Thisisallgood Limited Accounts

THISISALLGOOD LIMITED - Company Information






Thisisallgood Limited
	Company No. 05897279
		Abbreviated Accounts
		31 August 2015

at	31 August 2015

Company No.		05897279	Notes	2015	2014
				£	£
Fixed assets
	Intangible assets		2	2,200	4,400
	Tangible assets		2	9,624	5,067

				11,824	9,467
Current assets

	Debtors			9,075	11,794

	Cash at bank and in hand			6,335	5,730
				15,410	17,524
Creditors: Amounts falling due within one year				(22,862)	(21,473)
Net current liabilities				(7,452)	(3,949)
Total assets less current liabilities				4,372	5,518

Provisions for liabilities
	Deferred taxation			(1,925)	(1,014)

Net assets				2,447	4,504

Capital and reserves
	Called up share capital		3	100	100



	Profit and loss account			2,347	4,404

Shareholders' funds				2,447	4,504

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

For the year ended 31 August 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 26 May 2016

And signed on its behalf by:

P.R. Dodd
Director
26 May 2016

for the year ended 31 August 2015

Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) ["the FRSSE"].

Turnover

Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Furniture, fittings and equipment

15% Reducing balance

Goodwill being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of 10 years.

Deferred taxation

Deferred tax 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 tax is provided in full on timing differences which result in an obligation to pay more (or a right to pay less) tax at a future date, at the tax rates that are expected to apply when the timing differences reverse, based upon current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be recovered. Deferred tax assets and liabilities are not discounted.

2	Fixed assets
		Intangible fixed assets	Tangible fixed assets	Total
		£	£	£
	Cost or revaluation
	At 1 September 2014	22,000	7,660	29,660
	Additions	-	5,790	5,790



	At 31 August 2015	22,000	13,450	35,450
	Amortisation
	At 1 September 2014	17,600	2,593	20,193
	Charge for the year	2,200	1,233	3,433



	At 31 August 2015	19,800	3,826	23,626
	Net book values
	At 31 August 2015	2,200	9,624	11,824
	At 31 August 2014	4,400	5,067	9,467

3	Share Capital
		Nominal value	2015	2015	2014
		£	Number	£	£
	Allotted, called up and fully paid:

	Ordinary A shares	1.00	75	75	75
	Ordinary B Shares	1.00	25	25	25


				100	100