Registered Number 04608681
THE TOM GROUP OF COMPANIES LIMITED
Abbreviated Accounts
31 December 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Creditors: amounts falling due within one year |
( |
( |
|
Net current assets (liabilities) |
( |
( |
|
Total assets less current liabilities |
( |
( |
|
Total net assets (liabilities) |
( |
( |
|
Capital and reserves | |||
Called up share capital | 2 |
|
|
Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Other accounting policies
The financial statement have been prepared on a going concern basis, the validity of which depends upon the continued support of the controlling party Mr T P Maxfield, a director of the company.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. Am equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issues, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability components are charged as interest expenses in the profit and loss account.