Think Office Direct Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07111716 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

THINK OFFICE DIRECT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S E Adams

Mrs D B Adams

REGISTERED OFFICE:

71 High Street

Gt Barford

Bedford

Bedfordshire

MK44 3LF

REGISTERED NUMBER:

07111716 (England and Wales)

ACCOUNTANTS:

Darrington & Co Limited

71 High Street

Gt Barford

Bedford

Bedfordshire

MK44 3LF

FIXED ASSETS

Tangible assets

2

1,508

2,922

CURRENT ASSETS

Stocks

3,384

3,491

Debtors

33,591

31,028

Cash at bank

17,939

14,329

54,914

48,848

CREDITORS

Amounts falling due within one year

49,241

48,618

NET CURRENT ASSETS

5,673

230

TOTAL ASSETS LESS CURRENT LIABILITIES

7,181

3,152

PROVISIONS FOR LIABILITIES

-

129

NET ASSETS

7,181

3,023

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

7,081

2,923

SHAREHOLDERS' FUNDS

7,181

3,023

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 2 July 2014 and were signed on its behalf by:

S E Adams - Director

Mrs D B Adams - 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 goods, 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.

Plant and machinery

-

15% on cost

Fixtures and fittings

-

15% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

5,779

Disposals

(479

)

At 31 December 2013

5,300

DEPRECIATION

At 1 January 2013

2,857

Charge for year

1,223

Eliminated on disposal

(288

)

At 31 December 2013

3,792

NET BOOK VALUE

At 31 December 2013

1,508

At 31 December 2012

2,922

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

100

Ordinary

£1

100

100