Abbreviated Company Accounts - TICK CONSTRUCTION LIMITED

TICK CONSTRUCTION LIMITED - Company Information

06205712 TICK CONSTRUCTION LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 06205712 2015-05-01 2016-04-30 06205712 2016-04-30 06205712 2015-04-30 06205712 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 06205712 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 06205712

TICK CONSTRUCTION LIMITED

Abbreviated Accounts

30 April 2016

TICK CONSTRUCTION LIMITED Registered Number 06205712

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	16,500	18,000
Tangible assets	3	3,766	4,795
		20,266	22,795
Current assets
Stocks		2,100	1,500
Debtors		1,656	8,509
Cash at bank and in hand		111,893	10,366
		115,649	20,375
Creditors: amounts falling due within one year		(35,084)	(3,386)
Net current assets (liabilities)		80,565	16,989
Total assets less current liabilities		100,831	39,784
Creditors: amounts falling due after more than one year		(88,000)	(39,000)
Total net assets (liabilities)		12,831	784
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		12,830	783
Shareholders' funds		12,831	784

For the year ending 30 April 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 30 January 2017

And signed on their behalf by:
Mr J Jones, Director

TICK CONSTRUCTION LIMITED Registered Number 06205712

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with the financial reporting standard for smaller entities (effective January 2015)

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the period and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 25% reducing balance
Motor Vehicles - 25% reducing balance

Other accounting policies
Good will
Acquired Good Will is written off in equal annual instalments over its estimated usefl economic life of 20 years.
Stock
Stock is valued at the lower of cost and net realisable value.

2Intangible fixed assets

	£
Cost
At 1 May 2015	30,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	30,000
Amortisation
At 1 May 2015	12,000
Charge for the year	1,500
On disposals	-
At 30 April 2016	13,500
Net book values
At 30 April 2016	16,500
At 30 April 2015	18,000

3Tangible fixed assets

	£
Cost
At 1 May 2015	25,775
Additions	225
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	26,000
Depreciation
At 1 May 2015	20,980
Charge for the year	1,254
On disposals	-
At 30 April 2016	22,234
Net book values
At 30 April 2016	3,766
At 30 April 2015	4,795

4Called Up Share Capital
Allotted, called up and fully paid:

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