Abbreviated Company Accounts - TRANSFER DATA LIMITED

TRANSFER DATA LIMITED - Company Information

Registered Number 05636639

TRANSFER DATA LIMITED

Abbreviated Accounts

30 September 2015

TRANSFER DATA LIMITED Registered Number 05636639

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	507,000	507,000
		507,000	507,000
Current assets
Debtors		20,168	10,854
Cash at bank and in hand		10	7
		20,178	10,861
Creditors: amounts falling due within one year		(307,337)	(293,588)
Net current assets (liabilities)		(287,159)	(282,727)
Total assets less current liabilities		219,841	224,273
Creditors: amounts falling due after more than one year		(187,224)	(212,312)
Total net assets (liabilities)		32,617	11,961
Capital and reserves
Called up share capital		100	100
Profit and loss account		32,517	11,861
Shareholders' funds		32,617	11,961

For the year ending 30 September 2015 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 28 July 2016

And signed on their behalf by:
H MANTON, Director

TRANSFER DATA LIMITED Registered Number 05636639

Notes to the Abbreviated Accounts for the period ended 30 September 2015

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
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).

Tangible assets depreciation policy
Investment properties are shown at their open market value. The surplus or deficit arising from the annual revaluation is transferred to the investment revaluation reserve unless a deficit, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the profit and loss account for the year.

This is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) which, unlike the Companies Act 2006, does not require depreciation of investment properties. Investment properties are held for their investment potential and not for use by the company and so their current value is of prime importance. The departure from the provisions of the Act is required in order to give a true and fair view.

2Tangible fixed assets

	£
Cost
At 1 October 2014	507,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	507,000
Depreciation
At 1 October 2014	-
Charge for the year	-
On disposals	-
At 30 September 2015	-
Net book values
At 30 September 2015	507,000
At 30 September 2014	507,000