Tornado Systems Limited - Limited company - abbreviated - 11.0.0
Tornado Systems Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 30 April 2015 |
| for |
| Tornado Systems Limited |
| Tornado Systems Limited (Registered number: 05781590) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 30 April 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Chartered Certified Accountants' Report | 4 |
| Tornado Systems Limited |
| Company Information |
| for the Year Ended 30 April 2015 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Tornado Systems Limited (Registered number: 05781590) |
| Abbreviated Balance Sheet |
| 30 April 2015 |
| 30.4.15 | 30.4.14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the director on were signed by: |
| Tornado Systems Limited (Registered number: 05781590) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 30 April 2015 |
| 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 goods, excluding value added tax. |
| Tangible fixed assets |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after |
| making due allowance for obsolete and slow moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have |
| originated but not reversed at the balance sheet date. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss |
| account on a straight line basis over the period of the lease. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 May 2014 |
| and 30 April 2015 |
| DEPRECIATION |
| At 1 May 2014 |
| Charge for year |
| At 30 April 2015 |
| NET BOOK VALUE |
| At 30 April 2015 |
| At 30 April 2014 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.4.15 | 30.4.14 |
| value: | £ | £ |
| Ordinary | 1 |
| Chartered Certified Accountants' Report to the Director |
| on the Unaudited Financial Statements of |
| Tornado Systems Limited |
| 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. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we |
| have prepared for your approval the financial statements of Tornado Systems |
| Limited for the year ended 30 April 2015 which comprise the Profit and Loss |
| Account, the Balance Sheet, and the related notes from the company's accounting |
| records and from information and explanations you have given us. |
| As a practising member firm of the Association of Chartered Certified |
| Accountants, we are subject to its ethical and other professional requirements |
| which are detailed at http://rulebook.accaglobal.com. |
| This report is made solely to the director of Tornado Systems Limited in |
| accordance with our terms of engagement. Our work has been undertaken solely to |
| prepare for your approval the financial statements of Tornado Systems Limited |
| and state those matters that we have agreed to state to the director of Tornado |
| Systems Limited in this report in accordance with the requirements of the |
| Association of Chartered Certified Accountants as detailed at |
| http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, |
| we do not accept or assume responsibility to anyone other than the company and |
| its director for our work or for this report. |
| It is your duty to ensure that Tornado Systems Limited has kept adequate |
| accounting records and to prepare statutory financial statements that give a |
| true and fair view of the assets, liabilities, financial position and profit of |
| Tornado Systems Limited. You consider that Tornado Systems Limited is exempt |
| from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial |
| statements of Tornado Systems Limited. For this reason, we have not verified the |
| accuracy or completeness of the accounting records or information and |
| explanations you have given to us and we do not, therefore, express any opinion |
| on the statutory financial statements. |
| Date: ............................................. |