Taran Developments Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04232766 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2016

for

TARAN DEVELOPMENTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M D Pullin

A K Hogan

K E Hogan

N M Evans

SECRETARY:

M D Pullin

REGISTERED OFFICE:

Gelli Aur

Derwydd Road

Ammanford

Carmarthenshire

SA18 2LX

REGISTERED NUMBER:

04232766 (England and Wales)

ACCOUNTANTS:

RKC Accountancy Limited

50 Maes Y Wawr

Birchgrove

Swansea

SA7 0HL

CURRENT ASSETS

Stocks

100,000

Cash at bank

690

4

100,690

100,004

CREDITORS

Amounts falling due within one year

37,910

36,910

NET CURRENT ASSETS

62,780

63,094

TOTAL ASSETS LESS CURRENT
LIABILITIES

62,780

63,094

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

62,680

62,994

SHAREHOLDERS' FUNDS

62,780

63,094

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 3 September 2016 and were signed on its behalf by:

M D Pullin - 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).

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

100

Ordinary

£1

100

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other creditors are the following amounts due to the Directors:-

A K Hogan £9,325 (2015 £9,075), M D Pullin £9,325 (2015 £9,075), N M Evans £9,325 (2015 £9,075), K E

Hogan £9,325 (2015 £9,075).