ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation


06936481 2013-04-01 false true 2014-03-312014-03-31 06936481 2013-04-01 2014-03-31 06936481 2014-03-31 06936481 2013-03-31 06936481 d:OrdinaryShareClass1 2014-03-31 06936481 d:OrdinaryShareClass1 2013-03-31 06936481 d:OrdinaryShareClass1 2013-04-01 2014-03-31 06936481 d:Director1 2013-04-01 2014-03-31 06936481 c:ComputerEquipment 2013-04-01 2014-03-31 xbrli:shares iso4217:GBP

Registered number: 06936481










TAGENT LTD








UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

 
TAGENT LTD
 
 

  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF TAGENT LTD
FOR THE YEAR ENDED 31 MARCH 2014

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Tagent Ltd for the year ended 31 March 2014 which comprise the Balance sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
 

This report is made solely to the director of Tagent Ltd in accordance with the terms of our agreement. Our work has been undertaken solely to prepare for your approval the financial statements of Tagent Ltd and state those matters that we have agreed to state to her in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tagent Ltd and its  director for our work or for this report.
 
 
It is your duty to ensure that Tagent Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the company's assets, liabilities, financial position and profit. You consider that Tagent Ltd is exempt from the statutory audit requirement for the year.
 
 
We have not been instructed to carry out an audit or review of the financial statements of Tagent Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.







Shipleys Tax Planning

19 November 2014
Page 1

 
TAGENT LTD
REGISTERED NUMBER: 06936481

ABBREVIATED BALANCE SHEET
AS AT 31 MARCH 2014

2014
2013
Note
£
£
£
£
 
FIXED ASSETS





 
Tangible assets
 
2
-
377
 
CURRENT ASSETS





 
Debtors
10,538
12,129

 
Cash at bank

1,114
-







 
11,652
12,129
 
CREDITORS: amounts falling due within one year
(11,605)
(14,661)
 
NET CURRENT ASSETS/(LIABILITIES)


47

(2,532)
 
NET ASSETS/(LIABILITIES)
 47

 (2,155)
  
CAPITAL AND RESERVES

 
Called up share capital
3
100
100
 
Profit and loss account
(53)
(2,255)
 
SHAREHOLDERS' FUNDS/(DEFICIT)
 

 47

 (2,155)


The director considers that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. 

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The abbreviated accounts, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 19 November 2014.






Talent Nyatsanza
Director

The notes on page 3 form part of these financial statements.

Page 2

 
TAGENT LTD
 

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014

1.ACCOUNTING POLICIES

1.1
Basis of preparation of financial statements

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with applicable accounting standards.

1.2
Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

1.3
Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation.  Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer equipment
-
33% straight line


2.TANGIBLE FIXED ASSETS



£


Cost 



At 1 April 2013 and 31 March 2014

1,129



Depreciation


At 1 April 2013
752

Charge for the year
377


At 31 March 2014

1,129




Net book value


At 31 March 2014
 -


At 31 March 2013

 377


3.SHARE CAPITAL

        2014
        2013
        £

        £

Allotted, called up and fully paid



100 Ordinary share capital shares of £1 each
 100
 100


4.RELATED PARTY TRANSACTIONS


During the year the director repaid the company £2,504 (2013: (£12,130)). At the balance sheet date other debtors included £9,626 (2013: £12,130) as amounts owed by the director.


Page 3