Abbreviated Company Accounts - TOM CUNLIFFE LIMITED

Abbreviated Company Accounts - TOM CUNLIFFE LIMITED

TOM CUNLIFFE LIMITED - Company Information

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Registered Number 04426357

TOM CUNLIFFE LIMITED

Abbreviated Accounts

31 March 2016

TOM CUNLIFFE LIMITED Registered Number 04426357

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 9,700 12,125
Tangible assets 3 30,702 40,585
40,402 52,710
Current assets
Cash at bank and in hand 18,696 17,378
18,696 17,378
Creditors: amounts falling due within one year (74,208) (91,108)
Net current assets (liabilities) (55,512) (73,730)
Total assets less current liabilities (15,110) (21,020)
Total net assets (liabilities) (15,110) (21,020)
Capital and reserves
Called up share capital 2 2
Profit and loss account (15,112) (21,022)
Shareholders' funds (15,110) (21,020)
  • For the year ending 31 March 2016 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 3 October 2016

And signed on their behalf by:
T Cunliffe, Director

TOM CUNLIFFE LIMITED Registered Number 04426357

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 January 2015.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Plant & Machinery - 25% Reducing Balance
Fixtures, Fittings & Equipment - 25% Reducing Balance

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 5 years.

2Intangible fixed assets
£
Cost
At 1 April 2015 30,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 30,000
Amortisation
At 1 April 2015 17,875
Charge for the year 2,425
On disposals -
At 31 March 2016 20,300
Net book values
At 31 March 2016 9,700
At 31 March 2015 12,125
3Tangible fixed assets
£
Cost
At 1 April 2015 121,202
Additions 351
Disposals -
Revaluations -
Transfers -
At 31 March 2016 121,553
Depreciation
At 1 April 2015 80,617
Charge for the year 10,234
On disposals -
At 31 March 2016 90,851
Net book values
At 31 March 2016 30,702
At 31 March 2015 40,585