Abbreviated Company Accounts - TAYLOR WILLIAMS DALEY LIMITED

TAYLOR WILLIAMS DALEY LIMITED - Company Information

Registered Number 07444264

TAYLOR WILLIAMS DALEY LIMITED

Abbreviated Accounts

30 November 2015

TAYLOR WILLIAMS DALEY LIMITED Registered Number 07444264

Abbreviated Balance Sheet as at 30 November 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	239,997	239,997
Tangible assets	3	6,615	8,854
		246,612	248,851
Current assets
Debtors		165,212	92,731
Cash at bank and in hand		54,969	114,337
		220,181	207,068
Creditors: amounts falling due within one year		(113,249)	(101,739)
Net current assets (liabilities)		106,932	105,329
Total assets less current liabilities		353,544	354,180
Total net assets (liabilities)		353,544	354,180
Capital and reserves
Called up share capital		3	3
Profit and loss account		353,541	354,177
Shareholders' funds		353,544	354,180

For the year ending 30 November 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 29 February 2016

And signed on their behalf by:
M Williams, Director

TAYLOR WILLIAMS DALEY LIMITED Registered Number 07444264

Notes to the Abbreviated Accounts for the period ended 30 November 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 January 2015).

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.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their
estimated useful lives.

Plant and machinery 20% straight line

Valuation information and policy
Foreign Currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction.
Monetary assets and liabilities denominated in foreign currencies are translated at the rate of
exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

2Intangible fixed assets

	£
Cost
At 1 December 2014	239,997
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2015	239,997
Amortisation
At 1 December 2014	-
Charge for the year	-
On disposals	-
At 30 November 2015	-
Net book values
At 30 November 2015	239,997
At 30 November 2014	239,997

3Tangible fixed assets

	£
Cost
At 1 December 2014	15,505
Additions	967
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2015	16,472
Depreciation
At 1 December 2014	6,651
Charge for the year	3,206
On disposals	-
At 30 November 2015	9,857
Net book values
At 30 November 2015	6,615
At 30 November 2014	8,854