Taylormade Financial Ltd - Period Ending 2016-03-31

Taylormade Financial Ltd - Period Ending 2016-03-31


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Registration number: 09503776

Taylormade Financial Ltd

Annual Report and Unaudited Accounts

for the Period from 23 March 2015 to 31 March 2016

 

James Worley & Sons
Chartered Accountants
9 Bridle Close
Surbiton Road
Kingston Upon Thames
Surrey
KT1 2JW

 

Taylormade Financial Ltd
(Registration number: 09503776)
Balance Sheet at 31 March 2016

   

Note

   

31 March 2016
£

 

Current assets

 

       

Cash at bank and in hand

 

   

100

 

Capital and reserves

 

       

Called up share capital

 

2

   

100

 

Shareholders' funds

 

   

100

 

For the year ending 31 March 2016 the company was entitled to exemption under section 480 of the Companies Act 2006 relating to dormant companies.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

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.

Approved and authorised for issue by the Board on 19 December 2016 and signed on its behalf by:

.........................................
Mr Greg Simmonds
Director

The notes on page 2 form an integral part of these financial statements.
Page 1

 

Taylormade Financial Ltd
Notes to the financial statements for the Period from 23 March 2015 to 31 March 2016
......... continued

1

Accounting policies

Trading status

The company was dormant and has not traded during the period.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2

Share capital

Allotted, called up and fully paid shares

 

31 March 2016

   

No.

   

£

 

Ordinary shares of £1 each

 

100

   

100

 
             

New shares allotted

During the period 100 Ordinary shares having an aggregate nominal value of £100 were allotted for an aggregate consideration of £100.