Abbreviated Company Accounts - T PRINT & PUBLICITY LIMITED
Abbreviated Company Accounts - T PRINT & PUBLICITY LIMITED
Registered Number 05629925
T PRINT & PUBLICITY LIMITED
Abbreviated Accounts
30 November 2015
T PRINT & PUBLICITY LIMITED Registered Number 05629925
Abbreviated Balance Sheet as at 30 November 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors |
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Creditors: amounts falling due within one year |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
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Shareholders' funds |
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For the year ending 30 November 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 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
And signed on their behalf by:
T PRINT & PUBLICITY LIMITED Registered Number 05629925
Notes to the Abbreviated Accounts for the period ended 30 November 2015
1Accounting Policies
Basis of measurement and preparation of accounts
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
Turnover policy
Tangible assets depreciation policy
Equipment 33.33%
Fixtures & Fittings 10%
Other accounting policies
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
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.
£ | |
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Cost | |
At 1 December 2014 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 November 2015 |
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Depreciation | |
At 1 December 2014 |
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Charge for the year |
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On disposals |
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At 30 November 2015 |
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Net book values | |
At 30 November 2015 | 46 |
At 30 November 2014 | 69 |
4Transactions with directors
Name of director receiving advance or credit: | ||
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Description of the transaction: | ||
Balance at 1 December 2014: | £ |
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Advances or credits made: | £ |
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Advances or credits repaid: | £ |
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Balance at 30 November 2015: | £ |
The director's current account was overdrawn during the year. The maximum amount outstanding during the year was £10,511 and the amount outstanding at 30th November 2015 amounted to £4,230 (2014 £9,911) owed by Mr J Traverse, as included in other debtors. Interest charged by the company amounted to £327 (2014 £340).