20Ten Trading Company Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07322693 (England and Wales)

20Ten Trading Company Limited

Abbreviated Unaudited Accounts for the Year Ended 31 July 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountants

4

DIRECTOR:

N P Augur

REGISTERED OFFICE:

32 The Crescent

Spalding

Lincolnshire

PE11 1AF

REGISTERED NUMBER:

07322693 (England and Wales)

ACCOUNTANTS:

Salway and Wright

Chartered Accountants

32 The Crescent

Spalding

Lincolnshire

PE11 1AF

FIXED ASSETS

Tangible assets

2

3,052

4,069

CURRENT ASSETS

Debtors

8,475

5,563

Cash at bank

77

1,121

8,552

6,684

CREDITORS

Amounts falling due within one year

7,005

7,964

NET CURRENT ASSETS/(LIABILITIES)

1,547

(1,280

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,599

2,789

PROVISIONS FOR LIABILITIES

250

351

NET ASSETS

4,349

2,438

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

3,349

1,438

SHAREHOLDERS' FUNDS

4,349

2,438

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 27 April 2015 and were signed by:

N P Augur - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2013

and 31 July 2014

6,120

DEPRECIATION

At 1 August 2013

2,051

Charge for year

1,017

At 31 July 2014

3,068

NET BOOK VALUE

At 31 July 2014

3,052

At 31 July 2013

4,069

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.14

31.7.13

value:

£

£

1,000

Ordinary

£1

1,000

1,000

4.	RELATED PARTY DISCLOSURES

During the year, total dividends of £1,000 (2013 - £1,000) were paid to the director .

The company is owned and controlled by Mr N. Augur who owns all the issued share capital.

At the balance sheet date the company owed the director £5,151 ( 2013 £6,858).

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2014 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Salway and Wright

Chartered Accountants

32 The Crescent

Spalding

Lincolnshire

PE11 1AF

27 April 2015