Registered Number 08337888

TAYLOR BOWES PROJECT SERVICES LIMITED

Abbreviated Accounts

31 December 2015

TAYLOR BOWES PROJECT SERVICES LIMITED Registered Number 08337888

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 2,109 2,812
2,109 2,812
Current assets
Debtors - 1,320
Cash at bank and in hand 20,627 10,363
20,627 11,683
Creditors: amounts falling due within one year (22,502) (18,364)
Net current assets (liabilities) (1,875) (6,681)
Total assets less current liabilities 234 (3,869)
Total net assets (liabilities) 234 (3,869)
Capital and reserves
Called up share capital 3 10 10
Profit and loss account 224 (3,879)
Shareholders' funds 234 (3,869)
  • For the year ending 31 December 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 27 September 2016

And signed on their behalf by:
W M Taylor, Director

TAYLOR BOWES PROJECT SERVICES LIMITED Registered Number 08337888

Notes to the Abbreviated Accounts for the period ended 31 December 2015

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 January 2015.

Turnover policy
Turnover represents the total invoice value, including value added tax, of sales made during the year and derives from the provision of services 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

Other accounting policies
Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax, with the following exceptions:

Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

2Tangible fixed assets
£
Cost
At 1 January 2015 4,650
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2015 4,650
Depreciation
At 1 January 2015 1,838
Charge for the year 703
On disposals -
At 31 December 2015 2,541
Net book values
At 31 December 2015 2,109
At 31 December 2014 2,812
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
10 Ordinary shares of £1 each 10 10