Toutes Directions Limited,Ltd - Accounts

TOUTES DIRECTIONS LIMITED - Company Information

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Toutes Directions Limited

For the year ended 31 March 2016

Unaudited Abbreviated Report and Financial Statements

England and Wales

Registered Number: 05389942

Contents Page

Toutes Directions Limited

For the year ended 31 March 2016

Balance Sheet

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Notes to the Abbreviated Financial Statements

Abbreviated Balance Sheet

Toutes Directions Limited

As at 31 March 2016

05389942

Registered Number :

2016

Notes

2015

Fixed assets

Tangible assets

614,624

227,520

614,624

227,520

Current assets

Debtors

233,645

180,381

Cash at bank and in hand

99,983

134,023

280,364

367,668

Creditors: amounts falling due within one year

(290,272)

(304,220)

77,396

(23,856)

Net current liabilities

Total assets less current liabilities

590,768

304,916

Creditors: amounts falling due after more than one year

(75,334)

(271,960)

(54,900)

(36,500)

Provisions for liabilities

263,908

Net assets

193,082

Capital and reserves

Called up share capital

300

Profit and loss account

263,608

192,782

263,908

193,082

Shareholders funds

For the year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

2) The director acknowledges his 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.

Date approved by the board: 05 December 2016

Mr M. Harrison Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

Toutes Directions Limited

For the year ended 31 March 2016

1 Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Finance lease and hire purchase charges

The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding.

Deferred taxation

Deferred taxation arises when items are charged or credited in accounts in different periods to those in which they are included in the company's tax computations.Deferred tax is provided in full on timing differences that result in an obligation to pay more (or less) tax at a future date. Deferred tax is calculated at the average rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. The resulting deferred tax asset or liability is not discounted.

Dividends

Dividends paid in the year are on Ordinary shares of £1 each, Ordinary 'A' shares of £1 each and on Ordinary 'B'

shares of £1 each.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Commercial Vehicles

20% Reducing balance

Motor Vehicles

20% Reducing balance

Fixtures and Fittings

20% Reducing balance

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Notes to the Abbreviated Financial Statements

Toutes Directions Limited

For the year ended 31 March 2016

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks

and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed

assets and depreciated over the shorter of the lease term and their estimated expected useful lives.

Future obligations under such contracts are included in creditors net of the finance charge allocated to future

periods.

2 Tangible fixed assets

Tangible

fixed assets

Cost or valuation

429,930

At 01 April 2015

453,498

Additions

(29,362)

Disposals

At 31 March 2016

854,066

Depreciation

202,410

At 01 April 2015

(15,410)

Disposals

52,442

Charge for year

239,442

At 31 March 2016

Net book values

At 31 March 2016

614,624

227,520

At 31 March 2015

2015

2016

3 Creditors due after more than one year

203,083

Bank loans and overdraft

4 Share capital

Authorised

800 Ordinary Shares shares of £1.00 each

100 Ordinary 'A' shares of £1.00 each

100 Ordinary 'B' shares of £1.00 each

Allotted called up and fully paid

2016

2015

100 Ordinary Shares shares of £1.00 each

100

100 Ordinary 'A' shares of £1.00 each

100

100 Ordinary 'B' shares of £1.00 each

100

300

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Notes to the Abbreviated Financial Statements

Toutes Directions Limited

For the year ended 31 March 2016

5 Guarantees

Hire Purchase finance is secured on the assets for which the finance has been provided.

The Bank Loan, commencing in the year, was used to fund the purchase of the land and buildings

purchased in the year. The bank loan is secured on the land and buildings for which the finance has been

provided.

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