Titterton Cheese Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04576766

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2015

FOR

TITTERTON CHEESE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs EJ Titterton

Mrs S M Warburton

SECRETARY:

Mrs EJ Titterton

REGISTERED OFFICE:

4 Buckley Close

Bramshall

Uttoxeter

Staffordshire

ST14 5NN

REGISTERED NUMBER:

04576766

ACCOUNTANTS:

Wynniatt-Husey Ltd

Chartered Accountants

The Old Coach House

Horse fair

Rugeley

Staffordshire

WS15 2EL

FIXED ASSETS

316

Tangible assets

2

-

CURRENT ASSETS

1,000

Stocks

950

1,991

Debtors

2,476

4,663

Cash at bank

3,765

7,654

7,191

CREDITORS

7,816

Amounts falling due within one year

7,180

(162

)

NET CURRENT ASSETS/(LIABILITIES)

11

154

TOTAL ASSETS LESS CURRENT
LIABILITIES

11

63

PROVISIONS FOR LIABILITIES

-

91

NET ASSETS

11

CAPITAL AND RESERVES

2

Called up share capital

3

2

89

Profit and loss account

9

91

SHAREHOLDERS' FUNDS

11

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 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 4 February 2016 and were signed on its behalf by:

Mrs EJ Titterton - 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 January 2015).

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

-

10% on cost

Office equipment

-

33% on cost

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 timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

and 31 October 2015

8,332

DEPRECIATION

At 1 November 2014

8,016

Charge for year

316

At 31 October 2015

8,332

NET BOOK VALUE

At 31 October 2015

-

At 31 October 2014

316

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.15

31.10.14

value:

£

2

Ordinary

£1

2