Tsehai Limited - Period Ending 2015-12-31

Registration number: 04555461

Tsehai Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 December 2015
 

Bulley Davey Limited
Chartered Certified Accountants
1 - 4 London Road
Spalding
Lincolnshire
PE11 2TA

Tsehai Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Tsehai Limited
(Registration number: 04555461)
Abbreviated Balance Sheet at 31 December 2015

		Note			2015 £			2014 £
Fixed assets
Intangible fixed assets					600			600
Tangible fixed assets		2			2,162			2,692
Investments					192,599			192,599
					195,361			195,891
Current assets
Debtors					24,816			24,640
Cash at bank and in hand					49			2
					24,865			24,642
Creditors: Amounts falling due within one year					(3,880)			(3,520)
Net current assets					20,985			21,122
Total assets less current liabilities					216,346			217,013
Creditors: Amounts falling due after more than one year					(207,472)			(207,473)
Net assets					8,874			9,540
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					8,872			9,538
Shareholders' funds					8,874			9,540

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 .

Approved by the Board on 28 September 2016 and signed on its behalf by:

 A F C Nicholl-Smith
 Director

  C J Nicholl-Smith
 Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Tsehai Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Going concern

The financial statements have been prepared on a going concern basis.

Amortisation

Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated reidual value, over their expected useful economic life as follows:

Asset class	Amortisation method and rate
Goodwill	10% straight line method

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% Reducing balance method
Fixtures and fittings	20% Reducing balance method

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

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Tsehai Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued

2	Fixed assets

		Intangible assets £			Tangible assets £			Investments £			Total £
Cost
At 1 January 2015		600			20,121			192,599			213,320
At 31 December 2015		600			20,121			192,599			213,320
Depreciation
At 1 January 2015		-			17,429			-			17,429
Charge for the year		-			530			-			530
At 31 December 2015		-			17,959			-			17,959
Net book value
At 31 December 2015		600			2,162			192,599			195,361
At 31 December 2014		600			2,692			192,599			195,891

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking	Country of incorporation	Holding	Proportion of voting rights and shares held	Principal activity
Subsidiary undertakings
Hortic Express Limited	England and Wales	Ordinary	100%	Sale of horticultural products

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		2			2			2			2

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