Abbreviated Company Accounts - TIGERFLY LTD

Abbreviated Company Accounts - TIGERFLY LTD


Registered Number 08262177

TIGERFLY LTD

Abbreviated Accounts

31 October 2016

TIGERFLY LTD Registered Number 08262177

Abbreviated Balance Sheet as at 31 October 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 1,081 2,010
1,081 2,010
Current assets
Debtors 285 60,181
Cash at bank and in hand 83,635 79,735
83,920 139,916
Creditors: amounts falling due within one year 0 (25,333)
Net current assets (liabilities) 83,920 114,583
Total assets less current liabilities 85,001 116,593
Total net assets (liabilities) 85,001 116,593
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 84,901 116,493
Shareholders' funds 85,001 116,593
  • 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 27 July 2017

And signed on their behalf by:
Christopher Lewis, Director

TIGERFLY LTD Registered Number 08262177

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
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Office equipment - 25% Straight Line

2Tangible fixed assets
£
Cost
At 1 November 2015 3,714
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2016 3,714
Depreciation
At 1 November 2015 1,704
Charge for the year 929
On disposals -
At 31 October 2016 2,633
Net book values
At 31 October 2016 1,081
At 31 October 2015 2,010
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
100 Ordinary shares of £1 each 100 100