disposals	0
At 31 May 2014	32,613
Net book values
At 31 May 2014	24,080
At 31 May 2013	26,497

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2,000 A Ordinary shares of £1 each	2,000	2,000