Terrace & Garden Limited - Accounts to registrar - small 16.1.1

REGISTERED NUMBER: 02572903 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 DECEMBER 2015

FOR

TERRACE & GARDEN LIMITED

Page

Company Information

1

Chartered Certified Accountants' Report

2

Balance Sheet

3

DIRECTORS:

D Jones

Mrs L Jones

SECRETARY:

D Jones

REGISTERED OFFICE:

Abbey House

51 High Street

Saffron Walden

Essex

CB10 1AF

REGISTERED NUMBER:

02572903 (England and Wales)

ACCOUNTANTS:

Benten & Co

Chartered Certified Accountants

Abbey House

51 High Street

Saffron Walden

Essex

CB10 1AF

The following reproduces the text of the report prepared for the directors and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Statement of Financial Position. Readers are cautioned that the Income statement is not

required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Terrace & Garden Limited for the year ended 31 December 2015 which comprise the Income

statement, Statement of Financial Position and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Terrace & Garden Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Terrace & Garden Limited and state those matters that we have agreed to state to the Board of Directors of Terrace & Garden Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Terrace & Garden Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Terrace & Garden Limited. You consider that Terrace & Garden Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Terrace & Garden Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Benten & Co

Chartered Certified Accountants

Abbey House

51 High Street

Saffron Walden

Essex

CB10 1AF

29 September 2016

FIXED ASSETS

11,978

16,379

CURRENT ASSETS

280,944

311,043

CREDITORS

Amounts falling due within one year

(204,521

)

(192,425

)

NET CURRENT ASSETS

76,423

118,618

TOTAL ASSETS LESS CURRENT LIABILITIES

88,401

134,997

CREDITORS

Amounts falling due after more than one year

84,209

98,349

NET ASSETS

4,192

36,648

CAPITAL AND RESERVES

4,192

36,648

NOTES TO THE FINANCIAL STATEMENTS

1.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2015 and

31 December 2014:

2015

2014

£

£

Mrs L Jones and D Jones

Balance outstanding at start of year

109,195

110,139

Amounts advanced

74,357

66,425

Amounts repaid

(106,623

)

(67,369

)

Balance outstanding at end of year

76,929

109,195

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 28 September 2016 and were signed on its behalf by:

D Jones - Director

Mrs L Jones - Director