Abbreviated Company Accounts - TOWERS & SANDERS LTD

Abbreviated Company Accounts - TOWERS & SANDERS LTD

TOWERS & SANDERS LTD - Company Information

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Registered Number 05526105

TOWERS & SANDERS LTD

Abbreviated Accounts

31 August 2016

TOWERS & SANDERS LTD Registered Number 05526105

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 831,158 739,630
831,158 739,630
Current assets
Stocks 245,000 215,000
Debtors 485,062 427,060
Cash at bank and in hand 101,223 120,151
831,285 762,211
Creditors: amounts falling due within one year (743,277) (883,501)
Net current assets (liabilities) 88,008 (121,290)
Total assets less current liabilities 919,166 618,340
Creditors: amounts falling due after more than one year (425,288) (235,288)
Provisions for liabilities (19,522) (19,522)
Total net assets (liabilities) 474,356 363,530
Capital and reserves
Called up share capital 3 3
Other reserves 19,522 19,522
Profit and loss account 454,831 344,005
Shareholders' funds 474,356 363,530
  • For the year ending 31 August 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 31 May 2017

And signed on their behalf by:
M A Guirard, Director

TOWERS & SANDERS LTD Registered Number 05526105

Notes to the Abbreviated Accounts for the period ended 31 August 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 April 2008.

2Tangible fixed assets
£
Cost
At 1 September 2015 1,419,722
Additions 291,083
Disposals (92,000)
Revaluations -
Transfers -
At 31 August 2016 1,618,805
Depreciation
At 1 September 2015 680,092
Charge for the year 107,555
On disposals -
At 31 August 2016 787,647
Net book values
At 31 August 2016 831,158
At 31 August 2015 739,630