Abbreviated Company Accounts - TIME FOR YOU NORTHANTS (NORTH) LTD

TIME FOR YOU NORTHANTS (NORTH) LTD - Company Information

08375409 TIME FOR YOU NORTHANTS (NORTH) LTD 2014-03-31 false 2013-01-25 2014-03-31 true 08375409 2013-01-25 2014-03-31 08375409 2014-03-31 08375409 uk-gaap-cd-bus:Director1 2013-01-25 2014-03-31 08375409 uk-gaap-cd-bus:Director2 2013-01-25 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-25 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 08375409

TIME FOR YOU NORTHANTS (NORTH) LTD

Abbreviated Accounts

31 March 2014

TIME FOR YOU NORTHANTS (NORTH) LTD Registered Number 08375409

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014
		£
Fixed assets
Intangible assets	2	45,000
		45,000
Current assets
Debtors		4,611
Cash at bank and in hand		6,366
		10,977
Creditors: amounts falling due within one year		(46,611)
Net current assets (liabilities)		(35,634)
Total assets less current liabilities		9,366
Total net assets (liabilities)		9,366
Capital and reserves
Called up share capital	3	100
Profit and loss account		9,266
Shareholders' funds		9,366

For the year ending 31 March 2014 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 23 October 2014

And signed on their behalf by:
Mrs A Brebner, Director

TIME FOR YOU NORTHANTS (NORTH) LTD Registered Number 08375409

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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 April 2008.

Turnover policy
Turnover represents the value of services provided under contracts to the extent that there is a right to
consideration and is recorded at the value of the consideration due.
Where a contract has only been partially completed at the balance sheet date turnover represents the value of the
services provided to date based on a proportion of the total expected consideration at completion. Where
payments are received from customers in advance of services provided, the amounts are recorded as deferred
income and included as part of creditors due within one year.

Intangible assets amortisation policy
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised
evenly over its estimated useful life of ten years.

Other accounting policies
Basis of preparing the financial statements
The financial statements have been prepared on a going concern basis which assumes that the company will
continue in operational existence not withstanding that at 31 March 2014 its current liabilities exceeded its
current assets by £35,634. The director believes this basis to be appropriate and has undertaken to continue to
meet its other liabilities as they fall due for the foreseeable future.

2Intangible fixed assets

	£
Cost
Additions	50,000
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	50,000
Amortisation
Charge for the year	5,000
On disposals	-
At 31 March 2014	5,000
Net book values
At 31 March 2014	45,000

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £
100 Ordinary shares of £1 each	100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.