TCB-Arrow Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 02149877 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

TCB-ARROW LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

L A Rolfe

M Humphries

S Cooper

SECRETARY:

Mrs K Dunlop

REGISTERED OFFICE:

Watchmoor House

Watchmoor Road

Camberley

Surrey

GU15 3AQ

REGISTERED NUMBER:

02149877 (England and Wales)

ACCOUNTANTS:

Saunders Wood & Co.

Chartered Accountants

140A Tachbrook Street

London SW1V 2NE

FIXED ASSETS

Tangible assets

2

460,779

420,599

CURRENT ASSETS

Stocks

307,470

430,789

Debtors

540,261

762,620

Cash at bank

252,165

166,363

1,099,896

1,359,772

CREDITORS

Amounts falling due within one year

3

672,931

901,337

NET CURRENT ASSETS

426,965

458,435

TOTAL ASSETS LESS CURRENT
LIABILITIES

887,744

879,034

CREDITORS

Amounts falling due after more than one
year

3

131,032

106,649

NET ASSETS

756,712

772,385

CAPITAL AND RESERVES

Called up share capital

4

100

Revaluation reserve

17,750

Profit and loss account

738,862

754,535

SHAREHOLDERS' FUNDS

756,712

772,385

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 28 July 2016 and were signed on its behalf by:

M Humphries - 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.

Short leasehold

-

in accordance with the property lease

Improvements to property

-

25% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

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 timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

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

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

1,975,246

Additions

151,232

At 31 December 2015

2,126,478

DEPRECIATION

At 1 January 2015

1,554,647

Charge for year

111,052

At 31 December 2015

1,665,699

NET BOOK VALUE

At 31 December 2015

460,779

At 31 December 2014

420,599

3.

CREDITORS

Creditors include an amount of £ 573,740 (31.12.14 - £ 506,349 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

100

Ordinary

£1

100

5.	RELATED PARTY DISCLOSURES

The rent and rates charge in the profit and loss account in the sum of £201,608 includes rent paid in the sum of

£106,683 to Lukir Properties Limited, company registration number 06520593.

Lukir Properties Limited owns 51% of the 100 issued shares in the company.