Accounts

Accounts

TEKTRADE TRADING AND CONSULTING LIMITED - Company Information

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2014-10-01 true false 06365907 2015-09-30 06365907 2014-10-01 2015-09-30 06365907 2014-09-30 06365907 2013-10-01 2014-09-30 06365907 uk-bus:Director1 2014-10-01 2015-09-30 06365907 uk-gaap:FixturesFittings 2014-10-01 2015-09-30 06365907 uk-gaap:ToolsEquipment 2014-10-01 2015-09-30 06365907 uk-bus:OrdinaryShareClass1 2015-09-30 06365907 uk-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 06365907 uk-bus:OrdinaryShareClass1 2014-09-30 06365907 uk-bus:OrdinaryShareClass2 2015-09-30 06365907 uk-bus:OrdinaryShareClass2 2014-10-01 2015-09-30 06365907 uk-bus:OrdinaryShareClass2 2014-09-30 iso4217:GBP xbrli:shares
         
  TEKTRADE TRADING & CONSULTING LIMITED
         
         
  ABBREVIATED UNAUDITED ACCOUNTS
         
         
  FOR THE YEAR ENDED 30 SEPTEMBER 2015
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
  INDEX TO THE ACCOUNTS
         
 
         
  Pages
         
  1 Abbreviated Balance Sheet    
         
  2-3 Notes to the Abbreviated Accounts    
         
 
         
         
         
         
         
         
         
         
  TEKTRADE TRADING & CONSULTING LIMITED
  Company registered number: 06365907
  ABBREVIATED BALANCE SHEET
  AT 30 September 2015
           
    Note 2015 2014
      £ £ £
  FIXED ASSETS
  Tangible Assets 2 2,342 2,394
         
  CURRENT ASSETS
  Stock 1c 18,977 19,705
  Debtors falling due within one year   4,052 777
  Cash at bank and in hand   137,189 185,461
      160,218 205,943
  CREDITORS: Amounts falling due within one year   17,795 22,814
  NET CURRENT ASSETS   142,423 183,129
  NET ASSETS   £144,765 £185,523
       
  CAPITAL AND RESERVES
  Called up share capital 3 2 2
  Profit and loss account   144,763 185,521
  SHAREHOLDERS' FUNDS   £144,765 £185,523
       
         
  In approving these financial statements as directors of the company we hereby confirm the following:
  For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
         
  Directors' responsibilities:
  1) The members have not required the company to obtain an audit for its accounts for the year in question in accordance with section 476,
  2) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
         
  The accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
         
  These abbreviated accounts were approved by the board of directors on 22 June 2016
 
 
         
  M G Dani, Director
  The notes on pages 2 to 3 form part of these accounts
  page 1
  NOTES TO THE ABBREVIATED ACCOUNTS
  FOR THE YEAR ENDED 30 SEPTEMBER 2015
       
 
1. ACCOUNTING POLICIES
     
     
1a. Basis of accounting
     
  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).
         
         
1b. Tangible fixed assets
         
  Fixed assets are shown at historical cost.
         
  Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
         
         
  Fixtures and fittings Reducing balance 15%    
  Equipment Reducing balance 15%    
       
       
1c. Stocks
       
  Stocks are stated at the lower of cost and net realisable value. Cost incurred in bringing each product to its present location and condition is based on purchase cost on a first-in, first-out basis, including transport.
       
       
1d. Taxation
       
  Corporation tax payable is provided on taxable profits at the current rate.
       
       
       
1e. Foreign currency
       
  Transactions denominated in foreign currencies are recorded in the local currency at actual exchange rates as of the date of the transaction.
       
       
1f. Turnover
       
  Turnover comprises the value of sales (excluding VAT and similar taxes and trade discounts) of goods and services in the normal course of business.
  page 2
  TEKTRADE TRADING & CONSULTING LIMITED
  NOTES TO THE ABBREVIATED ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 30 SEPTEMBER 2015
     
     
2. TANGIBLE FIXED ASSETS 2015
    £
  Cost
     
  At 1 October 2014 5,221
  Additions 360
  At 30 September 2015 5,581
   
  Depreciation
     
  At 1 October 2014 2,827
  For the year 412
  At 30 September 2015 3,239
   
  Net Book Amounts
     
  At 30 September 2015 £2,342
   
       
       
3. SHARE CAPITAL 2015 2014
    £ £
  Allotted, issued and fully paid:
       
  1 Ordinary shares of £1 each £1 £1
  1 A Ordinary shares of £1 each 1 1
   
           
           
4. TRANSACTIONS WITH AND LOANS TO DIRECTORS
           
  Loans to directors
           
  Included in other debtors are loans to directors. They are unsecured, interest free and have been repaid since the year end.
    At Advanced Repaid At
    30 September 2015 in year in year 1 October 2014
    £ £ £ £
           
           
           
  Directors' current accounts 12 - 738 750
   
  page 3