Tailormade (Newhaven) Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 09050958 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 January 2016

for

Tailormade (Newhaven) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

N Bell

P Burton

D Faires

G J Scott

V F M Squibb

REGISTERED OFFICE:

12a Marlborough Palce

Brighton

East Sussex

BN1 1WN

REGISTERED NUMBER:

09050958 (England and Wales)

ACCOUNTANTS:

Ghiaci Goodhand Smith Limited

12a Marlborough Place

BRIGHTON

East Sussex

BN1 1WN

FIXED ASSETS

Tangible assets

2

17,943

19,797

CURRENT ASSETS

Debtors

383,719

254,815

Cash at bank and in hand

22,725

609

406,444

255,424

CREDITORS

Amounts falling due within one year

359,662

241,275

NET CURRENT ASSETS

46,782

14,149

TOTAL ASSETS LESS CURRENT LIABILITIES

64,725

33,946

PROVISIONS FOR LIABILITIES

3,589

3,959

NET ASSETS

61,136

29,987

CAPITAL AND RESERVES

Called up share capital

3

198

198

Profit and loss account

60,938

29,789

SHAREHOLDERS' FUNDS

61,136

29,987

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 28 October 2016 and were signed on its behalf by:

N Bell - 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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

24,350

Additions

3,754

At 31 January 2016

28,104

DEPRECIATION

At 1 February 2015

4,553

Charge for year

5,608

At 31 January 2016

10,161

NET BOOK VALUE

At 31 January 2016

17,943

At 31 January 2015

19,797

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.16

31.1.15

value:

£

£

198

Ordinary

£1

198

198