Totley Grove Estates Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08506938 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2015

FOR

TOTLEY GROVE ESTATES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs N Waugh

REGISTERED OFFICE:

Grove House

Hillfoot Road

Totley

Sheffield

S17 3AX

REGISTERED NUMBER:

08506938 (England and Wales)

ACCOUNTANTS:

Booth Lynch & Co Limited

4 The Dell

Woodlaithes Village

Rotherham

S66 3ZQ

FIXED ASSETS

Tangible assets

2

283,318

305,528

CURRENT ASSETS

Cash at bank

21,906

24,472

CREDITORS

Amounts falling due within one year

3

179,200

133,338

NET CURRENT LIABILITIES

(157,294

)

(108,866

)

TOTAL ASSETS LESS CURRENT LIABILITIES

126,024

196,662

CREDITORS

Amounts falling due after more than one year

3

-

110,000

NET ASSETS

126,024

86,662

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

126,023

86,661

SHAREHOLDERS' FUNDS

126,024

86,662

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 18 January 2016 and were signed by:

Mrs N Waugh - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

not provided

Fixtures and fittings

-

15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

305,528

Additions

6,811

Disposals

(28,000

)

At 30 April 2015

284,339

DEPRECIATION

Charge for year

1,021

At 30 April 2015

1,021

NET BOOK VALUE

At 30 April 2015

283,318

At 30 April 2014

305,528

3.

CREDITORS

Creditors include an amount of £ 96,000 (30.4.14 - £ 220,000 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

£

1

Ordinary Shares

£1

1

1