Company Registration No. 06950880 (England and Wales)
Tiverton & Taunton Flooring Limited
Unaudited accounts
for the year ended 30 June 2018
Tiverton & Taunton Flooring Limited
Unaudited accounts
Contents
Tiverton & Taunton Flooring Limited
Company Information
for the year ended 30 June 2018
Company Number
06950880 (England and Wales)
Registered Office
39 BAMPTON STREET
TIVERTON
DEVON
EX16 6AH
Tiverton & Taunton Flooring Limited
Statement of financial position
as at
30 June 2018
Tangible assets
43,429
37,347
Inventories
38,000
35,000
Cash at bank and in hand
17,793
74,981
Creditors: amounts falling due within one year
(76,815)
(96,312)
Net current assets
174,123
266,126
Total assets less current liabilities
217,552
303,473
Creditors: amounts falling due after more than one year
(2,766)
(68,683)
Net assets
214,786
234,790
Called up share capital
1
1
Profit and loss account
214,785
234,789
Shareholders' funds
214,786
234,790
For the year ending 30 June 2018 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 14 November 2018.
Mr Hal White
Director
Company Registration No. 06950880
Tiverton & Taunton Flooring Limited
Notes to the Accounts
for the year ended 30 June 2018
Tiverton & Taunton Flooring Limited is a private company, limited by shares, registered in England and Wales, registration number 06950880. The registered office is 39 BAMPTON STREET, TIVERTON, DEVON, EX16 6AH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2017
41,223
70,800
2,951
114,974
Additions
-
15,615
-
15,615
At 30 June 2018
41,223
86,415
2,951
130,589
At 1 July 2017
30,917
44,303
2,407
77,627
Charge for the year
1,855
7,580
98
9,533
At 30 June 2018
32,772
51,883
2,505
87,160
At 30 June 2018
8,451
34,532
446
43,429
At 30 June 2017
10,306
26,497
544
37,347
Raw materials
38,000
35,000
Tiverton & Taunton Flooring Limited
Notes to the Accounts
for the year ended 30 June 2018
Trade debtors
65,145
56,657
Other debtors
130,000
195,800
7
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
25,821
19,058
Obligations under finance leases and hire purchase contracts
5,921
4,693
Trade creditors
31,022
32,606
Taxes and social security
13,551
39,455
8
Creditors: amounts falling due after more than one year
2018
2017
Other creditors
2,766
68,683
9
Average number of employees
During the year the average number of employees was 0 (2017: 0).