Abbreviated Company Accounts - TEMPLE WELLS LIMITED

TEMPLE WELLS LIMITED - Company Information

07736979 TEMPLE WELLS LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 07736979 2013-04-01 2014-03-31 07736979 2014-03-31 07736979 2013-03-31 07736979 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 07736979 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 07736979

TEMPLE WELLS LIMITED

Abbreviated Accounts

31 March 2014

TEMPLE WELLS LIMITED Registered Number 07736979

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	413	660
		413	660
Current assets
Debtors		38	7
Cash at bank and in hand		54,916	55,843
		54,954	55,850
Creditors: amounts falling due within one year		(900)	(1,642)
Net current assets (liabilities)		54,054	54,208
Total assets less current liabilities		54,467	54,868
Provisions for liabilities		(83)	(132)
Total net assets (liabilities)		54,384	54,736
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		54,382	54,734
Shareholders' funds		54,384	54,736

For the year ending 31 March 2014 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 17 November 2014

And signed on their behalf by:
A M Wells, Director

TEMPLE WELLS LIMITED Registered Number 07736979

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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 represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off assets over their estimated useful lives.

Plant and machinery 25% straight line

Other accounting policies
Deferred Taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

2Tangible fixed assets

	£
Cost
At 1 April 2013	989
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	989
Depreciation
At 1 April 2013	329
Charge for the year	247
On disposals	-
At 31 March 2014	576
Net book values
At 31 March 2014	413
At 31 March 2013	660

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

	2014 £	2013 £
2 A Ordinary shares of £1 each	2	2