TAXATAX LIMITED xbrl

TAXATAX LIMITED xbrl

TAXATAX LIMITED - Company Information

Print Friendly Version

2015-05-01 2016-04-30 2016-04-30 true false 03364409 2016-04-30 03364409 2015-04-30 03364409 2014-04-30 03364409 2015-05-01 2016-04-30 03364409 2014-05-01 2015-04-30 03364409 uk-cd-pres:AllEntityOfficers 2015-05-01 2016-04-30 03364409 uk-cd-pres:AllEntityOfficers 2014-05-01 2015-04-30 03364409 uk-cd-pres:CompanySecretary 2015-05-01 2016-04-30 03364409 uk-cd-pres:CompanySecretaryDirector 2015-05-01 2016-04-30 03364409 uk-cd-pres:CompanySecretaryDirector 2016-04-30 03364409 uk-cd-pres:Director1 2015-05-01 2016-04-30 03364409 uk-cd-pres:Director1 2016-04-30 03364409 uk-cd-pres:Director2 2015-05-01 2016-04-30 03364409 uk-cd-pres:Director2 2016-04-30 03364409 uk-cd-pres:AllOrdinaryShares 2016-04-30 03364409 uk-cd-pres:AllPreferenceShares 2016-04-30 03364409 uk-cd-pres:AllOrdinaryShares 2015-04-30 03364409 uk-cd-pres:AllPreferenceShares 2015-04-30 03364409 uk-cd-pres:AllOrdinaryShares 2015-05-01 2016-04-30 03364409 uk-cd-pres:AllPreferenceShares 2015-05-01 2016-04-30 03364409 uk-cd-pres:AllOrdinaryShares 2014-05-01 2015-04-30 03364409 uk-cd-pres:AllPreferenceShares 2014-05-01 2015-04-30 03364409 uk-cd-pres:RegisteredOffice 2015-05-01 2016-04-30 03364409 uk-cd-pres:EntityAccountantsOrAuditors 2016-04-30 03364409 uk-cd-pres:EntityAccountantsOrAuditors 2015-05-01 2016-04-30 03364409 uk-cd-pres:EntityAccountantsOrAuditors 2014-05-01 2015-04-30 03364409 uk-cd-pres:EntityBankers 2015-05-01 2016-04-30 03364409 uk-cd-pres:EntityLawyersOrLegalAdvisers 2015-05-01 2016-04-30 03364409 uk-countries:UnitedKingdom 2015-05-01 2016-04-30 03364409 uk-countries:Europe 2015-05-01 2016-04-30 03364409 uk-countries:NorthAmerica 2015-05-01 2016-04-30 03364409 uk-countries:OtherCountriesRegions 2015-05-01 2016-04-30 03364409 uk-countries:UnitedKingdom 2014-05-01 2015-04-30 03364409 uk-countries:Europe 2014-05-01 2015-04-30 03364409 uk-countries:NorthAmerica 2014-05-01 2015-04-30 03364409 uk-countries:OtherCountriesRegions 2014-05-01 2015-04-30 03364409 uk-gaap-pt:OwnedOrFreeholdTangibleFixedAssets 2015-05-01 2016-04-30 03364409 uk-gaap-pt:LeasedTangibleFixedAssets 2015-05-01 2016-04-30 03364409 uk-gaap-pt:OwnedOrFreeholdTangibleFixedAssets 2014-05-01 2015-04-30 03364409 uk-gaap-pt:LeasedTangibleFixedAssets 2014-05-01 2015-04-30 03364409 uk-gaap-pt:NetGoodwill 2015-04-30 03364409 uk-gaap-pt:IntellectualProperty 2015-04-30 03364409 uk-gaap-pt:PatentsCopyrightsTrademarksSimilar 2015-04-30 03364409 uk-gaap-pt:OtherIntangibleFixedAssets 2015-04-30 03364409 uk-gaap-pt:NetGoodwill 2015-05-01 2016-04-30 03364409 uk-gaap-pt:IntellectualProperty 2015-05-01 2016-04-30 03364409 uk-gaap-pt:PatentsCopyrightsTrademarksSimilar 2015-05-01 2016-04-30 03364409 uk-gaap-pt:OtherIntangibleFixedAssets 2015-05-01 2016-04-30 03364409 uk-gaap-pt:NetGoodwill 2016-04-30 03364409 uk-gaap-pt:IntellectualProperty 2016-04-30 03364409 uk-gaap-pt:PatentsCopyrightsTrademarksSimilar 2016-04-30 03364409 uk-gaap-pt:OtherIntangibleFixedAssets 2016-04-30 03364409 uk-gaap-pt:Buildings 2015-05-01 2016-04-30 03364409 uk-gaap-pt:Land 2015-05-01 2016-04-30 03364409 uk-gaap-pt:LandBuildings 2015-04-30 03364409 uk-gaap-pt:PlantMachinery 2015-04-30 03364409 uk-gaap-pt:FixturesFittings 2015-04-30 03364409 uk-gaap-pt:OfficeEquipment 2015-04-30 03364409 uk-gaap-pt:Vehicles 2015-04-30 03364409 uk-gaap-pt:LandBuildings 2015-05-01 2016-04-30 03364409 uk-gaap-pt:PlantMachinery 2015-05-01 2016-04-30 03364409 uk-gaap-pt:FixturesFittings 2015-05-01 2016-04-30 03364409 uk-gaap-pt:OfficeEquipment 2015-05-01 2016-04-30 03364409 uk-gaap-pt:Vehicles 2015-05-01 2016-04-30 03364409 uk-gaap-pt:LandBuildings 2016-04-30 03364409 uk-gaap-pt:PlantMachinery 2016-04-30 03364409 uk-gaap-pt:FixturesFittings 2016-04-30 03364409 uk-gaap-pt:OfficeEquipment 2016-04-30 03364409 uk-gaap-pt:Vehicles 2016-04-30 03364409 uk-gaap-ptx:AdministrativeExpenses 2015-05-01 2016-04-30 03364409 uk-gaap-ptx:AdministrativeExpenses 2014-05-01 2015-04-30 03364409 uk-gaap-ptx:CostSales 2015-05-01 2016-04-30 03364409 uk-gaap-ptx:CostSales 2014-05-01 2015-04-30 03364409 uk-gaap-ptx:DistributionCosts 2015-05-01 2016-04-30 03364409 uk-gaap-ptx:DistributionCosts 2014-05-01 2015-04-30 iso4217:GBP xbrli:pure
 
 
 
 
 
 
 
TAXATAX LIMITED
 
 
Company Registration Number
03364409
 
 
Report of the Directors and
Abbreviated Unaudited Financial Statements
 
 
Period of accounts
 
Start date 01/05/2015
 
End date 30/04/2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 1
TAXATAX LIMITED
 
Contents of the Financial Statements
for the Period Ended 30 April 2016
 
 
Page
Company Information 3
 
Balance Sheet 4 - 5
 
Notes to the Financial Statements 6 - 10
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 2
TAXATAX LIMITED
 
Company Information
for the Period Ended 30 April 2016
 
Directors S J Wells
P Wells
 
Registered office 9 Nearwood Drive
Oakwood
Derby
 
Company Registration Number 03364409
 
Address Chartered Certified Accountants
82A Vestry Road
Oakwood
Derby
DE21 2BN
 
Bankers Name National Westminster
Address Derwent Street
Derby
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 3
TAXATAX LIMITED
Balance Sheet
for the Period Ended 30 April 2016
Company registration number 03364409
2016 2015
Notes £ £
Fixed assets
Tangible fixed assets 2 17 23
_______ _______
Total fixed assets 17 23
Current assets
Debtors 3 8,247 5
Cash at bank and in hand 4,517 1,592
_______ _______
Total current assets/(liabilities) 12,764 1,597
Creditors
Creditors - amounts falling
due within one year 4 9,382 3,845
_______ _______
Net current assets 3,382 (2,248)
_______ _______
Total assets less current liabilities 3,399 (2,225)
_______ _______
Net assets/(liabilities) 3,399 (2,225)
Capital and reserves
Called up share capital 5 100 100
Profit and loss account 6 3,299 (2,325)
________ ___________
Total shareholders funds 3,399 (2,225)
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 4
TAXATAX LIMITED
 
Balance Sheet
for the Period Ended 30 April 2016
 
 
 
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 January 2015).
 
For the year ending 30 April 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.
 
The financial statements were approved by the Board of Directors on 2017-01-25
 
SIGNED ON BEHALF OF THE BOARD BY
 
 
 
 
 
 
 
Name S J Wells
 
The notes form part of these financial statements
 
 
 
 
 
 
 
 
 
Page 5
TAXATAX LIMITED
Notes to the Financial Statements
for the Period Ended 30 April 2016
1. Accounting policies
Basis of preparation
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).
Going Concern
The company has a deficit on shareholders' funds and relies upon the support of its shareholders and creditors,which has been confirmed for a period of at least twelve months from the approval of the financial statements.Accordingly the directors have prepared the financial statements on the going concern basis.
Tangible fixed assets Depreciation
Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 6
TAXATAX LIMITED
Notes to the Financial Statements
for the Period Ended 30 April 2016
2. Tangible fixed assets
Office Total
equipment
Cost £ £
At 1 May 2015 300 300
___ ___
At 30 April 2016 300 300
Depreciation
At 1 May 2015 277 277
Charge for year 6 6
___ ___
At 30 April 2016 283 283
Net book value
At 30 April 2016 17 17
At 30 April 2015 23 23
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 7
TAXATAX LIMITED
Notes to the Financial Statements
for the Period Ended 30 April 2016
3. Debtors 2016 2015
Trade debtors 1,340
Other debtors 6,907 5
____ _
Total 8,247 5
4. Creditors amounts falling due within one year 2016 2015
Corporation tax 1,408 188
Other taxation and social security 14 418
Accruals and deferred income 960 960
Other creditors 7,000 2,279
____ ____
Total 9,382 3,845
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 8
TAXATAX LIMITED
Notes to the Financial Statements
for the Period Ended 30 April 2016
5. Share capital 2016 2015
Authorised type Par value £ £
Ordinary Shares 1 1,000 1,000
____ ____
Total 1,000 1,000
Allotted, called up and paid £ £
Ordinary Shares 100 100
___ ___
Total 100 100
6. Reserves/Retained profit
Retained profit reconciliation £
Reserves at 1 May 2015 (2,325)
Profit/(Loss) for year 5,624
Dividends paid
____
Retained Profit/(Loss) at 30 April 2016 3,299
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 9
TAXATAX LIMITED
Notes to the Financial Statements
for the Period Ended 30 April 2016
 
7. Related party transactions
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 10