Tree Tops Forestry Limited - Abbreviated accounts 16.1

Tree Tops Forestry Limited - Abbreviated accounts 16.1

TREE TOPS FORESTRY LIMITED - Company Information

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REGISTERED NUMBER: 09424786 (England and Wales)














ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 5 FEBRUARY 2015 TO 28 FEBRUARY 2016

FOR

TREE TOPS FORESTRY LIMITED

TREE TOPS FORESTRY LIMITED (REGISTERED NUMBER: 09424786)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the period 5 FEBRUARY 2015 TO 28 FEBRUARY 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

TREE TOPS FORESTRY LIMITED

COMPANY INFORMATION
for the period 5 FEBRUARY 2015 TO 28 FEBRUARY 2016







DIRECTOR: J Strange





REGISTERED OFFICE: Miller Cottage
Scalegill
Kirkby Malham
Skipton
North Yorkshire
BD23 4BN





REGISTERED NUMBER: 09424786 (England and Wales)





ACCOUNTANTS: Elsby & Company Ltd
Thistle Down Barn
Holcot Lane
Sywell
Northants
Northamptonshire
NN6 0BG
Page 1
TREE TOPS FORESTRY LIMITED (REGISTERED NUMBER: 09424786)

ABBREVIATED BALANCE SHEET
28 FEBRUARY 2016

Notes £    £   
FIXED ASSETS
Intangible assets 2 22,622
Tangible assets 3 20,108
42,730

CURRENT ASSETS
Stocks 2,314
Cash at bank 13,109
15,423
CREDITORS
Amounts falling due within one year 36,143
NET CURRENT LIABILITIES (20,720 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
22,010

CREDITORS
Amounts falling due after more than one year 9,814
NET ASSETS 12,196

CAPITAL AND RESERVES
Called up share capital 4 100
Profit and loss account 12,096
SHAREHOLDERS' FUNDS 12,196

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2016 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 notes form part of these abbreviated accounts

Page 2 continued...
TREE TOPS FORESTRY LIMITED (REGISTERED NUMBER: 09424786)

ABBREVIATED BALANCE SHEET - continued
28 FEBRUARY 2016


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 17 June 2016 and were signed by:





J Strange - Director


The notes form part of these abbreviated accounts

Page 3
TREE TOPS FORESTRY LIMITED (REGISTERED NUMBER: 09424786)

NOTES TO THE ABBREVIATED ACCOUNTS
for the period 5 FEBRUARY 2015 TO 28 FEBRUARY 2016

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 January 2015).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to leasehold - 33% on cost
Plant and machinery - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet
date.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire
purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over
their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital
element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the
lease.

Page 4 continued...
TREE TOPS FORESTRY LIMITED (REGISTERED NUMBER: 09424786)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the period 5 FEBRUARY 2015 TO 28 FEBRUARY 2016

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
Additions 25,136
At 28 February 2016 25,136
AMORTISATION
Amortisation for period 2,514
At 28 February 2016 2,514
NET BOOK VALUE

At 28 February 2016 22,622

3. TANGIBLE FIXED ASSETS
Total
£   
COST
Additions 27,440
At 28 February 2016 27,440
DEPRECIATION
Charge for period 7,332
At 28 February 2016 7,332
NET BOOK VALUE
At 28 February 2016 20,108

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1,000 Ordinary 10p 100

1,000 Ordinary shares of 10p each were allotted and fully paid for cash at par during the period.

Page 5