Abbreviated Company Accounts - THE TIFFUM PARTNERSHIP LIMITED

Abbreviated Company Accounts - THE TIFFUM PARTNERSHIP LIMITED


Registered Number 04757840

THE TIFFUM PARTNERSHIP LIMITED

Abbreviated Accounts

30 September 2015

THE TIFFUM PARTNERSHIP LIMITED Registered Number 04757840

Abbreviated Balance Sheet as at 30 September 2015

Notes 2015 2014
£ £
Current assets
Debtors 39,948 14,688
Cash at bank and in hand 469 -
40,417 14,688
Creditors: amounts falling due within one year (38,183) (13,144)
Net current assets (liabilities) 2,234 1,544
Total assets less current liabilities 2,234 1,544
Total net assets (liabilities) 2,234 1,544
Capital and reserves
Called up share capital 2 2 2
Profit and loss account 2,232 1,542
Shareholders' funds 2,234 1,544
  • For the year ending 30 September 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 June 2016

And signed on their behalf by:
N Muffit, Director

THE TIFFUM PARTNERSHIP LIMITED Registered Number 04757840

Notes to the Abbreviated Accounts for the period ended 30 September 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 amounts chargeable in respect of the sale of goods and services to customers.

Other accounting policies
Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

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