Abbreviated Company Accounts - TUITUS RECRUITMENT LIMITED

Abbreviated Company Accounts - TUITUS RECRUITMENT LIMITED

TUITUS RECRUITMENT LIMITED - Company Information

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Registered Number 05003897

TUITUS RECRUITMENT LIMITED

Abbreviated Accounts

31 March 2016

TUITUS RECRUITMENT LIMITED Registered Number 05003897

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Tangible assets 2 5,714 6,467
5,714 6,467
Current assets
Debtors 3,030 7,626
Cash at bank and in hand 12,411 72,212
15,441 79,838
Creditors: amounts falling due within one year (140) (18,252)
Net current assets (liabilities) 15,301 61,586
Total assets less current liabilities 21,015 68,053
Provisions for liabilities (1,143) (1,294)
Total net assets (liabilities) 19,872 66,759
Capital and reserves
Called up share capital 3 120 120
Profit and loss account 19,752 66,639
Shareholders' funds 19,872 66,759
  • For the year ending 31 March 2016 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 29 November 2016

And signed on their behalf by:
GRAHAM LEAH, Director

TUITUS RECRUITMENT LIMITED Registered Number 05003897

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 January 2015.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of services provided during the year and derives from the provision of services within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates to write off the coat less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 25% to 33% straight line

Other accounting policies
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.
Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

2Tangible fixed assets
£
Cost
At 1 April 2015 23,485
Additions 1,748
Disposals -
Revaluations -
Transfers -
At 31 March 2016 25,233
Depreciation
At 1 April 2015 17,018
Charge for the year 2,501
On disposals -
At 31 March 2016 19,519
Net book values
At 31 March 2016 5,714
At 31 March 2015 6,467
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£		 2015
£
100 Ordinary shares of £1 each 100 100
20 Redeemable Preference shares of £1 each 20 20

4Transactions with directors

Name of director receiving advance or credit: Graham Leah
Description of the transaction: Interest free loan
Balance at 1 April 2015: £ 100
Advances or credits made: -
Advances or credits repaid: £ 100
Balance at 31 March 2016: £ 0

During the year the company paid dividends of £35,000 (2015 £45,000) to Graham Leah a director of the company.