Trent Scales Limited - Abbreviated accounts 16.1

Trent Scales Limited - Abbreviated accounts 16.1

TRENT SCALES LIMITED - Company Information

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TRENT SCALES LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016






TRENT SCALES LIMITED (REGISTERED NUMBER: 00795004)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

TRENT SCALES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2016







DIRECTOR: M R Brown





REGISTERED OFFICE: Oakhurst House
57 Ashbourne Road
Derby
Derbyshire
DE22 3FS





REGISTERED NUMBER: 00795004 (England and Wales)





ACCOUNTANTS: Sibbalds Limited
Chartered Accountants and Business Advisers
Oakhurst House
57 Ashbourne Road
Derby
Derbyshire
DE22 3FS
Page 1
TRENT SCALES LIMITED (REGISTERED NUMBER: 00795004)

ABBREVIATED BALANCE SHEET
31 MARCH 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 8,500 -
Tangible assets 3 18,717 -
27,217 -

CURRENT ASSETS
Stocks 15,365 -
Debtors 107,133 22,000
Cash at bank 1,979 -
124,477 22,000
CREDITORS
Amounts falling due within one year 4 106,895 -
NET CURRENT ASSETS 17,582 22,000
TOTAL ASSETS LESS CURRENT LIABILITIES 44,799 22,000

PROVISIONS FOR LIABILITIES 1,011 -
NET ASSETS 43,788 22,000

CAPITAL AND RESERVES
Called up share capital 5 20,800 20,800
Share premium 1,200 1,200
Profit and loss account 21,788 -
SHAREHOLDERS' FUNDS 43,788 22,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

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 notes form part of these abbreviated accounts

Page 2 continued...
TRENT SCALES LIMITED (REGISTERED NUMBER: 00795004)

ABBREVIATED BALANCE SHEET - continued
31 MARCH 2016


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 director on 15 June 2016 and were signed by:





M R Brown - Director


The notes form part of these abbreviated accounts

Page 3
TRENT SCALES LIMITED (REGISTERED NUMBER: 00795004)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016


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 January 2015).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

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 - 25% on reducing balance
Software - 20% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost and 25% 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to the profit and loss account in the period to which they relate.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
Additions 10,000
At 31 March 2016 10,000
AMORTISATION
Amortisation for year 1,500
At 31 March 2016 1,500
NET BOOK VALUE

At 31 March 2016 8,500

Page 4 continued...
TRENT SCALES LIMITED (REGISTERED NUMBER: 00795004)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2016


3. TANGIBLE FIXED ASSETS
Total
£   
COST
Additions 22,775
At 31 March 2016 22,775
DEPRECIATION
Charge for year 4,058
At 31 March 2016 4,058
NET BOOK VALUE
At 31 March 2016 18,717

4. CREDITORS

Creditors include an amount of £ 50,256 for which security has been given.

5. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2016 2015
value: £    £   
20,800 Share capital 1 £1 20,800 20,800

Page 5