Templetons (UK) Ltd - Abbreviated accounts

Registered number

04160157

Templetons (UK) Ltd

Abbreviated Accounts

31 July 2014

Templetons (UK) Ltd

Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Templetons (UK) Ltd for the year ended 31 July 2014
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Templetons (UK) Ltd for the year ended 31 July 2014 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.
Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation.




29 January 2015

Templetons (UK) Ltd
Registered number:		04160157
Abbreviated Balance Sheet
as at 31 July 2014

Notes			2014			2013
£				£
Fixed assets
Tangible assets	2		13,768			14,424

Current assets
Debtors		745,969			734,590
Investments held as current assets		13,186			12,217
Cash at bank and in hand		23,735			5,234
		782,890			752,041

Creditors: amounts falling due within one year		(185,436)			(205,290)

Net current assets			597,454			546,751

Net assets			611,222			561,175

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			611,122			561,075

Shareholders' funds			611,222			561,175

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.
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.



S K Lakhani
Director
Approved by the board on 29 January 2015

Templetons (UK) Ltd
Notes to the Abbreviated Accounts
for the year ended 31 July 2014

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 April 2008).

	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.
	Plant and machinery			25% reduicing balance

	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.


2	Tangible fixed assets					£

	Cost
	At 1 August 2013					55,901
	Additions					3,933
	At 31 July 2014					59,834

	Depreciation
	At 1 August 2013					41,477
	Charge for the year					4,589
	At 31 July 2014					46,066

	Net book value
	At 31 July 2014					13,768
	At 31 July 2013					14,424


3	Share capital	Nominal		2014		2014		2013
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100