Abbreviated Company Accounts - TEW BROTHERS LIMITED

Abbreviated Company Accounts - TEW BROTHERS LIMITED

TEW BROTHERS LIMITED - Company Information

Print Friendly Version

Registered Number 02799751

TEW BROTHERS LIMITED

Abbreviated Accounts

31 March 2015

TEW BROTHERS LIMITED Registered Number 02799751

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 244,319 187,040
244,319 187,040
Current assets
Stocks 21,000 21,000
Debtors 1,549,040 1,462,535
Cash at bank and in hand 6,610 10,796
1,576,650 1,494,331
Creditors: amounts falling due within one year (1,030,039) (900,232)
Net current assets (liabilities) 546,611 594,099
Total assets less current liabilities 790,930 781,139
Creditors: amounts falling due after more than one year (94,142) (73,927)
Provisions for liabilities (38,801) (27,934)
Total net assets (liabilities) 657,987 679,278
Capital and reserves
Called up share capital 10,000 10,000
Profit and loss account 647,987 669,278
Shareholders' funds 657,987 679,278
  • For the year ending 31 March 2015 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 17 November 2015

And signed on their behalf by:
Mr S Tew, Director

TEW BROTHERS LIMITED Registered Number 02799751

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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 is based on invoiced sales net of VAT

Tangible assets depreciation policy
Assets are depreciated as follows:-
Equipment 10% S.L.
Motor vehicles 25% R.B.

2Tangible fixed assets
£
Cost
At 1 April 2014 377,166
Additions 117,057
Disposals (50,360)
Revaluations -
Transfers -
At 31 March 2015 443,863
Depreciation
At 1 April 2014 190,126
Charge for the year 49,904
On disposals (40,486)
At 31 March 2015 199,544
Net book values
At 31 March 2015 244,319
At 31 March 2014 187,040