Abbreviated Company Accounts - THORNSDALE LIMITED

THORNSDALE LIMITED - Company Information

07654490 THORNSDALE LIMITED 2015-06-30 false 2014-07-01 2015-06-30 true 07654490 2014-07-01 2015-06-30 07654490 2015-06-30 07654490 2014-06-30 07654490 uk-gaap-cd-bus:Director1 2014-07-01 2015-06-30 07654490 uk-gaap-cd-bus:Director2 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 iso4217:GBP shares

Registered Number 07654490

THORNSDALE LIMITED

Abbreviated Accounts

30 June 2015

THORNSDALE LIMITED Registered Number 07654490

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		£	£
Current assets
Stocks		2,005,295	1,526,660
Debtors		27,500	7,800
Cash at bank and in hand		323,987	6,813
		2,356,782	1,541,273
Creditors: amounts falling due within one year	2	(2,320,570)	(1,547,287)
Net current assets (liabilities)		36,212	(6,014)
Total assets less current liabilities		36,212	(6,014)
Total net assets (liabilities)		36,212	(6,014)
Capital and reserves
Called up share capital	3	300	300
Profit and loss account		35,912	(6,314)
Shareholders' funds		36,212	(6,014)

For the year ending 30 June 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 March 2016

And signed on their behalf by:
Mr M Flannery, Director

THORNSDALE LIMITED Registered Number 07654490

Notes to the Abbreviated Accounts for the period ended 30 June 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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Other accounting policies
Stocks
Stock is valued at the lower of cost and net realisable value.

2Creditors

	2015 £	2014 £
Secured Debts	1,279,940	474,639

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

	2015 £	2014 £
300 A Ordinary shares of £1 each	300	300