Tomo Prestige Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07519653 (England and Wales)

Abbreviated Accounts for the Year Ended 28 February 2014

for

Tomo Prestige Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr D Perkins

Mr D Perkins

REGISTERED OFFICE:

Unit 1

Tomo Industrial Estate

Packet Boat Lane

Cowley

Middlesex

UB8 2JP

REGISTERED NUMBER:

07519653 (England and Wales)

ACCOUNTANTS:

Blackborn Ltd

131 High Street

Chalfont St Peter

Buckinghamshire

SL9 9QJ

FIXED ASSETS

Tangible assets

2

9,654

1,634

CURRENT ASSETS

Stocks

3,679

-

Debtors

251,210

123,496

Cash at bank and in hand

3,328

29,111

258,217

152,607

CREDITORS

Amounts falling due within one year

110,699

45,174

NET CURRENT ASSETS

147,518

107,433

TOTAL ASSETS LESS CURRENT LIABILITIES

157,172

109,067

CAPITAL AND RESERVES

Called up share capital

3

75,000

75,000

Profit and loss account

82,172

34,067

SHAREHOLDERS' FUNDS

157,172

109,067

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 8 September 2014 and were signed on its behalf by:

Mr D Perkins - 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 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.

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Deferred tax

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

the balance sheet date, where not material deferred tax is not provided for.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2013

2,178

Additions

11,238

At 28 February 2014

13,416

DEPRECIATION

At 1 March 2013

544

Charge for year

3,218

At 28 February 2014

3,762

NET BOOK VALUE

At 28 February 2014

9,654

At 28 February 2013

1,634

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28/2/14

28/2/13

value:

£

£

75,000

Ordinary

£1

75,000

75,000