To Enterprises Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03940755 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

TO ENTERPRISES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs V Y F To

Miss J To

SECRETARY:

Mrs V Y F To

REGISTERED OFFICE:

Rutland House

90-92 Baxter Avenue

Southend on Sea

Essex

SS2 6HZ

REGISTERED NUMBER:

03940755 (England and Wales)

ACCOUNTANTS:

Goldwyns Limited

Chartered Accountants

Rutland House

90-92 Baxter Avenue

Southend on Sea

Essex

SS2 6HZ

FIXED ASSETS

Tangible assets

2

23,447

31,221

CURRENT ASSETS

Stocks

133,446

380,452

Debtors

163,966

182,347

Cash at bank and in hand

58,088

35,512

355,500

598,311

CREDITORS

Amounts falling due within one year

3

245,389

282,761

NET CURRENT ASSETS

110,111

315,550

TOTAL ASSETS LESS CURRENT
LIABILITIES

133,558

346,771

CREDITORS

Amounts falling due after more than one
year

-

(158,265

)

PROVISIONS FOR LIABILITIES

(2,230

)

(3,110

)

NET ASSETS

131,328

185,396

CAPITAL AND RESERVES

Called up share capital

4

1,000

Share premium

49,900

Profit and loss account

80,428

134,496

SHAREHOLDERS' FUNDS

131,328

185,396

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 12 August 2016 and were signed on its
behalf by:

Mrs V Y F To - 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 rates in order to write off each asset over its estimated useful

life.

Short leasehold property

over 6 years

Equipment

20% per annum on cost

Motor vehicles

25% per annum 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at

the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of

exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at

the operating result.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet

and are depreciated over their estimated useful lives.

The interest element of these obligations is charged to the profit and loss account over the relevant

period using the sum of digits method . The capital element of future payments is treated as a liability.

Operating lease rentals are charged to the profit and loss account in the period when the rental arises.

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 April 2015

and 31 March 2016

236,436

DEPRECIATION

At 1 April 2015

205,215

Charge for year

7,774

At 31 March 2016

212,989

NET BOOK VALUE

At 31 March 2016

23,447

At 31 March 2015

31,221

3.

CREDITORS

Creditors include an amount of £ 0 (2015 - £ 7,949 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1,000

Ordinary

£1

1,000