ACCOUNTS - Final Accounts preparation

TEARS FOR TIGERS LIMITED - Company Information

Registered number: 09010236

TEARS FOR TIGERS LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015


TEARS FOR TIGERS LIMITED REGISTERED NUMBER: 09010236

ABBREVIATED BALANCE SHEET

AS AT 31 DECEMBER 2015

2015

2014

	Note	£	£	£	£
FIXED ASSETS
Tangible assets	2		900		-

CURRENT ASSETS
Debtors	-		100
Cash at bank	18,161		-

	18,161		100
CREDITORS: amounts falling due within one year	(43,624)		-
NET CURRENT (LIABILITIES)/ASSETS		(25,463)		100

TOTAL ASSETS LESS CURRENT LIABILITIES

(24,563)

100

CAPITAL AND RESERVES
Called up share capital	3	100	100
Profit and loss account		(24,663)	-

SHAREHOLDERS' (DEFICIT)/FUNDS

(24,563)

100

The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 December 2015 and of its loss for the year in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 25 August 2016.

J M Baucher

Director

The notes on pages 2 to 3 form part of these financial statements.

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TEARS FOR TIGERS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

1.ACCOUNTING POLICIES

	1.1	Basis of preparation of financial statements
		The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	1.2	Turnover
		Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

	1.3	Tangible fixed assets and depreciation
		Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Office equipment

25% Reducing Balance

2.TANGIBLE FIXED ASSETS

		£
	Cost
	At 1 January 2015	-
	Additions	1,200
	At 31 December 2015	1,200

	Depreciation
	At 1 January 2015	-
	Charge for the year	300
	At 31 December 2015	300

	Net book value
	At 31 December 2015	900
	At 31 December 2014	-

3.SHARE CAPITAL

	2015	2014
	£	£
Allotted, called up and fully paid

100 Ordinary shares of £1 each	100	100

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TEARS FOR TIGERS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

4.DIRECTORS' BENEFITS: ADVANCES, CREDIT AND GUARANTEES

Included in other creditors due within one year is a loan from the directors, J M Baucher and N G J Baucher amounting to £(8,042) (2014 -£100).
 

5.RELATED PARTY TRANSACTIONS

The directors J M Baucher and N G J Baucher are also a directors and shareholders in Baucher & Co Limited a company incorporated in England and Wales.
During the year the company recieved a loan from Baucher & Co Limited amounting to £19,500.
At the end of the year there was an outstanding amount of £(19,500) due to Baucher & Co Limited. This amount is included in other creditors.

6.CONTROLLING PARTY

The company was controlled throughout the current and previous period by its directors, J M Baucher and N G J Baucher, by virtue of the fact that between them they own all of the company’s ordinary issued share capital.

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