Abbreviated Company Accounts - TYREE INVESTMENTS LIMITED

Abbreviated Company Accounts - TYREE INVESTMENTS LIMITED


Registered Number SC418399

TYREE INVESTMENTS LIMITED

Abbreviated Accounts

31 March 2015

TYREE INVESTMENTS LIMITED Registered Number SC418399

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets - -
- -
Current assets
Stocks 403,033 260,131
Debtors 3,600 19,626
Cash at bank and in hand 2,314 7,008
408,947 286,765
Creditors: amounts falling due within one year (442,563) (307,637)
Net current assets (liabilities) (33,616) (20,872)
Total assets less current liabilities (33,616) (20,872)
Total net assets (liabilities) (33,616) (20,872)
Capital and reserves
Called up share capital 2 4 4
Profit and loss account (33,620) (20,876)
Shareholders' funds (33,616) (20,872)
  • 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 9 March 2016

And signed on their behalf by:
Robert Williams, Director

TYREE INVESTMENTS LIMITED Registered Number SC418399

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 goods falling within the company's ordinary activities.

Valuation information and policy
Stock

Stock is valued at the lower of cost and net realisable value

Other accounting policies
Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax.

Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences revers, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

2Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
4 Ordinary shares of £1 each 4 4