Taurus Technology Recruitment Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 04893535 (England and Wales)

Abbreviated Accounts

for the Period 1 August 2014 to 31 January 2016

for

TAURUS TECHNOLOGY RECRUITMENT LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

D P Robinson

SECRETARY:

Swanarrow Limited

REGISTERED OFFICE:

1 Brook Court

Blakeney Road

Beckenham

Kent

BR3 1HG

REGISTERED NUMBER:

04893535 (England and Wales)

ACCOUNTANTS:

Maths Partnership

1 Brook Court

Blakeney Road

Beckenham

Kent

BR3 1HG

FIXED ASSETS

Tangible assets

2

7,592

9,845

CURRENT ASSETS

Debtors

614,228

580,335

Cash at bank

469,064

328,445

1,083,292

908,780

CREDITORS

Amounts falling due within one year

306,016

371,357

NET CURRENT ASSETS

777,276

537,423

TOTAL ASSETS LESS CURRENT
LIABILITIES

784,868

547,268

PROVISIONS FOR LIABILITIES

1,551

1,969

NET ASSETS

783,317

545,299

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

783,316

545,298

SHAREHOLDERS' FUNDS

783,317

545,299

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395
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 have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 9 May 2016 and were signed by:

D P Robinson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2014

24,262

Additions

2,277

At 31 January 2016

26,539

DEPRECIATION

At 1 August 2014

14,417

Charge for period

4,530

At 31 January 2016

18,947

NET BOOK VALUE

At 31 January 2016

7,592

At 31 July 2014

9,845

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.16

31.7.14

value:

£

1

'A' Ordinary voting

£1

1

4.	RELATED PARTY DISCLOSURES

During the period, total dividends of £116,892 (2014 - £79,437) were paid to the director .

During the period the company loaned its associate Vintage Vines Limited £125,409 (£120,119 - 2014). £291,827

(£166,418 - 2014) was due to the company at the year end. Mr Robinson is a director of Vintage Vines Limited. No interest

is charged on the loan.