Tea Inc. Limited - Accounts

Tea Inc. Limited - Accounts

TEA INC. LIMITED - Company Information

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Tea Inc. Limited 08773666 Tea Rooms false 1 January 2018 08773666 2018-01-01 2018-12-31 08773666 2017-12-31 08773666 2018-12-31 08773666 2017-01-01 2017-12-31 08773666 2016-12-31 08773666 2017-12-31 08773666 frs102-bus:FRS102 2018-01-01 2018-12-31 08773666 frs102-bus:PrivateLimitedCompanyLtd 2018-01-01 2018-12-31 08773666 frs102-bus:FullAccounts 2018-01-01 2018-12-31 08773666 frs102-bus:AuditExemptWithAccountantsReport 2018-01-01 2018-12-31 08773666 frs102-bus:LeadAgentIfApplicable 2018-01-01 2018-12-31 08773666 frs102-core:CurrentFinancialInstruments 2018-12-31 08773666 frs102-core:CurrentFinancialInstruments 2017-12-31 08773666 frs102-core:ShareCapital 2018-12-31 08773666 frs102-core:ShareCapital 2017-12-31 08773666 frs102-core:RetainedEarningsAccumulatedLosses 2018-12-31 08773666 frs102-core:RetainedEarningsAccumulatedLosses 2017-12-31 08773666 frs102-bus:Director1 2018-01-01 2018-12-31 08773666 frs102-core:ToolsEquipment 2018-01-01 2018-12-31 08773666 frs102-core:FurnitureFittings 2018-01-01 2018-12-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
08773666
Tea Inc. Limited
Unaudited Accounts
for the year ended
31 December 2018

Tea Inc. Limited
Accountant's Report

Report to the directors on the preparation of the unaudited statutory accounts of Tea Inc. Limited for the year ended 31 December 2018.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Tea Inc. Limited for the year ended 31 December 2018 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com



................................

PAH Accounting
Chartered Certified Accountants

Unit 2, The Pound,
Coate,
Devizes,
Wiltshire,
SN10 3LG

12 September 2019


Tea Inc. Limited
Balance Sheet
as at 31 December 2018
Notes
 2018
£		 2017
£
Fixed assets
Tangible assets 6,647 3,223
6,647 3,223
Current assets
Cash at bank and in hand 4,475 5,011
4,475 5,011
Creditors: amounts falling due within one year (17,891) (13,173)
Net current assets / (liabilities) (13,416) (8,162)
Total assets less current liabilities (6,769) (4,939)
Accruals and deferred income (500) (500)
Total net assets (liabilities) (7,269) (5,439)
Capital and reserves
Called up share capital 2 2 2
Profit and loss account (7,271) (5,441)
Shareholders' funds (7,269) (5,439)

Tea Inc. Limited
Balance Sheet
as at 31 December 2018



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 December 2018 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.

Signed on behalf of the board of directors

...............................

Mrs C Richards

Director


Approved by the board on 20 September 2019

Company Number: 08773666 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

2 Cleeve House Cotages
Trowbridge Road, Seend
Melksham
Wiltshire
SN12 6PG

Tea Inc. Limited
Notes to the Accounts
for the year ended 31 December 2018

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Equipment 25% Reducing Balance
Fixtures & fittings 25% Reducing Balance
2. Share capital
2018 2017
£ £
Allotted, called up and fully paid:
2 (2017: 2) Ordinary £1 shares of £1.00 each 2 2
2 2

3. Related party disclosures

Controlling party
The company is controlled by it's Directors by virtue of joint ownership of the share capital.