T & C C Limited - Period Ending 2014-09-30

Registration number: 03394512

T & C C Limited

Abbreviated Accounts

for the Year Ended 30 September 2014

T & C C Limited
Abbreviated Balance Sheet at 30 September 2014

	Note	2014 £	2013 £
Fixed assets
Tangible fixed assets		32,761	33,838
Current assets
Debtors		8,745	13,472
Cash at bank and in hand		50,484	50,855
		59,229	64,327
Creditors: Amounts falling due within one year		(24,515)	(33,006)
Net current assets		34,714	31,321
Net assets		67,475	65,159
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		67,375	65,059
Shareholders' funds		67,475	65,159

For the year ending 30 September 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 .

These accounts were approved by the directors and authorised for issue on 10 March 2015 and are signed on their behalf by:

.........................................
G.M. Earith
Director
Company Registration Number: 03394512

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

T & C C Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2014

1	Accounting policies

Basis of preparation

The full accounts, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts receivable in the ordinary course of business for services provided excluding VAT.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:


Equipment	4 years straight line basis

Operating lease agreements

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 2

T & C C Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2014

2	Fixed assets

	Tangible assets £	Total £
Cost
At 1 October 2013	70,756	70,756
Additions	2,513	2,513
At 30 September 2014	73,269	73,269
Depreciation
At 1 October 2013	36,918	36,918
Charge for the year	3,590	3,590
At 30 September 2014	40,508	40,508
Net book value
At 30 September 2014	32,761	32,761
At 30 September 2013	33,838	33,838

3	Share capital

Allotted, called up and fully paid shares

	2014			2013
		No.	£		No.	£
Ordinary shares of £1 each		100	100		100	100

Control

The company is controlled by Minsthorpe Charitable Trust.

Page 3