Company Registration No. 09403623 (England and Wales)
TREETOP SERVICES (ESSEX TREE SURGEONS) LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2016
TREETOP SERVICES (ESSEX TREE SURGEONS) LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
TREETOP SERVICES (ESSEX TREE SURGEONS) LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 JANUARY 2016
31 January 2016
- 1 -
2016
Notes
£
£
Fixed assets
Tangible assets
2
11,784
Current assets
Debtors
7,087
Cash at bank and in hand
6,546
13,633
Creditors: amounts falling due within one year
(18,942)
Net current liabilities
(5,309)
Total assets less current liabilities
6,475
Creditors: amounts falling due after more than one year
(6,347)
128
Capital and reserves
Called up share capital
3
100
Profit and loss account
28
Shareholders' funds
128
For the financial period ended 31 January 2016 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 period 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 15 July 2016
Mr T Veater
Director
Company Registration No. 09403623
TREETOP SERVICES (ESSEX TREE SURGEONS) LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31 JANUARY 2016
- 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 January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets 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:
Motor vehicles
25% straight line
1.5
Leasing and hire purchase commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2
Fixed assets
Tangible assets
£
Cost
At 23 January 2015
-
Additions
15,712
At 31 January 2016
15,712
Depreciation
At 23 January 2015
-
Charge for the period
3,928
At 31 January 2016
3,928
Net book value
At 31 January 2016
11,784
TREETOP SERVICES (ESSEX TREE SURGEONS) LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE PERIOD ENDED 31 JANUARY 2016
- 3 -
3
Share capital
2016
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100