Abbreviated Company Accounts - T.I.A. ASSET MANAGEMENT LIMITED

Abbreviated Company Accounts - T.I.A. ASSET MANAGEMENT LIMITED


Registered Number 03923832

T.I.A. ASSET MANAGEMENT LIMITED

Abbreviated Accounts

31 December 2014

T.I.A. ASSET MANAGEMENT LIMITED Registered Number 03923832

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 352 470
352 470
Current assets
Debtors 29,603 85,120
Cash at bank and in hand 401,357 382,250
430,960 467,370
Creditors: amounts falling due within one year (246,586) (415,279)
Net current assets (liabilities) 184,374 52,091
Total assets less current liabilities 184,726 52,561
Total net assets (liabilities) 184,726 52,561
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 184,626 52,461
Shareholders' funds 184,726 52,561
  • For the year ending 31 December 2014 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 18 December 2015

And signed on their behalf by:
G Amerikanos for Keystone Investments Ltd, Director

T.I.A. ASSET MANAGEMENT LIMITED Registered Number 03923832

Notes to the Abbreviated Accounts for the period ended 31 December 2014

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.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their
estimated useful lives.
Plant and machinery 25% reducing balance

Other accounting policies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction.
Monetary assets and liabilities denominated in foreign currencies are translated at the rate of
exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

2Tangible fixed assets
£
Cost
At 1 January 2014 2,459
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2014 2,459
Depreciation
At 1 January 2014 1,989
Charge for the year 118
On disposals -
At 31 December 2014 2,107
Net book values
At 31 December 2014 352
At 31 December 2013 470
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100 Ordinary shares of £1 each 100 100