Abbreviated Company Accounts - TEARIDGE LIMITED

Registered Number NI605251

TEARIDGE LIMITED

Abbreviated Accounts

31 December 2013

TEARIDGE LIMITED Registered Number NI605251

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	4,860	5,900
		4,860	5,900
Current assets
Debtors		80,085	16,944
Cash at bank and in hand		12,834	17,376
		92,919	34,320
Creditors: amounts falling due within one year		(227,862)	(149,833)
Net current assets (liabilities)		(134,943)	(115,513)
Total assets less current liabilities		(130,083)	(109,613)
Total net assets (liabilities)		(130,083)	(109,613)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(130,183)	(109,713)
Shareholders' funds		(130,083)	(109,613)

For the year ending 31 December 2013 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 29 September 2014

And signed on their behalf by:
Mark Pollock, Director

TEARIDGE LIMITED Registered Number NI605251

Notes to the Abbreviated Accounts for the period ended 31 December 2013

1Accounting Policies

Basis of measurement and preparation of accounts
the financial statements have been prepared in accordance with accounting standards generally accepted in England and Wales. Accounting Standards generally accepted in England and Wales for preparing financial statements are those published by the Institute of Chartered Accountants in England and Wales and issued by the Accounting Standards Board. The Company has taken advantage of the exemption in Financial Reporting Standard No. 1 from the requirement to produce a cashflow statement on the grounds that it is a small company.

Turnover policy
The turnover of the company is the amount invoiced to customers for goods and services provided, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Leased Assets - 12% Straight Line

2Tangible fixed assets

	£
Cost
At 1 January 2013	5,900
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	5,900
Depreciation
At 1 January 2013	-
Charge for the year	1,040
On disposals	-
At 31 December 2013	1,040
Net book values
At 31 December 2013	4,860
At 31 December 2012	5,900