Abbreviated Company Accounts - TILGATE BAKERY LIMITED

TILGATE BAKERY LIMITED - Company Information

Registered Number 07896957

TILGATE BAKERY LIMITED

Abbreviated Accounts

31 December 2014

TILGATE BAKERY LIMITED Registered Number 07896957

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	5,598	6,398
Tangible assets	3	28,879	12,491
		34,477	18,889
Current assets
Stocks		1,920	1,350
Debtors		9,163	5,459
Cash at bank and in hand		5,325	3,578
		16,408	10,387
Creditors: amounts falling due within one year		(16,188)	(15,403)
Net current assets (liabilities)		220	(5,016)
Total assets less current liabilities		34,697	13,873
Creditors: amounts falling due after more than one year		(9,503)	(13,051)
Total net assets (liabilities)		25,194	822
Capital and reserves
Called up share capital		2	2
Other reserves		18,705	-
Profit and loss account		6,487	820
Shareholders' funds		25,194	822

For the year ending 31 December 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 23 September 2015

And signed on their behalf by:
J Kirkham, Director

TILGATE BAKERY LIMITED Registered Number 07896957

Notes to the Abbreviated Accounts for the period ended 31 December 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
25% on reducing balance

2Intangible fixed assets

	£
Cost
At 1 January 2014	7,998
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	7,998
Amortisation
At 1 January 2014	1,600
Charge for the year	800
On disposals	-
At 31 December 2014	2,400
Net book values
At 31 December 2014	5,598
At 31 December 2013	6,398

3Tangible fixed assets

	£
Cost
At 1 January 2014	16,722
Additions	20,616
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	37,338
Depreciation
At 1 January 2014	4,231
Charge for the year	4,228
On disposals	-
At 31 December 2014	8,459
Net book values
At 31 December 2014	28,879
At 31 December 2013	12,491