Abbreviated Company Accounts - TRIAD TRADE TEXTILES LIMITED

TRIAD TRADE TEXTILES LIMITED - Company Information

01743627 TRIAD TRADE TEXTILES LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 01743627 2015-05-01 2016-04-30 01743627 2016-04-30 01743627 2015-04-30 01743627 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 01743627 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:Director3 2015-05-01 2016-04-30 uk-gaap-cd-bus:Director3 2016-04-30 uk-gaap-cd-bus:Director3 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 01743627

TRIAD TRADE TEXTILES LIMITED

Abbreviated Accounts

30 April 2016

TRIAD TRADE TEXTILES LIMITED Registered Number 01743627

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	18,896	16,784
Investments	3	-	25,000
		18,896	41,784
Current assets
Stocks		1,465	6,483
Debtors		136,913	166,315
Cash at bank and in hand		94,448	100,291
		232,826	273,089
Creditors: amounts falling due within one year		(221,641)	(298,986)
Net current assets (liabilities)		11,185	(25,897)
Total assets less current liabilities		30,081	15,887
Provisions for liabilities		(3,534)	(3,058)
Total net assets (liabilities)		26,547	12,829
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		26,447	12,729
Shareholders' funds		26,547	12,829

For the year ending 30 April 2016 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 23 December 2016

And signed on their behalf by:
Ms B I'Anson, Director

TRIAD TRADE TEXTILES LIMITED Registered Number 01743627

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of good provided to customers and work carried out in respect of services provided to customers

Tangible assets depreciation policy
Depreciation is provided at the following rates in order to write off the assets over their estimated useful lives
Plant & Machinery 20% reducing balance
Fixtures & fittings 15% reducing balance
Office equipment 20% straight line

2Tangible fixed assets

	£
Cost
At 1 May 2015	94,347
Additions	6,670
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	101,017
Depreciation
At 1 May 2015	77,563
Charge for the year	4,558
On disposals	-
At 30 April 2016	82,121
Net book values
At 30 April 2016	18,896
At 30 April 2015	16,784

3Fixed assets Investments
The property investment was via a Limited Company which has now been placed into liquidation and prospects of recovery of the investment are nil

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100

5Transactions with directors

Name of director receiving advance or credit:	Ms B I'Anson
Description of the transaction:	Loans to and from the company
Balance at 1 May 2015:	£ 88,013
Advances or credits made:	-
Advances or credits repaid:	£ 73,431
Balance at 30 April 2016:	£ 14,582