Registered Number 08733902

TS LANDSCAPING LIMITED

Abbreviated Accounts

30 October 2016

TS LANDSCAPING LIMITED Registered Number 08733902

Abbreviated Balance Sheet as at 30 October 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 1,869 2,336
1,869 2,336
Current assets
Stocks 575 730
Cash at bank and in hand 7,557 4,448
8,132 5,178
Creditors: amounts falling due within one year (9,469) (5,433)
Net current assets (liabilities) (1,337) (255)
Total assets less current liabilities 532 2,081
Total net assets (liabilities) 532 2,081
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 432 1,981
Shareholders' funds 532 2,081
  • For the year ending 30 October 2016 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 July 2017

And signed on their behalf by:
Mr Thomas Stanley, Director

TS LANDSCAPING LIMITED Registered Number 08733902

Notes to the Abbreviated Accounts for the period ended 30 October 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible assets depreciation policy
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Freehold buildings Not applicable
Leasehold land and buildings Not applicable
Plant and machinery 20% reducing balance
Motor vehicles 20% reducing balance

Other accounting policies
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

2Tangible fixed assets
£
Cost
At 31 October 2015 3,650
Additions -
Disposals -
Revaluations -
Transfers -
At 30 October 2016 3,650
Depreciation
At 31 October 2015 1,314
Charge for the year 467
On disposals -
At 30 October 2016 1,781
Net book values
At 30 October 2016 1,869
At 30 October 2015 2,336
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
100 Ordinary shares of £1 each 100 100