Techinservice Limited
|
Registered number: |
07899275
|
Abbreviated Balance Sheet |
as at 31 January 2016
|
|
Notes |
|
|
2016 |
|
|
2015 |
€ |
€ |
Current assets |
Debtors |
|
|
785,586 |
|
|
2,055,631 |
Cash at bank and in hand |
|
|
122,822 |
|
|
50,116 |
|
|
|
908,408 |
|
|
2,105,747 |
|
Creditors: amounts falling due within one year |
|
|
(882,503) |
|
|
(2,053,324) |
|
Net current assets |
|
|
|
25,905 |
|
|
52,423 |
|
Net assets |
|
|
|
25,905 |
|
|
52,423 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
2 |
|
|
1 |
|
|
1 |
Profit and loss account |
|
|
|
25,904 |
|
|
52,422 |
|
Shareholders' funds |
|
|
|
25,905 |
|
|
52,423 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The director acknowledges his 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.
|
|
|
|
Mr Hugh Richard Rowland Meirion Lloyd |
Director |
Approved by the board on 24 November 2016
|
|
Techinservice Limited
|
Notes to the Abbreviated Accounts |
for the year ended 31 January 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 is attributable to the sale of equipment. Turnover is recorded net of VAT and recognised when significant risks and rewards of ownership of the goods have been transferred to the customer, which is usually when the Company has sold or delivered goods to the customer, the customer has accepted the goods and collectability of the related receivable is reasonably assured.
|
|
|
Foreign currencies |
|
Assets and liabilities in foreign currencies are transalated into EURO at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into EURO at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. The difference arising on the restatement of the net investment and of matching foreign currency liabilities are dealt with as adjustments to other reserves. All other exchange differences are dealt with in profit and loss account. |
|
|
Trade debtors |
|
Trade debtors are measured at initial recognition at fair value. Where an impairment has been identified on initial measurement, the carrying amount of assets immidiately written down ro recoverable amount. The bad and doubtful debts are recognised in the profit and loss account. |
|
|
Trade creditors |
|
Trade creditors are measured at initial recognition at fair value. |
|
|
2 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
value |
Number |
€ |
€ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
1 |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|