Abbreviated Company Accounts - TARGET UMBRELLA LIMITED

TARGET UMBRELLA LIMITED - Company Information

NI601264 TARGET UMBRELLA LIMITED 2015-11-30 false 2014-12-01 2015-11-30 true NI601264 2014-12-01 2015-11-30 NI601264 2015-11-30 NI601264 2014-11-30 NI601264 uk-gaap-cd-bus:Director1 2014-12-01 2015-11-30 NI601264 uk-gaap-cd-bus:Director2 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 iso4217:GBP shares

Registered Number NI601264

TARGET UMBRELLA LIMITED

Abbreviated Accounts

30 November 2015

TARGET UMBRELLA LIMITED Registered Number NI601264

Abbreviated Balance Sheet as at 30 November 2015

	Notes	2015	2014
		£	£
Current assets
Debtors		528,622	629,437
Cash at bank and in hand		466,616	190,667
		995,238	820,104
Prepayments and accrued income		818,250	356,694
Creditors: amounts falling due within one year		(1,782,122)	(1,158,394)
Net current assets (liabilities)		31,366	18,404
Total assets less current liabilities		31,366	18,404
Accruals and deferred income		(1,195)	(1,108)
Total net assets (liabilities)		30,171	17,296
Capital and reserves
Called up share capital	2	1	1
Profit and loss account		30,170	17,295
Shareholders' funds		30,171	17,296

For the year ending 30 November 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.

Approved by the Board on 31 August 2016

And signed on their behalf by:
Bernard Coey, Director

TARGET UMBRELLA LIMITED Registered Number NI601264

Notes to the Abbreviated Accounts for the period ended 30 November 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, excluding Value Added Tax, of the sales to customers during the year for the provision of consultancy services.

Other accounting policies
Accrued income
Accrued income relates to the amount of work carried out by contractors but unbilled at the period end. It is stated at the director's assessment of its recoverable value. Associated with the accrued income is an accrual for the cost of the purchase of the contractors.

Taxation
The tax currently payable is based upon taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes certain items of income and expenses that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's tax liability is calculated using tax rates that have been enacted or substantially enacted by the balance sheet date.

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1