Tricorn Associates Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 02826859 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2017

for

Tricorn Associates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

E A Bennett

REGISTERED OFFICE:

11 Wellesley Road

London

W4 4BS

REGISTERED NUMBER:

02826859 (England and Wales)

ACCOUNTANTS:

Freeman Carr

Chartered Certified Accountants

The Gatehouse

2 Devonhurst Place

Heathfield Terrace

Chiswick

London

W4 4JD

FIXED ASSETS

Tangible assets

4

272

542

CURRENT ASSETS

Debtors

5

257

9

Cash at bank

77,898

81,862

78,155

81,871

CREDITORS

Amounts falling due within one year

6

15,185

14,935

NET CURRENT ASSETS

62,970

66,936

TOTAL ASSETS LESS CURRENT LIABILITIES

63,242

67,478

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

63,240

67,476

SHAREHOLDERS' FUNDS

63,242

67,478

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 25 August 2017 and were signed by:

E A Bennett - Director

1.	STATUTORY INFORMATION

Tricorn Associates Limited is a private company, limited by shares , registered in England

and Wales. The company's registered number and registered office address can be found

on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its

estimated useful life.

Fixtures and fittings -25% straight line

Computer equipment -25% straight line

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive

income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that

have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in

periods different from those in which they are recognised in financial statements. Deferred

tax is measured using tax rates and laws that have been enacted or substantively enacted

by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it

is probable that they will be recovered against the reversal of deferred tax liabilities or other

future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 July 2016

1,083

1,800

2,883

Disposals

-

(1,800

)

(1,800

)

At 30 June 2017

1,083

-

1,083

DEPRECIATION

At 1 July 2016

541

1,800

2,341

Charge for year

270

-

270

Eliminated on disposal

-

(1,800

)

(1,800

)

At 30 June 2017

811

-

811

NET BOOK VALUE

At 30 June 2017

272

-

272

At 30 June 2016

542

-

542

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.17

30.6.16

£

£

VAT

257

9

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.17

30.6.16

£

£

Directors' current accounts

14,560

14,310

Accrued expenses

625

625

15,185

14,935