Town & City Management Ltd - Limited company - abbreviated - 11.6
Town & City Management Ltd - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31ST DECEMBER 2014 |
| FOR |
| TOWN & CITY MANAGEMENT LTD |
| TOWN & CITY MANAGEMENT LTD (REGISTERED NUMBER: 06858249) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31st December 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| TOWN & CITY MANAGEMENT LTD |
| COMPANY INFORMATION |
| for the Year Ended 31st December 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| TOWN & CITY MANAGEMENT LTD (REGISTERED NUMBER: 06858249) |
| ABBREVIATED BALANCE SHEET |
| 31st December 2014 |
| 31/12/14 | 31/12/13 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| Investments | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
5 |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| 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. |
| TOWN & CITY MANAGEMENT LTD (REGISTERED NUMBER: 06858249) |
| ABBREVIATED BALANCE SHEET - continued |
| 31st December 2014 |
| The financial statements were approved by the Board of Directors on behalf by: |
| TOWN & CITY MANAGEMENT LTD (REGISTERED NUMBER: 06858249) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31st December 2014 |
| 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 April 2008). |
| Preparation of consolidated financial statements |
| The financial statements contain information about Town & City Management Ltd as an individual company and |
| do not contain consolidated financial information as the parent of a group. The company has taken the option |
| under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements. |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Goodwill |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
| under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
| are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the relevant period. The |
| capital element of the future payments is treated as a liability. |
| TOWN & CITY MANAGEMENT LTD (REGISTERED NUMBER: 06858249) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 31st December 2014 |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st January 2014 |
| and 31st December 2014 |
| AMORTISATION |
| At 1st January 2014 |
| Amortisation for year |
| At 31st December 2014 |
| NET BOOK VALUE |
| At 31st December 2014 |
| At 31st December 2013 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st January 2014 |
| Additions |
| At 31st December 2014 |
| DEPRECIATION |
| At 1st January 2014 |
| Charge for year |
| At 31st December 2014 |
| NET BOOK VALUE |
| At 31st December 2014 |
| At 31st December 2013 |
| 4. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| Additions | 1 |
| At 31st December 2014 | 1 |
| NET BOOK VALUE |
| At 31st December 2014 |
| TOWN & CITY MANAGEMENT LTD (REGISTERED NUMBER: 06858249) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 31st December 2014 |
| 4. | FIXED ASSET INVESTMENTS - continued |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 1,573 | 2 |
| Profit/(loss) for the year | 41,571 | (3 | ) |
| The company acquired the whole of the issued share capital of Town & City Secretaries Ltd on 1st January 2014. |
| 5. | CREDITORS |
| Creditors include an amount of £ |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31/12/14 | 31/12/13 |
| value: | £ | £ |
| Ordinary | 1p |
| Preferred | £1 |
| 180,001 | 180,001 |
| The preferred shares do not carry any rights to vote at general meetings or to receive any dividends. |