Abbreviated Company Accounts - TIMES PUBLISHING LTD

Abbreviated Company Accounts - TIMES PUBLISHING LTD

TIMES PUBLISHING LTD - Company Information

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Registered Number 06068162

TIMES PUBLISHING LTD

Abbreviated Accounts

31 March 2014

TIMES PUBLISHING LTD Registered Number 06068162

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 674 898
674 898
Current assets
Debtors 75,555 86,469
Cash at bank and in hand 205,534 174,766
281,089 261,235
Creditors: amounts falling due within one year (104,090) (133,277)
Net current assets (liabilities) 176,999 127,958
Total assets less current liabilities 177,673 128,856
Total net assets (liabilities) 177,673 128,856
Capital and reserves
Called up share capital 100 100
Profit and loss account 177,573 128,756
Shareholders' funds 177,673 128,856
  • 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 10 December 2014

And signed on their behalf by:
PA Westhead, Director

TIMES PUBLISHING LTD Registered Number 06068162

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 total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life. The rate used is 25% reducing balance.

2Tangible fixed assets
£
Cost
At 1 April 2013 5,043
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 5,043
Depreciation
At 1 April 2013 4,145
Charge for the year 224
On disposals -
At 31 March 2014 4,369
Net book values
At 31 March 2014 674
At 31 March 2013 898