Twin Peaks Limited Small abbreviated accounts

TWIN PEAKS LIMITED - Company Information

FY Private Limited Company Company accounts 2016-05-13 2016-05-13 false true false false false false false false false false false false true true 2014-10-01 true xbrli:pure xbrli:shares iso4217:GBP 03150826 2014-10-01 2015-09-30 03150826 2015-09-30 03150826 2014-09-30 03150826 2014-09-30 03150826 uk-gaap:FixturesFittings 2014-10-01 2015-09-30 03150826 uk-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 03150826 uk-bus:Director1 2014-10-01 2015-09-30 03150826 uk-gaap:AllSubsidiaries 2014-10-01 2015-09-30 03150826 uk-bus:OrdinaryShareClass1 2015-09-30 03150826 uk-bus:OrdinaryShareClass1 2014-09-30 03150826 uk-lang:English 2014-10-01 2015-09-30 03150826 uk-curr:PoundSterling 2014-10-01 2015-09-30

Company registration number 03150826

TWIN PEAKS LIMITED

ABBREVIATED FINANCIAL STATEMENTS

30 September 2015

TWIN PEAKS LIMITED

ABBREVIATED BALANCE SHEET

30 September 2015

	2015	2014
Note	£	£
Fixed assets	2
Tangible assets	179,016	180,351
	------------	------------

Current assets

Debtors	8,590	160
Cash at bank	13,795	189
	------------	------------
	22,385	349
Creditors: Amounts falling due within one year	( 201,184)	( 183,813)
	------------	------------
Net current liabilities	(178,799)	(183,464)
	------------	------------
Total assets less current liabilities	217	(3,113)
	------------	------------

Capital and reserves

Called-up equity share capital	3	2	2
Profit and loss account	215	(3,115)
	------------	------------
Shareholders' funds/(deficit)	217	(3,113)
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For the year ended 30 September 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476; and

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.

These abbreviated financial statements were approved by the directors and authorised for issue on 22 April 2016 , and are signed on their behalf by:

A Fuest Director

Company Registration Number: 03150826

TWIN PEAKS LIMITED

NOTES TO THE ABBREVIATED FINANCIAL STATEMENTS

YEAR ENDED 30 SEPTEMBER 2015

1. Accounting policies

Basis of accounting

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 the value of goods sold and services provided net of value added tax.

Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset over the useful economic life of that asset as follows:

Office equipment-25% straight line

No depreciation is provided on the land and buildings.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2. Fixed assets

	Tangible Assets
	£

Cost

At 1 October 2014 and 30 September 2015	202,550
	------------

Depreciation

At 1 October 2014	22,199
Charge for year	1,335
	------------
At 30 September 2015	23,534
	------------

Net book value

At 30 September 2015	179,016
	------------
At 30 September 2014	180,351
	------------

3. Share capital

Allotted, called up and fully paid:

2015	2014
No	£	No	£
Ordinary shares of £ 1 each	2	2	2	2
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