Abbreviated Company Accounts - TYNE2LET LIMITED

Abbreviated Company Accounts - TYNE2LET LIMITED


Registered Number 08131766

TYNE2LET LIMITED

Abbreviated Accounts

31 July 2016

TYNE2LET LIMITED Registered Number 08131766

Abbreviated Balance Sheet as at 31 July 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 4,876 1,717
4,876 1,717
Current assets
Debtors 94 1,095
Cash at bank and in hand 44,584 14,325
44,678 15,420
Creditors: amounts falling due within one year (40,580) (1,270)
Net current assets (liabilities) 4,098 14,150
Total assets less current liabilities 8,974 15,867
Creditors: amounts falling due after more than one year (10) (13,395)
Total net assets (liabilities) 8,964 2,472
Capital and reserves
Called up share capital 1 1
Profit and loss account 8,963 2,471
Shareholders' funds 8,964 2,472
  • For the year ending 31 July 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 5 April 2017

And signed on their behalf by:
F MOHAMMED, Director

TYNE2LET LIMITED Registered Number 08131766

Notes to the Abbreviated Accounts for the period ended 31 July 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added and discounts, of services provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Plant and Machinery - 15% Reducing Balance

2Tangible fixed assets
£
Cost
At 1 August 2015 2,091
Additions 4,020
Disposals -
Revaluations -
Transfers -
At 31 July 2016 6,111
Depreciation
At 1 August 2015 374
Charge for the year 861
On disposals -
At 31 July 2016 1,235
Net book values
At 31 July 2016 4,876
At 31 July 2015 1,717