Company Registration No. 06294566 (England and Wales)
TRADETRACKER UK LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2014
TRADETRACKER UK LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
TRADETRACKER UK LTD
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2014
31 December 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Tangible assets
2
19,777
3,806
Current assets
Debtors
173,549
152,360
Cash at bank and in hand
174,059
117,592
347,608
269,952
Creditors: amounts falling due within one year
(419,272)
(447,167)
Net current liabilities
(71,664)
(177,215)
Total assets less current liabilities
(51,887)
(173,409)
Capital and reserves
Called up share capital
3
2
2
Profit and loss account
(51,889)
(173,411)
Shareholders' funds
(51,887)
(173,409)
For the financial year ended 31 December 2014 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 10 September 2015
Paul Van Doorn
Director
Company Registration No. 06294566
TRADETRACKER UK LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014
- 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).
The company's shareholders have undertaken to continue to support the company for a period of twelve months, at least, from the date of approval of these financial statements and the directors therefore consider it appropriate to prepare the financial statements on a going concern basis. No provision has been made for any adjustment which would result from a withdrawal of this support.
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:
Computer equipment
25% reducing balance
Fixtures, fittings & equipment
25% reducing balance
Motor vehicles
25% reducing balance
2
Fixed assets
Tangible assets
£
Cost
At 1 January 2014
6,658
Additions
21,615
At 31 December 2014
28,273
Depreciation
At 1 January 2014
2,852
Charge for the year
5,644
At 31 December 2014
8,496
Net book value
At 31 December 2014
19,777
At 31 December 2013
3,806
TRADETRACKER UK LTD
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2014
- 3 -
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid
2 Ordinary shares of £1 each
2
2
4
Ultimate parent company
The ultimate parent company is TradeTracker International B.V, a company incorporated in the Netherlands.