Abbreviated Company Accounts - TORTOU LIMITED

06903921 TORTOU LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true 06903921 2013-06-01 2014-05-31 06903921 2014-05-31 06903921 2013-05-31 06903921 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 06903921 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 06903921

TORTOU LIMITED

Abbreviated Accounts

31 May 2014

TORTOU LIMITED Registered Number 06903921

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,117	1,142
		1,117	1,142
Current assets
Stocks		6,756	6,756
Cash at bank and in hand		1	70
		6,757	6,826
Creditors: amounts falling due within one year		(8,419)	(8,419)
Net current assets (liabilities)		(1,662)	(1,593)
Total assets less current liabilities		(545)	(451)
Total net assets (liabilities)		(545)	(451)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(645)	(551)
Shareholders' funds		(545)	(451)

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 18 February 2015

And signed on their behalf by:
Ava Avari, Director

TORTOU LIMITED Registered Number 06903921

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.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Land and Buildings - Straight Line over fifty years

Valuation information and policy
Stock is valued at the lower of cost and net realisable value

Other accounting policies
Deferred Taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

Going Concern
The Company is reliant on the continued financial support of the director to enable it to meet its liabilities as they fall due.

2Tangible fixed assets

	£
Cost
At 1 June 2013	1,242
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	1,242
Depreciation
At 1 June 2013	100
Charge for the year	25
On disposals	-
At 31 May 2014	125
Net book values
At 31 May 2014	1,117
At 31 May 2013	1,142

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100