T.M. Watts Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05719185 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST JULY 2014

FOR

T.M. WATTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

T Watts

SECRETARY:

Mrs M Watts

REGISTERED OFFICE:

4 Clews Road

Redditch

Worcestershire

B98 7ST

REGISTERED NUMBER:

05719185 (England and Wales)

ACCOUNTANTS:

Hayward Wright Ltd

4 Clews Road

Redditch

Worcestershire

B98 7ST

FIXED ASSETS

Tangible assets

2

45,400

45,400

Investments

3

1

1

45,401

45,401

CURRENT ASSETS

Investments

53,730

69,730

Cash at bank

1,891

1,066

55,621

70,796

CREDITORS

Amounts falling due within one year

8,189

24,519

NET CURRENT ASSETS

47,432

46,277

TOTAL ASSETS LESS CURRENT LIABILITIES

92,833

91,678

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

92,832

91,677

SHAREHOLDERS' FUNDS

92,833

91,678

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 30th April 2015 and were signed by:

T Watts - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Tangible fixed assets

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

Land and buildings

-

not provided

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st August 2013

and 31st July 2014

45,400

NET BOOK VALUE

At 31st July 2014

45,400

At 31st July 2013

45,400

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1st August 2013

and 31st July 2014

1

NET BOOK VALUE

At 31st July 2014

1

At 31st July 2013

1

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Joint venture

Tildesley & Watts Limited

Nature of business: Joiners and carpenters

%

Class of shares:

holding

Ordinary

50.00

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

£1

1

1