TOM DARRACOTT LTD - Abbreviated accounts

Registered number

09582975

TOM DARRACOTT LTD

Abbreviated Accounts

31 May 2016

TOM DARRACOTT LTD
Registered number:		09582975
Abbreviated Balance Sheet
as at 31 May 2016

Notes			2016
£
Fixed assets
Tangible assets	2		4,290

Current assets
Debtors		20,343
Cash at bank and in hand		21,889
		42,232

Creditors: amounts falling due within one year		(45,208)

Net current liabilities			(2,976)

Total assets less current liabilities			1,314


Provisions for liabilities			(538)


Net assets			776

Capital and reserves
Called up share capital	3		1
Profit and loss account			775

Shareholder's funds			776

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Tom Darracott
Director
Approved by the board on 9 December 2016

TOM DARRACOTT LTD
Notes to the Abbreviated Accounts
for the period ended 31 May 2016

1	Accounting policies

	Basis of preparation
	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
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			25% reducing balance

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost
	At 9 May 2015					10,879
	At 31 May 2016					10,879

	Depreciation
	At 9 May 2015					5,159
	Charge for the period					1,430
	At 31 May 2016					6,589

	Net book value
	At 31 May 2016					4,290
	At 8 May 2015					5,720


3	Share capital	Nominal		2016		2016
value			Number		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		1		1

Nominal			Number		Amount
value			£
	Shares issued during the period:
	Ordinary shares	£1 each		1		1