Abbreviated Company Accounts - DAVID TITCHENER LIMITED

DAVID TITCHENER LIMITED - Company Information

04353696 DAVID TITCHENER LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 04353696 2015-04-01 2016-03-31 04353696 2016-03-31 04353696 2015-03-31 04353696 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 04353696 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 04353696

DAVID TITCHENER LIMITED

Abbreviated Accounts

31 March 2016

DAVID TITCHENER LIMITED Registered Number 04353696

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	5,015	14,664
		5,015	14,664
Current assets
Stocks		200	200
Debtors		547	1,713
Cash at bank and in hand		554	1,105
		1,301	3,018
Creditors: amounts falling due within one year		(5,362)	(5,807)
Net current assets (liabilities)		(4,061)	(2,789)
Total assets less current liabilities		954	11,875
Provisions for liabilities		(837)	(2,730)
Total net assets (liabilities)		117	9,145
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		17	9,045
Shareholders' funds		117	9,145

For the year ending 31 March 2016 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 8 April 2016

And signed on their behalf by:
Mr D G Titchener, Director

DAVID TITCHENER LIMITED Registered Number 04353696

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 25% straight line

Valuation information and policy
Stocks
Stock is valued at the lower of cost and net realisable value.

Other accounting policies
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2Tangible fixed assets

	£
Cost
At 1 April 2015	39,879
Additions	-
Disposals	(17,017)
Revaluations	-
Transfers	-
At 31 March 2016	22,862
Depreciation
At 1 April 2015	25,215
Charge for the year	1,672
On disposals	(9,040)
At 31 March 2016	17,847
Net book values
At 31 March 2016	5,015
At 31 March 2015	14,664

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100