Tim Gale Consulting Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 02933596 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

TIM GALE CONSULTING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

T K Gale

Mrs J A Gale

SECRETARY:

T K Gale

REGISTERED OFFICE:

1 High Street

Thatcham

Newbury

Berks

RG19 3JG

REGISTERED NUMBER:

02933596 (England and Wales)

ACCOUNTANTS:

C B Heslop & Company Limited

Chartered Accountants

1 High Street

Thatcham

Berks

RG19 3JG

CURRENT ASSETS

Debtors

20,486

20,594

Cash at bank

22,058

15,949

42,544

36,543

CREDITORS

Amounts falling due within one year

14,903

17,385

NET CURRENT ASSETS

27,641

19,158

TOTAL ASSETS LESS CURRENT
LIABILITIES

27,641

19,158

CAPITAL AND RESERVES

Called up share capital

3

11,000

Profit and loss account

16,641

8,158

SHAREHOLDERS' FUNDS

27,641

19,158

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 2 November 2016 and were signed on its behalf
by:

T K Gale - 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.

Office equipment

-

20% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

2,756

DEPRECIATION

At 1 April 2015

and 31 March 2016

2,756

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

11,000

Ordinary

£1

11,000