Abbreviated Company Accounts - TAIN INVESTMENTS LIMITED

TAIN INVESTMENTS LIMITED - Company Information

Registered Number SC216395

TAIN INVESTMENTS LIMITED

Abbreviated Accounts

30 April 2015

TAIN INVESTMENTS LIMITED Registered Number SC216395

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	2,471,686	2,472,165
		2,471,686	2,472,165
Current assets
Debtors		58,348	52,682
Cash at bank and in hand		4,001	8,892
		62,349	61,574
Creditors: amounts falling due within one year		(783,200)	(784,873)
Net current assets (liabilities)		(720,851)	(723,299)
Total assets less current liabilities		1,750,835	1,748,866
Creditors: amounts falling due after more than one year		(816,556)	(820,103)
Total net assets (liabilities)		934,279	928,763
Capital and reserves
Called up share capital		3	3
Revaluation reserve		1,067,721	1,067,721
Profit and loss account		(133,445)	(138,961)
Shareholders' funds		934,279	928,763

For the year ending 30 April 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 15 January 2016

And signed on their behalf by:
MR A EVANS, Director

TAIN INVESTMENTS LIMITED Registered Number SC216395

Notes to the Abbreviated Accounts for the period ended 30 April 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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset.

2Tangible fixed assets

	£
Cost
At 1 May 2014	2,480,973
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	2,480,973
Depreciation
At 1 May 2014	8,808
Charge for the year	479
On disposals	-
At 30 April 2015	9,287
Net book values
At 30 April 2015	2,471,686
At 30 April 2014	2,472,165