Accounts filed on 31-12-2015

TETZLAFF FINANCE SOLUTIONS LIMITED - Company Information

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Company Registration Number:
07831919 (England and Wales)

Report of the Directors and Unaudited Financial Statements

Period of accounts

Start date: 01 January 2015

End date: 31 December 2015

Contents of the Financial Statements

for the Period Ended 31 December 2015


Company Information
Report of the Directors
Profit and Loss Account
Gains and Losses
Balance sheet
Notes to the Financial Statements

Directors' Report Period Ended 31 December 2015

The directors present their report with the financial statements of the company for the period ended 31 December 2015

Directors
The directors shown below have held office during the whole of the period from
01 January 2015 to 31 December 2015
Michael Tetzlaff

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on 29 August 2016
And Signed On Behalf Of The Board By:

Name: Michael Tetzlaff
Status: Director

Profit and Loss Account

for the Period Ended 31 December 2015

	Notes	2015 £	2014 £
Turnover:		144,895	116,985
Cost of sales:		( 9,486 )	( 9,316 )
Gross profit or (loss):		135,409	107,669
Distribution costs:			0
Administrative expenses:	2, 3	( 761 )	( 742 )
Other operating income:		4,617	3,743
Operating profit or (loss):		139,265	110,670
Interest receivable and similar income:		1	20
Interest payable and similar charges:		0	0
Profit or (loss) on ordinary activities before taxation:		139,266	110,690
Tax on profit or (loss) on ordinary activities:	4	( 27,853 )	( 22,138 )
Profit or (loss) for the financial year:		111,413	88,552

The notes form part of these financial statements

Statement of total recognised gains and losses

The company does not have any gains and losses other than Profit and Loss for the period to report

Balance sheet

As at 31 December 2015

	Notes	2015 £	2014 £
Fixed assets
Total fixed assets:		0	0
Current assets
Stocks:		0	0
Debtors:	6	11,580	8,382
Cash at bank and in hand:		62,117	39,248
Total current assets:		73,697	47,630
Creditors: amounts falling due within one year:	7	( 36,261 )	( 28,441 )
Net current assets (liabilities):		37,436	19,189
Total assets less current liabilities:		37,436	19,189
Creditors: amounts falling due after more than one year:		0	0
Provision for liabilities:		0	0
Total net assets (liabilities):		37,436	19,189

The notes form part of these financial statements

Balance sheet continued

As at 31 December 2015

	Notes	2015 £	2014 £
Capital and reserves
Called up share capital:	8	1	1
Revaluation reserve:		0	0
Profit and loss account:	9	37,435	19,188
Shareholders funds:		37,436	19,189

For the year ending 31 December 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 29 August 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Michael Tetzlaff
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2015

1. Accounting policies

Basis of measurement and preparation of accounts

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

Turnover policy

The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

Notes to the Financial Statements

for the Period Ended 31 December 2015

2. Directors' remuneration

	2015 £	2014 £
Directors' remuneration:	8,060	7,890
Value of contributions to directors' pensions:	0	0
TOTAL:	8,060	7,890

Notes to the Financial Statements

for the Period Ended 31 December 2015

3. Employees

	2015 £	2014 £
Wages and salaries:	8,060	7,890
Social security costs:	0	0
Pension costs:	0	0
Total staff costs:	8,060	7,890
Average number of employees including directors during the period:	1	1

Notes to the Financial Statements

for the Period Ended 31 December 2015

4. Taxation

The tax charge on the profit on ordinary activities for the period was as follows:

	2015 £	2014 £
UK Corporation tax:	27,853	22,138
Deferred tax:	0	0
Tax on profit or (loss) on ordinary activities:	27,853	22,138
Profit or (loss) on ordinary activities before taxation:	139,266	110,690
Profit or (loss) on ordinary activities before taxation multiplied by the rate(s) of Corporation Tax applicable:	27,853	22,138
Expense not deductable for tax purposes:	0	0
Accelerated capital allowances:	0	0
Any other adjustments:	0	0
Current tax charge or (credit):	27,853	22,138

Notes to the Financial Statements

for the Period Ended 31 December 2015

5. Dividends

	2015 £	2014 £
Dividends paid on ordinary shares:	93,166	90,457
Dividends paid on preference shares:	0	0
Total dividends paid:	93,166	90,457

Notes to the Financial Statements

for the Period Ended 31 December 2015

6. Debtors

	2015 £	2014 £
Trade debtors:	11,580	8,382
Prepayments and accrued income:	0	0
Other debtors:	0	0
Total:	11,580	8,382

Notes to the Financial Statements

for the Period Ended 31 December 2015

7. Creditors: amounts falling due within one year

	2015 £	2014 £
Bank loans and overdrafts:	0	0
Amounts due under finance leases and hire purchase contracts:	0	0
Trade creditors:	0	0
Taxation and social security:	36,261	28,441
Accruals and deferred income:	0	0
Other creditors:	0	0
Total:	36,261	28,441

Notes to the Financial Statements

for the Period Ended 31 December 2015

8. Called up share capital

Allotted, called up and paid

Previous period			2014
Class	Number of shares	Nominal value per share (£)	Total (£)
Ordinary shares:	1	1.00	1
Preference shares:	0	0.00	0
Total share capital (£):			1

Current period			2015
Class	Number of shares	Nominal value per share (£)	Total (£)
Ordinary shares:	1	1.00	1
Preference shares:	0	0.00	0
Total share capital (£):			1

Notes to the Financial Statements

for the Period Ended 31 December 2015

9. Profit and loss account

	2015 £	2014 £
Opening balance:	19,188	21,093
Profit or (loss) for the period:	111,413	88,552
Equity dividends paid:	( 93,166 )	( 90,457 )
Retained profit:	37,435	19,188

Director:		Michael Tetzlaff


Secretary:		Anna Tetzlaff


Registered office:		2 Southway Hayes Bromley Kent BR2 7NR


Company Registration Number:		07831919 (England and Wales)

Accounts filed on 31-12-2015