Abbreviated Company Accounts - TUFTON HOUSE ASSET MANAGEMENT LIMITED

TUFTON HOUSE ASSET MANAGEMENT LIMITED - Company Information

07624217 TUFTON HOUSE ASSET MANAGEMENT LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 07624217 2014-04-01 2015-03-31 07624217 2015-03-31 07624217 2014-03-31 07624217 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 07624217 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 07624217

TUFTON HOUSE ASSET MANAGEMENT LIMITED

Abbreviated Accounts

31 March 2015

TUFTON HOUSE ASSET MANAGEMENT LIMITED Registered Number 07624217

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	3,161	2,981
		3,161	2,981
Current assets
Debtors		69,100	20,414
Cash at bank and in hand		17,052	7,115
		86,152	27,529
Creditors: amounts falling due within one year		(239,979)	(241,249)
Net current assets (liabilities)		(153,827)	(213,720)
Total assets less current liabilities		(150,666)	(210,739)
Total net assets (liabilities)		(150,666)	(210,739)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(150,766)	(210,839)
Shareholders' funds		(150,666)	(210,739)

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 24 December 2015

And signed on their behalf by:
William Stevenson, Director

TUFTON HOUSE ASSET MANAGEMENT LIMITED Registered Number 07624217

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 represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of services falling within the company’s ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 33% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2014	5,039
Additions	2,293
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	7,332
Depreciation
At 1 April 2014	2,058
Charge for the year	2,113
On disposals	-
At 31 March 2015	4,171
Net book values
At 31 March 2015	3,161
At 31 March 2014	2,981

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100

Going Concern

The financial statements are prepared on a going concern basis. The company is reliant on the support of the directors. The directors are not aware of any circumstances which could cause the support to be withdrawn.