Accounts filed on 31-05-2015

Accounts filed on 31-05-2015

TOEM LIMITED - Company Information

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TOEM LIMITED

Company Registration Number:
05829397 (England and Wales)

Report of the Directors and Unaudited Financial Statements

Period of accounts

Start date: 01 June 2014

End date: 31 May 2015

TOEM LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2015

Company Information
Report of the Directors
Profit and Loss Account
Gains and Losses
Balance sheet
Notes to the Financial Statements

TOEM LIMITED

Company Information

for the Period Ended 31 May 2015




Director: John O'Sullivan
Secretary: Hazel O'Sullivan
Registered office: St Mary'S Vicarage
The Avenue
West Wickham
Kent
England
BR4 0DX
Company Registration Number: 05829397 (England and Wales)

TOEM LIMITED

Directors' Report Period Ended 31 May 2015

The directors present their report with the financial statements of the company for the period ended 31 May 2015

Principal activities

The supply of business services

Directors
 The directors shown below have held office during the whole of the period from
01 June 2014 to 31 May 2015
John O'Sullivan

Political and charitable donations

No political or charitable donations were made during the year.

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on 14 December 2015
And Signed On Behalf Of The Board By:

Name: John O'Sullivan
Status: Director

TOEM LIMITED

Profit and Loss Account

for the Period Ended 31 May 2015


Notes
2015
£
2014
£
Turnover: 129,450 129,600
Cost of sales: 0 0
Gross profit or (loss): 129,450 129,600
Distribution costs: 0 0
Administrative expenses: ( 122,349 ) ( 118,529 )
Other operating income: 0 0
Operating profit or (loss): 7,101 11,071
Interest receivable and similar income: 53 62
Interest payable and similar charges: 0 0
Profit or (loss) on ordinary activities before taxation: 7,154 11,133
Tax on profit or (loss) on ordinary activities: 270 ( 3,912 )
Profit or (loss) for the financial year: 7,424 7,221

The notes form part of these financial statements

TOEM LIMITED

Statement of total recognised gains and losses

The company does not have any gains and losses other than Profit and Loss for the period to report

TOEM LIMITED

Balance sheet

As at 31 May 2015


Notes
2015
£
2014
£
Fixed assets
Intangible assets: 0 0
Tangible assets: 2 0 167
Total fixed assets: 0 167
Current assets
Stocks: 0 0
Debtors: 34,815 29,093
Cash at bank and in hand: 7,623 14,331
Total current assets: 42,438 43,424
Creditors: amounts falling due within one year: ( 10,194 ) ( 18,771 )
Net current assets (liabilities): 32,244 24,653
Total assets less current liabilities: 32,244 24,820
Creditors: amounts falling due after more than one year: 0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 32,244 24,820

The notes form part of these financial statements

TOEM LIMITED

Balance sheet continued

As at 31 May 2015


Notes
2015
£
2014
£
Capital and reserves
Called up share capital: 3 2 2
Revaluation reserve: 0 0
Profit and loss account: 4 32,242 24,818
Shareholders funds: 32,244 24,820

For the year ending 31 May 2015 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.

The financial statements were approved by the Board of Directors on 14 December 2015

SIGNED ON BEHALF OF THE BOARD BY:

Name: John O'Sullivan
Status: Director

The notes form part of these financial statements

TOEM LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2015

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    Applicable accounting standards under the historical accounting rules.

    Turnover policy

    Turnover represents the amounts (excl. VAT) derived from the provision of goods and services to customers.

    Tangible fixed assets depreciation policy

    Write off the cost less the estimated residual value of tangible fixed assets by equal installments over their estimated useful economic lives.

TOEM LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2015

  • 2. Tangible assets

    Land and buildings Plant and Machinery Fixtures and fittings Office Equipment Motor vehicles Total
    Cost £ £ £ £ £ £
    01 June 2014: - 333 - - - 333
    Additions: - 0 - - - 0
    Disposals: - 0 - - - 0
    Revaluations: - ( 333 ) - - - ( 333 )
    Transfers: - 0 - - - 0
    31 May 2015: - 0 - - - 0
    Depreciation
    01 June 2014: - 166 - - - 166
    Charge for year: - 0 - - - 0
    On disposals: - 0 - - - 0
    Other adjustments: - ( 166 ) - - - ( 166 )
    31 May 2015: - 0 - - - 0
    Net book value
    31 May 2015: - 0 - - - 0
    31 May 2014: - 167 - - - 167

TOEM LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2015

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2014
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0 0
    Total share capital (£): 2
    Current period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 2 1.00 2
    Preference shares: 0 0
    Total share capital (£): 2

TOEM LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2015

  • 4. Profit and loss account


    2015
    £
    2014
    £
    Opening balance: 24,818 17,597
    Profit or (loss) for the period: 7,424 7,221
    Equity dividends paid: 0 0
    Retained profit: 32,242 24,818