Abbreviated Company Accounts - THOMPSON LEISURE LIMITED

Abbreviated Company Accounts - THOMPSON LEISURE LIMITED

THOMPSON LEISURE LIMITED - Company Information

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Registered Number NI609785

THOMPSON LEISURE LIMITED

Abbreviated Accounts

31 December 2015

THOMPSON LEISURE LIMITED Registered Number NI609785

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 4 4
Tangible assets 3 22,272 17,814
22,276 17,818
Current assets
Stocks 1,587,071 1,108,967
Debtors 435,105 197,613
Cash at bank and in hand 96,353 115,442
2,118,529 1,422,022
Creditors: amounts falling due within one year (1,257,178) (568,831)
Net current assets (liabilities) 861,351 853,191
Total assets less current liabilities 883,627 871,009
Creditors: amounts falling due after more than one year (538,227) (615,108)
Total net assets (liabilities) 345,400 255,901
Capital and reserves
Called up share capital 3 3
Profit and loss account 345,397 255,898
Shareholders' funds 345,400 255,901
  • 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 4 August 2016

And signed on their behalf by:
D Tinsley, Director

THOMPSON LEISURE LIMITED Registered Number NI609785

Notes to the Abbreviated Accounts for the period ended 31 December 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 total invoice value,excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows:
Fixtures & Fittings 20% Straight line
Motor vehicles 25% Straight line

2Intangible fixed assets
£
Cost
At 1 January 2015 4
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2015 4
Amortisation
At 1 January 2015 -
Charge for the year -
On disposals -
At 31 December 2015 -
Net book values
At 31 December 2015 4
At 31 December 2014 4
3Tangible fixed assets
£
Cost
At 1 January 2015 20,530
Additions 10,660
Disposals -
Revaluations -
Transfers -
At 31 December 2015 31,190
Depreciation
At 1 January 2015 2,716
Charge for the year 6,202
On disposals -
At 31 December 2015 8,918
Net book values
At 31 December 2015 22,272
At 31 December 2014 17,814