Abbreviated Company Accounts - THE COMMANDO TEMPLE LTD.

Abbreviated Company Accounts - THE COMMANDO TEMPLE LTD.


Registered Number 08314384

THE COMMANDO TEMPLE LTD.

Abbreviated Accounts

29 November 2014

THE COMMANDO TEMPLE LTD. Registered Number 08314384

Abbreviated Balance Sheet as at 29 November 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 16,838 14,725
16,838 14,725
Current assets
Debtors 2,375 2,375
Cash at bank and in hand 3,989 2,774
6,364 5,149
Creditors: amounts falling due within one year (48,847) (44,784)
Net current assets (liabilities) (42,483) (39,635)
Total assets less current liabilities (25,645) (24,910)
Creditors: amounts falling due after more than one year (15,000) (15,000)
Total net assets (liabilities) (40,645) (39,910)
Capital and reserves
Called up share capital 3 1 1
Profit and loss account (40,646) (39,911)
Shareholders' funds (40,645) (39,910)
  • For the year ending 29 November 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 25 November 2015

And signed on their behalf by:
Robert Blair, Director

THE COMMANDO TEMPLE LTD. Registered Number 08314384

Notes to the Abbreviated Accounts for the period ended 29 November 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, as follows:

Fixtures, Fitting and Equipment - 25% straight line

Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax, with the following exceptions:

Deferred tax assets are recoginsed only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

2Tangible fixed assets
£
Cost
At 1 December 2013 18,600
Additions 7,291
Disposals -
Revaluations -
Transfers -
At 29 November 2014 25,891
Depreciation
At 1 December 2013 3,875
Charge for the year 5,178
On disposals -
At 29 November 2014 9,053
Net book values
At 29 November 2014 16,838
At 30 November 2013 14,725
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
1 Ordinary shares of £1 each 1 1