Abbreviated Company Accounts - TEES VALLEY CABS LIMITED

TEES VALLEY CABS LIMITED - Company Information

05502635 TEES VALLEY CABS LIMITED 2014-07-31 false 2013-08-01 2014-07-31 true 05502635 2013-08-01 2014-07-31 05502635 2014-07-31 05502635 2013-07-31 05502635 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 05502635 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 iso4217:GBP shares

Registered Number 05502635

TEES VALLEY CABS LIMITED

Abbreviated Accounts

31 July 2014

TEES VALLEY CABS LIMITED Registered Number 05502635

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	17,133	20,156
		17,133	20,156
Current assets
Cash at bank and in hand		15,210	10,773
		15,210	10,773
Creditors: amounts falling due within one year		(5,267)	(5,377)
Net current assets (liabilities)		9,943	5,396
Total assets less current liabilities		27,076	25,552
Total net assets (liabilities)		27,076	25,552
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		27,074	25,550
Shareholders' funds		27,076	25,552

For the year ending 31 July 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 30 April 2015

And signed on their behalf by:
m mahroof, Director

TEES VALLEY CABS LIMITED Registered Number 05502635

Notes to the Abbreviated Accounts for the period ended 31 July 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 the total invoice value, excluding value added tax, of sales made during the

Tangible assets depreciation policy
Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows:

Fixtures, fittings and equipment - 15% Reducing Balance
Motor vehicles - 15% Reducing Balance

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

2Tangible fixed assets

	£
Cost
At 1 August 2013	54,350
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	54,350
Depreciation
At 1 August 2013	34,194
Charge for the year	3,023
On disposals	-
At 31 July 2014	37,217
Net book values
At 31 July 2014	17,133
At 31 July 2013	20,156

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

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2