Accounts filed on 30-06-2017

Accounts filed on 30-06-2017

TTG TECHNOLOGY (EUROPE) LIMITED - Company Information

Print Friendly Version

07206481falsespecialising in energy efficiency and optimisiation technologies for the railway industry2016-07-012017-06-30http://www.companieshouse.gov.uk/2016-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2016-06-30http://www.companieshouse.gov.uk/cd:Director12016-07-012017-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2017-06-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2016-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-07-012017-06-30http://www.companieshouse.gov.uk/pt:MotorCars2016-06-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2017-06-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2016-07-012017-06-30http://www.companieshouse.gov.uk/pt:MotorCars2017-06-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2016-07-012017-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2017-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2016-06-30http://www.companieshouse.gov.uk/2016-07-012017-06-30http://www.companieshouse.gov.uk/2016-06-30http://www.companieshouse.gov.uk/cd:FRS1022016-07-012017-06-30http://www.companieshouse.gov.uk/2017-06-30http://www.companieshouse.gov.uk/cd:FullAccounts2016-07-012017-06-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2016-07-012017-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07206481
TTG Technology (Europe) Limited
ACCOUNTS
FOR THE YEAR ENDED 30/06/2017
TTG Technology (Europe) Limited
ACCOUNTS
FOR THE YEAR ENDED 30/06/2017
DIRECTORS
Dale Franklin Coleman
REGISTERED OFFICE
1st Floor, 3 Crawford Place
London
W1H 4LB
COMPANY DETAILS
registered in , registered number 07206481
TTG Technology (Europe) Limited
ACCOUNTS
FOR THEYEARENDED30/06/2017
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
TTG Technology (Europe) Limited
BALANCE SHEET AT 30/06/2017
20172016
Notes££
FIXED ASSETS
Tangible assets212,1944,359
CURRENT ASSETS
Debtors3681,67810,227,537
Cash at bank and in hand72,69656,566
754,37410,284,103
CREDITORS: Amounts falling due within one year41,056,33010,276,760
NET CURRENT (LIABILITIES) / ASSETS(301,956)7,343
TOTAL ASSETS LESS CURRENT LIABILITIES(289,762)11,702
CAPITAL AND RESERVES
Called up share capital6100100
Profit and loss account(289,862)11,602
SHAREHOLDERS' FUNDS(289,762)11,702
For the year ending 30/06/2017 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 28/03/2018 and signed on their behalf by
.............................
Dale Franklin Coleman
Director
TTG Technology (Europe) Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2017
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 25%
Motor Carsstraight line 33%
1c. Pension Costs
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2. TANGIBLE FIXED ASSETS
EquipmentMotor CarsTotal
£££
Cost
At 01/07/20168,515-8,515
Additions-10,36310,363
At 30/06/20178,51510,36318,878
Depreciation
At 01/07/20164,156-4,156
For the year1,4531,0752,528
At 30/06/20175,6091,0756,684
Net Book Amounts
At 30/06/20172,9069,28812,194
At 30/06/20164,359-4,359
TTG Technology (Europe) Limited
3. DEBTORS 20172016
££
Amounts falling due within one year
Trade debtors554,4301,759,902
UK corporation tax2,514-
Other debtors124,734122,792
Prepayments-8,344,843
681,67810,227,537
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20172016
££
UK corporation tax-2,070
VAT536,659588,365
PAYE control6,1837,043
Trade creditors190,64457,380
Other creditors321,8449,620,902
Accruals1,0001,000
1,056,33010,276,760
TTG Transportation Technology is a related party to the company (TTG Technology (Europe)) with a common shareholder. The loan from TTG Transportation Technology (£9,621,902) is subordinated in favour of other creditors.
5. EMPLOYEES
20172016
No.No.
Average number of employees6-
6. SHARE CAPITAL 20172016
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
TTG Technology (Europe) Limited
7. RELATED PARTY TRANSACTIONS
TTG Transportation Technology
The shareholders of the company and TTG Transportation Technology are common shareholders.
The amounts due to Related Parties is £ 9,621,902 (2015 : £ 5,383,347)