Abbreviated Company Accounts - TRACTION RAIL ELECTRICAL LIMITED

Abbreviated Company Accounts - TRACTION RAIL ELECTRICAL LIMITED

TRACTION RAIL ELECTRICAL LIMITED - Company Information

Print Friendly Version

Registered Number 08371909

TRACTION RAIL ELECTRICAL LIMITED

Abbreviated Accounts

31 January 2015

TRACTION RAIL ELECTRICAL LIMITED Registered Number 08371909

Abbreviated Balance Sheet as at 31 January 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 9,590 10,447
9,590 10,447
Current assets
Debtors 174 -
Cash at bank and in hand 91,024 53,369
91,198 53,369
Creditors: amounts falling due within one year (43,133) (45,068)
Net current assets (liabilities) 48,065 8,301
Total assets less current liabilities 57,655 18,748
Total net assets (liabilities) 57,655 18,748
Capital and reserves
Called up share capital 2 2
Profit and loss account 57,653 18,746
Shareholders' funds 57,655 18,748
  • For the year ending 31 January 2015 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 22 October 2015

And signed on their behalf by:
M LUCAS, Director

TRACTION RAIL ELECTRICAL LIMITED Registered Number 08371909

Notes to the Abbreviated Accounts for the period ended 31 January 2015

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 represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

2Tangible fixed assets
£
Cost
At 1 February 2014 13,929
Additions 3,501
Disposals -
Revaluations -
Transfers -
At 31 January 2015 17,430
Depreciation
At 1 February 2014 3,482
Charge for the year 4,358
On disposals -
At 31 January 2015 7,840
Net book values
At 31 January 2015 9,590
At 31 January 2014 10,447

Depreciation has been provided at a rate of 25% pa on a straight line basis so as to write off the assets over their estimated useful lives.