Templar Southwest Limited - Period Ending 2016-03-31

Templar Southwest Limited - Period Ending 2016-03-31


Templar Southwest Limited07119598falsetrue2015-04-012016-03-312016-03-31071195982015-04-012016-03-31071195982016-03-3107119598uk-bus:OrdinaryShareClass12016-03-3107119598uk-gaap:Subsidiary12016-03-3107119598uk-bus:Director12015-04-012016-03-3107119598uk-bus:OrdinaryShareClass12015-04-012016-03-3107119598uk-gaap:Subsidiary12015-04-012016-03-3107119598uk-gaap:Subsidiary1uk-countries:UnitedKingdom2015-04-012016-03-3107119598uk-gaap:MotorVehicles2015-04-012016-03-31071195982015-03-31071195982015-03-3107119598uk-bus:OrdinaryShareClass12015-03-31iso4217:GBPxbrli:purexbrli:shares


 

 

 

 

 

 

 

 
Templar Southwest Limited
 

 
Unaudited Abbreviated Accounts
 
Year Ended 31 March 2016
 

 
Company Registration Number: 07119598

 

Templar Southwest Limited
Contents

Abbreviated Balance Sheet

1 to 2

Notes to the Abbreviated Accounts

3 to 4

 

Templar Southwest Limited
Abbreviated Balance Sheet
31 March 2016

   

Note

   

2016
£

   

2015
£

 

Fixed assets

 

             

Tangible fixed assets

 

2

   

-

   

4,348

 

Investments

 

2

   

116

   

121

 
   

   

116

   

4,469

 

Current assets

 

             

Debtors

 

   

388,684

   

330,640

 

Cash at bank and in hand

 

   

59,005

   

70,990

 
   

   

447,689

   

401,630

 

Creditors: Amounts falling due within one year

 

   

(3,803)

   

(7,092)

 

Net current assets

 

   

443,886

   

394,538

 

Net assets

 

   

444,002

   

399,007

 

Capital and reserves

 

             

Called up share capital

 

3

   

200

   

200

 

Profit and loss account

 

   

443,802

   

398,807

 

Shareholders' funds

 

   

444,002

   

399,007

 

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 1

 

Templar Southwest Limited
Abbreviated Balance Sheet
31 March 2016 ......... continued

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 director acknowledges his 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 director on 16 December 2016

Mr B J Knights
Director


Company Registration Number: 07119598

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

 

Templar Southwest Limited
Notes to the Abbreviated Accounts
Year Ended 31 March 2016 ......... continued

1

Accounting policies

Basis of preparation

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).

Exemption from preparing group accounts

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Depreciation method and rate

Motor vehicles

25% reducing balance

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

2

Fixed assets

   

Tangible assets
£

   

Investments
£

   

Total
£

 

Cost

                 

At 1 April 2015

 

10,995

   

121

   

11,116

 

Additions

 

-

   

21

   

21

 

Disposals

 

(10,995)

   

(26)

   

(11,021)

 

At 31 March 2016

 

-

   

116

   

116

 

Depreciation

                 

At 1 April 2015

 

6,647

   

-

   

6,647

 

Eliminated on disposals

 

(6,647)

   

-

   

(6,647)

 

At 31 March 2016

 

-

   

-

   

-

 

Net book value

                 

At 31 March 2016

 

-

   

116

   

116

 

At 31 March 2015

 

4,348

   

121

   

4,469

 
 

Templar Southwest Limited
Notes to the Abbreviated Accounts
Year Ended 31 March 2016 ......... continued

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Country of incorporation

Holding

Proportion of voting rights and shares held

Principal activity

Subsidiary undertakings

Subway Southwest Limited

United Kingdom

Ordinary Shares

100.00%

Cafeteria and takeaway services

The loss for the financial period of Subway Southwest Limited was £55,747 and the aggregate amount of capital and reserves at the end of the period was (£364,173).

3

Share capital

Allotted, called up and fully paid shares

 

2016

2015

   

No.

   

£

   

No.

   

£

 

Ordinary shares of £1 each

 

200

   

200

   

200

   

200