Tees Group Limited - Abbreviated accounts 16.3
Tees Group Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 October 2016 |
| for |
| Tees Group Limited |
| Tees Group Limited (Registered number: 07035382) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 October 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Tees Group Limited |
| Company Information |
| for the Year Ended 31 October 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Tees Group Limited (Registered number: 07035382) |
| Abbreviated Balance Sheet |
| 31 October 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
4 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Share premium | ( |
) | ( |
) |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| Tees Group Limited (Registered number: 07035382) |
| Abbreviated Balance Sheet - continued |
| 31 October 2016 |
| The financial statements were approved by the Board of Directors on behalf by: |
| Tees Group Limited (Registered number: 07035382) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 October 2016 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements 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 net invoiced for rental income to associated company, Tees Insulation |
| (International) Limited, excluding value added tax. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 November 2015 |
| and 31 October 2016 |
| NET BOOK VALUE |
| At 31 October 2016 |
| At 31 October 2015 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 November 2015 |
| and 31 October 2016 | 502 |
| NET BOOK VALUE |
| At 31 October 2016 |
| At 31 October 2015 |
| Tees Group Limited (Registered number: 07035382) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 October 2016 |
| 3. | FIXED ASSET INVESTMENTS - continued |
| The company's investments at the Balance Sheet date in the share capital of companies include the |
| following: |
| Country of incorporation: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 41,286 | 320,025 |
| Profit for the year | 187,945 | 102,045 |
| Country of incorporation: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 1 | 1 |
| Country of incorporation: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 1 | 1 |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| They also include the following debts falling due in more than five years: |
| 2016 | 2015 |
| £ | £ |
| Repayable by instalments | 37,875 | 45,590 |
| Tees Group Limited (Registered number: 07035382) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 October 2016 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary Shares | 1.00 |
| 6. | RELATED PARTY DISCLOSURES |
| Director |
| Dividends - £22,228 (2015 - £20,390) |
| Director |
| Dividends - £22,228 (2015 - £20,390) |
| Director |
| Dividends - £22,228 (2015 - £20,390) |
| Tees Insulation (International) Limited |
| Subsidiary Company |
| There were inter company sales of £15,000 for rental income. |
| There were no inter company purchases during the period. |
| 2016 | 2015 |
| £ | £ |
| Amount due to related party at the balance sheet date |
| 7. | ULTIMATE CONTROLLING PARTY |
| The controlling party is |
| 8. | GOING CONCERN |
| The director has reviewed a period of 12 months from approval of these financial statements and |
| concluded the company is able to meet all its liabilities as they fall due. As a result it is appropriate to |
| prepare the accounts on going concern basis. |