Tamara Glass Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 01282144

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

TAMARA GLASS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

C A Bunn

G D Bunn

SECRETARY:

C A Bunn

REGISTERED OFFICE:

5 Argosy Court

Scimitar Way

Whitley Business Park

Coventry

CV3 4GA

REGISTERED NUMBER:

01282144

ACCOUNTANTS:

Prime

Chartered Accountants

5 Argosy Court

Scimitar Way

Whitley Business Park

Coventry

CV3 4GA

FIXED ASSETS

Tangible assets

2

64,876

59,510

CURRENT ASSETS

Stocks

32,439

30,550

Debtors

100,556

79,933

Cash at bank and in hand

92,626

52,591

225,621

163,074

CREDITORS

Amounts falling due within one year

3

114,352

102,878

NET CURRENT ASSETS

111,269

60,196

TOTAL ASSETS LESS CURRENT LIABILITIES

176,145

119,706

CREDITORS

Amounts falling due after more than one year

3

(12,469

)

(23,786

)

PROVISIONS FOR LIABILITIES

(4,152

)

(1,924

)

NET ASSETS

159,524

93,996

CAPITAL AND RESERVES

Called up share capital

4

1,000

1,000

Profit and loss account

158,524

92,996

SHAREHOLDERS' FUNDS

159,524

93,996

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 26 September 2015 and were signed on its behalf by:

C A Bunn - Director

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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

10% reducing balance / 25% straight line

Motor vehicles

-

20% on reducing balance

Stocks

Stocks and work in progress 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

237,289

Additions

21,032

Disposals

(11,000

)

At 31 March 2015

247,321

DEPRECIATION

At 1 April 2014

177,779

Charge for year

15,666

Eliminated on disposal

(11,000

)

At 31 March 2015

182,445

NET BOOK VALUE

At 31 March 2015

64,876

At 31 March 2014

59,510

3.

CREDITORS

Creditors include an amount of £ 18,086 (2014 - £ 23,703 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1,000

Ordinary

£1

1,000

1,000