Accounts filed on 31-03-2015
Accounts filed on 31-03-2015
Registered number: 03811002 | ||||||||
FOR THE YEAR ENDED 31 MARCH 2015 | ||||||||
Prepared By: | ||||||||
Chartered Accountants | ||||||||
Thatcham | ||||||||
Berkshire | ||||||||
Tim Wale Ltd | ||||||||
ABBREVIATED ACCOUNTS | ||||||||
FOR THE YEAR ENDED | ||||||||
INDEX TO THE ACCOUNTS | ||||||||
Abbreviated Balance Sheet | 2 | |||||||
Notes to the Abbreviated Accounts | 3 | |||||||
The company's registered number is 03811002 | ||||||||
Tim Wale Ltd | ||||||||
Registered Number: 03811002 | ||||||||||
BALANCE SHEET AT 31 MARCH 2015 | ||||||||||
2015 | 2014 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors (amounts falling due within one year) | 3 | |||||||||
Debtors (amounts falling due after more than one year) | 3 | |||||||||
35,685 | ||||||||||
CREDITORS: Amounts falling due within one year | ||||||||||
NET CURRENT ASSETS | ||||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 4 | |||||||||
NET (LIABILITIES) / ASSETS | ( | |||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 5 | |||||||||
Profit and loss account | ( | |||||||||
SHAREHOLDERS' FUNDS | ( | |||||||||
Approved by the board on | ||||||||||
Director | ||||||||||
Tim Wale Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 MARCH 2015 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
1b. Cash Flow Statement | ||||||||
1c. Depreciation | ||||||||
Plant and Machinery | ||||||||
Fixtures and Fittings | ||||||||
Equipment | ||||||||
Motor Cars |
1d. Investment Properties | ||||||||
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. |
1e. Stocks | ||||||||
1f. Taxation | ||||||||
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted. |
1g. Turnover | ||||||||
Tim Wale Ltd | ||||||||
2. TANGIBLE FIXED ASSETS | ||||||||||||
Investment | Plant and | Fixtures | ||||||||||
Properties | Machinery | and Fittings | Equipment | Motor Cars | Total | |||||||
£ | £ | £ | £ | £ | £ | |||||||
Cost | ||||||||||||
At 1 April 2014 | ||||||||||||
Additions | ||||||||||||
At 31 March 2015 | 3,139 | 13,176 | 2,145 | 2,541 | 3,400 | 24,401 | ||||||
Depreciation | ||||||||||||
At 1 April 2014 | ||||||||||||
For the year | ||||||||||||
At 31 March 2015 | ||||||||||||
Net Book Amounts | ||||||||||||
At 31 March 2015 | ||||||||||||
At 31 March 2014 | ||||||||||||
3. DEBTORS | 2015 | 2014 | ||||||
£ | £ | |||||||
Amounts falling due within one year: | ||||||||
Trade debtors | ||||||||
Other debtors | ||||||||
Amounts falling due after more than one year: | ||||||||
Long term debtor | ||||||||
4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2015 | 2014 | |||||||
£ | £ | |||||||
Bank loans and overdrafts | 17,754 | 18,467 | ||||||
5. SHARE CAPITAL | 2015 | 2014 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
2 | 2 | |||||||
Tim Wale Ltd | ||||||||
6. TRANSACTIONS WITH DIRECTORS | ||||||||
As of 31 March 2013 there was outstanding loan to a director of the company of £7,879. During the year the company made a further loan to the director of £17,372. As of 31 March 2014 the outstanding balance of the loan to the director was £25,251 | ||||||||