Tom Sorell Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04607798 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

TOM SORELL LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Dr T Sorell

SECRETARY:

Dr A Finlay

REGISTERED OFFICE:

1 Brewery House

Brook Street

Wivenhoe

Essex

CO7 9DS

REGISTERED NUMBER:

04607798 (England and Wales)

ACCOUNTANTS:

Martyn Lewis Chartered Accountants

1 Brewery House

Brook Street

Wivenhoe

Essex

C07 9DS

FIXED ASSETS

Tangible assets

2

151

201

CURRENT ASSETS

Debtors

120

170

Cash at bank

15,498

16,422

15,618

16,592

CREDITORS

Amounts falling due within one year

9,869

9,268

NET CURRENT ASSETS

5,749

7,324

TOTAL ASSETS LESS CURRENT LIABILITIES

5,900

7,525

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

5,899

7,524

SHAREHOLDERS' FUNDS

5,900

7,525

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 26 September 2014 and were signed by:

Dr T Sorell - 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.

Plant and machinery etc

-

25% 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 January 2013

and 31 December 2013

1,714

DEPRECIATION

At 1 January 2013

1,513

Charge for year

50

At 31 December 2013

1,563

NET BOOK VALUE

At 31 December 2013

151

At 31 December 2012

201

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

1

Ordinary Shares

£1

1

1