TG Jointing Services Limited
|
Registered number: |
08074459
|
Abbreviated Balance Sheet |
as at 31 May 2016
|
|
Notes |
|
|
2016 |
|
|
2015 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
11,971 |
|
|
9,420 |
|
Current assets |
Works in progress |
|
|
30,676 |
|
|
- |
Debtors |
|
|
9,685 |
|
|
17,295 |
Cash at bank and in hand |
|
|
29,658 |
|
|
15,635 |
|
|
|
70,019 |
|
|
32,930 |
|
Creditors: amounts falling due within one year |
|
|
(51,106) |
|
|
(24,194) |
|
Net current assets |
|
|
|
18,913 |
|
|
8,736 |
|
Total assets less current liabilities |
|
|
|
30,884 |
|
|
18,156 |
|
|
Provisions for liabilities |
|
|
|
(2,394) |
|
|
(1,884) |
|
|
Net assets |
|
|
|
28,490 |
|
|
16,272 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
28,390 |
|
|
16,172 |
|
Shareholders' funds |
|
|
|
28,490 |
|
|
16,272 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
Timothy Gwennell |
Director |
Approved by the board on 12 January 2017
|
|
TG Jointing Services Limited
|
Notes to the Abbreviated Accounts |
for the year ended 31 May 2016
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
15% written down value
|
|
Motor vehicles |
25% written down value
|
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 June 2015 |
14,511 |
|
Additions |
5,621 |
|
At 31 May 2016 |
20,132 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 June 2015 |
5,091 |
|
Charge for the year |
3,070 |
|
At 31 May 2016 |
8,161 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2016 |
11,971 |
|
At 31 May 2015 |
9,420 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1.00 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|