Company Registration No. 1274965 (England and Wales)
T R SHOP LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2015
T R SHOP LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
T R SHOP LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 OCTOBER 2015
31 October 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
205,130
205,142
Current assets
Stocks
75,000
60,000
Debtors
22,955
18,019
Cash at bank and in hand
3,144
865
101,099
78,884
Creditors: amounts falling due within one year
(179,334)
(211,377)
Net current liabilities
(78,235)
(132,493)
Total assets less current liabilities
126,895
72,649
Capital and reserves
Called up share capital
3
1,000
1,000
Profit and loss account
125,895
71,649
Shareholders' funds
126,895
72,649
For the financial year ended 31 October 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 7 February 2016
G Louki
Director
Company Registration No. 1274965
T R SHOP LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.3
Tangible fixed assets and depreciation
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings - freehold
5% on cost
Fixtures, fittings & equipment
15% on net book value
2
Fixed assets
Tangible assets
£
Cost
At 1 November 2014 & at 31 October 2015
217,572
Depreciation
At 1 November 2014
12,430
Charge for the year
12
At 31 October 2015
12,442
Net book value
At 31 October 2015
205,130
At 31 October 2014
205,142
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
1,000 Ordinary of £1 each
1,000
1,000