Abbreviated Company Accounts - LITTLE & TEW LIMITED

Abbreviated Company Accounts - LITTLE & TEW LIMITED

LITTLE & TEW LIMITED - Company Information

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Registered Number 00569304

LITTLE & TEW LIMITED

Abbreviated Accounts

31 July 2014

LITTLE & TEW LIMITED Registered Number 00569304

Abbreviated Balance Sheet as at 31 July 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 185,389 185,389
Investments 3 33,936 20,098
219,325 205,487
Current assets
Debtors 2,792 3,642
Cash at bank and in hand 12,504 13,092
15,296 16,734
Creditors: amounts falling due within one year (77,740) (84,431)
Net current assets (liabilities) (62,444) (67,697)
Total assets less current liabilities 156,881 137,790
Total net assets (liabilities) 156,881 137,790
Capital and reserves
Called up share capital 4,500 4,500
Revaluation reserve 121,826 121,826
Profit and loss account 30,555 11,464
Shareholders' funds 156,881 137,790
  • 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 10 September 2014

And signed on their behalf by:
Mrs J M Tew, Director

LITTLE & TEW LIMITED Registered Number 00569304

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 rents and other investment income.

Tangible assets depreciation policy
Tangible fixed assets other than freehold land are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold Nil% on cost

2Tangible fixed assets
£
Cost
At 1 August 2013 185,389
Additions -
Disposals -
Revaluations -
Transfers -
At 31 July 2014 185,389
Depreciation
At 1 August 2013 -
Charge for the year -
On disposals -
At 31 July 2014 -
Net book values
At 31 July 2014 185,389
At 31 July 2013 185,389

3Fixed assets Investments
Fixed asset investments are stated at cost less provision for diminution in value.