Trygort Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC099646 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2014

for

Trygort Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P K Sood

V K Sharma

SECRETARY:

P K Sood

REGISTERED OFFICE:

505 Great Western Road

Kelvinbridge

GLASGOW

G12 8HN

REGISTERED NUMBER:

SC099646 (Scotland)

ACCOUNTANTS:

The Kelvin Partnership Ltd

Chartered Accountants

The Cooper Building

505 Great Western Road

Glasgow

G12 8HN

FIXED ASSETS

Tangible assets

2

927,607

1,681,116

Investments

3

100

-

927,707

1,681,116

CURRENT ASSETS

Debtors

3,568,955

875,455

Cash at bank

60

8,056

3,569,015

883,511

CREDITORS

Amounts falling due within one year

4

500,179

436,894

NET CURRENT ASSETS

3,068,836

446,617

TOTAL ASSETS LESS CURRENT LIABILITIES

3,996,543

2,127,733

CREDITORS

Amounts falling due after more than one year

4

766,358

969,096

NET ASSETS

3,230,185

1,158,637

CAPITAL AND RESERVES

Called up share capital

5

100

100

Profit and loss account

3,230,085

1,158,537

SHAREHOLDERS' FUNDS

3,230,185

1,158,637

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

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

The directors acknowledge their 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 Board of Directors on 31 July 2015 and were signed on its behalf by:

P K Sood - 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).

Preparation of consolidated financial statements

The financial statements contain information about Trygort Limited as an individual company and do not contain

consolidated financial information as the parent of a group. The company has taken the option under Section

398 of the Companies Act 2006 not to prepare consolidated financial statements.

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover is the amount receivable for the provision of goods and services falling within the company's ordinary

activities, 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.

Freehold property

-

2% on cost

Deferred tax

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

sheet date where transactions or events have occurred at that date that will result in an obligation to pay more

tax, or a right to pay less tax, or a right to receive repayments of tax.

Deferred tax assets are recognised only to the extent that the directors consider it more likely than not that there

will be suitable taxable profits from which the future reversal of the underlying timing differences can be

deducted.

Deferred tax is measured tax rates that are expected to apply in the period in which timing differences reverse,

based on tax rates and laws enacted or substantively enacted at the balance sheet date..

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

2,324,672

Disposals

(1,010,015

)

At 31 October 2014

1,314,657

DEPRECIATION

At 1 November 2013

643,556

Charge for year

46,494

Eliminated on disposal

(303,000

)

At 31 October 2014

387,050

NET BOOK VALUE

At 31 October 2014

927,607

At 31 October 2013

1,681,116

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

Additions

100

At 31 October 2014

100

NET BOOK VALUE

At 31 October 2014

100

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Trygort (number 4) Limited

Nature of business: Property investment

%

Class of shares:

holding

Ordinary

100.00

4.

CREDITORS

Creditors include an amount of £ 1,009,464 (31.10.13 - £ 1,196,879 ) for which security has been given.

They also include the following debts falling due in more than five years:

31.10.14

31.10.13

£

£

Repayable by instalments

-

182,305

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.14

31.10.13

value:

£

£

100

Ordinary

£1

100

100