Abbreviated Company Accounts - THAMES CONTRACT FLOORING LTD

Registered Number 06351580

THAMES CONTRACT FLOORING LTD

Abbreviated Accounts

31 October 2015

THAMES CONTRACT FLOORING LTD Registered Number 06351580

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	2,022	1,684
		2,022	1,684
Current assets
Debtors		7,445	12,105
Cash at bank and in hand		17,753	31,140
		25,198	43,245
Creditors: amounts falling due within one year		(24,054)	(21,980)
Net current assets (liabilities)		1,144	21,265
Total assets less current liabilities		3,166	22,949
Provisions for liabilities		(404)	(303)
Total net assets (liabilities)		2,762	22,646
Capital and reserves
Called up share capital		100	100
Profit and loss account		2,662	22,546
Shareholders' funds		2,762	22,646

For the year ending 31 October 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.

Approved by the Board on 7 January 2016

And signed on their behalf by:
P B Watts, Director

THAMES CONTRACT FLOORING LTD Registered Number 06351580

Notes to the Abbreviated Accounts for the period ended 31 October 2015

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 net invoiced sales of goods and services excluding VAT.

Tangible assets depreciation policy
Fixed assets are shown at historical cost.
Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.
Commercial Vehicle - reducing balance 25%
Equipment - reducing balance 15%

Other accounting policies
Taxation
Corporation Tax is provided on taxable profits at the current rate.
Deferred taxation arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts> Deferred taxation is provided in full on timing differences which result in an obligation to pay more tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.

2Tangible fixed assets

	£
Cost
At 1 November 2014	5,901
Additions	750
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2015	6,651
Depreciation
At 1 November 2014	4,217
Charge for the year	412
On disposals	-
At 31 October 2015	4,629
Net book values
At 31 October 2015	2,022
At 31 October 2014	1,684