Tailoring for Women Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 06481872

Financial Statements

for the Year Ended 31 January 2017

for

Tailoring for Women Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

MJ Spencer

SECRETARY:

J R Zealand

REGISTERED OFFICE:

5 Oakwell Avenue

Bridlington

YO16 6UL

REGISTERED NUMBER:

06481872

ACCOUNTANTS:

JR Zealand & Company

Chartered Tax Advisers

Bridlington Business Centre

Enterprise Way

Bridlington

Yorkshire

YO16 4SF

FIXED ASSETS

Tangible assets

3

1,884

CURRENT ASSETS

Debtors

4

8,137

Cash at bank

1,831

9,968

CREDITORS

Amounts falling due within one year

5

9,733

NET CURRENT ASSETS

235

TOTAL ASSETS LESS CURRENT LIABILITIES

2,119

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

2,118

SHAREHOLDERS' FUNDS

2,119

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2017 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 12 October 2017 and were signed by:

MJ Spencer - Director

1.	STATUTORY INFORMATION

Tailoring for Women Limited is a private company, limited by shares ,

registered in Not specified/Other. 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

-

25% 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a

straight line basis over the period of the lease.

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2016

4,846

Additions

1,153

At 31 January 2017

5,999

DEPRECIATION

At 1 February 2016

3,487

Charge for year

628

At 31 January 2017

4,115

NET BOOK VALUE

At 31 January 2017

1,884

At 31 January 2016

1,359

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade Debtors

8,137

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

2,180

Taxation and social security

1,043

Other creditors

6,510

9,733