TYLER MORTGAGE MANAGEMENT LIMITED - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: 00169283 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2016

for

TYLER MORTGAGE MANAGEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S L Tyler

SECRETARY:

R Tyler

REGISTERED OFFICE:

6 CHANTRY QUARRY

GUILDFORD

Surrey

GU1 3AF

REGISTERED NUMBER:

00169283 (England and Wales)

ACCOUNTANTS:

ALAN HEYWOOD & COMPANY LLP.

CHARTERED ACCOUNTANTS

& BUSINESS ADVISORS

78 MILL LANE

LONDON

NW6 1JZ

FIXED ASSETS

Tangible assets

4

16,540

17,112

CURRENT ASSETS

Debtors

5

33,457

15,248

Investments

6

5,103

-

Cash at bank

512,896

374,124

551,456

389,372

CREDITORS

Amounts falling due within one year

7

133,360

132,037

NET CURRENT ASSETS

418,096

257,335

TOTAL ASSETS LESS CURRENT LIABILITIES

434,636

274,447

CAPITAL AND RESERVES

Called up share capital

499

499

Capital redemption reserve

1,508

1,508

Retained earnings

432,629

272,440

SHAREHOLDERS' FUNDS

434,636

274,447

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 16 May 2017 and were signed by:

S L Tyler - Director

1.	STATUTORY INFORMATION

TYLER MORTGAGE MANAGEMENT LIMITED is a private company, limited by shares , registered in

England and Wales. The company's registered number and registered office address can be found on the

Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except

to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted

or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different

from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and

laws that have been enacted or substantively enacted by the year end and that are expected to apply to the

reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that

they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 January 2016

20,476

Additions

1,929

At 31 December 2016

22,405

DEPRECIATION

At 1 January 2016

3,364

Charge for year

2,501

At 31 December 2016

5,865

NET BOOK VALUE

At 31 December 2016

16,540

At 31 December 2015

17,112

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade debtors

18,398

15,248

Other debtors

15,059

-

33,457

15,248

6.	CURRENT ASSET INVESTMENTS

31.12.16

31.12.15

£

£

Unlisted investments

5,103

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade creditors

13,044

9,609

Corporation tax

66,792

47,965

Social security and other taxes

717

436

Directors' current accounts

-

131

Accrued expenses

52,807

73,896

133,360

132,037

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Other debtors include £ 15,059 due from TMM Commercial, Development & Overseas Limited, a company

registered in England [ Company no.0937340] where S Tyler is a director and a shareholder.