Abbreviated Company Accounts - T & T FLOORS LIMITED

T & T FLOORS LIMITED - Company Information

05152326 T & T FLOORS LIMITED 2016-10-31 false 2015-11-01 2016-10-31 true 05152326 2015-11-01 2016-10-31 05152326 2016-10-31 05152326 2015-10-31 05152326 uk-gaap-cd-bus:Director1 2015-11-01 2016-10-31 05152326 uk-gaap-cd-bus:Director2 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 iso4217:GBP shares

Registered Number 05152326

T & T FLOORS LIMITED

Abbreviated Accounts

31 October 2016

T & T FLOORS LIMITED Registered Number 05152326

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	86,216	87,866
		86,216	87,866
Current assets
Stocks		28,867	60,035
Debtors		28,874	48,662
Cash at bank and in hand		241,477	151,730
		299,218	260,427
Creditors: amounts falling due within one year		(196,699)	(167,902)
Net current assets (liabilities)		102,519	92,525
Total assets less current liabilities		188,735	180,391
Creditors: amounts falling due after more than one year		(11,620)	(15,209)
Accruals and deferred income		(13,500)	(17,573)
Total net assets (liabilities)		163,615	147,609
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		163,515	147,509
Shareholders' funds		163,615	147,609

For the year ending 31 October 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 8 June 2017

And signed on their behalf by:
Mr A J Tarmey, Director

T & T FLOORS LIMITED Registered Number 05152326

Notes to the Abbreviated Accounts for the period ended 31 October 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.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery - 20% on straight line
Fixtures & Fittings - 15% on straight line
Motor Vehicles - 25% on Reducing Balance
Equipment - 33.33% on Straight Line

2Tangible fixed assets

	£
Cost
At 1 November 2015	196,191
Additions	49,780
Disposals	(19,256)
Revaluations	-
Transfers	-
At 31 October 2016	226,715
Depreciation
At 1 November 2015	108,325
Charge for the year	45,336
On disposals	(13,162)
At 31 October 2016	140,499
Net book values
At 31 October 2016	86,216
At 31 October 2015	87,866

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100