Abbreviated Company Accounts - TRAFFIC OBSERVATION VIA MANAGEMENT LTD

TRAFFIC OBSERVATION VIA MANAGEMENT LTD - Company Information

NI066790 TRAFFIC OBSERVATION VIA MANAGEMENT LTD 2014-04-30 false 2012-11-01 2014-04-30 true NI066790 2012-11-01 2014-04-30 NI066790 2014-04-30 NI066790 2012-10-31 NI066790 uk-gaap-cd-bus:Director1 2012-11-01 2014-04-30 NI066790 uk-gaap-cd-bus:Director2 2012-11-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-11-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-10-31 iso4217:GBP shares

Registered Number NI066790

TRAFFIC OBSERVATION VIA MANAGEMENT LTD

Abbreviated Accounts

30 April 2014

TRAFFIC OBSERVATION VIA MANAGEMENT LTD Registered Number NI066790

Abbreviated Balance Sheet as at 30 April 2014

	Notes	30/04/2014	31/10/2012
		£	£
Fixed assets
Tangible assets	2	586	782
		586	782
Current assets
Debtors		103	241
Cash at bank and in hand		17,148	18,933
		17,251	19,174
Creditors: amounts falling due within one year		(3,082)	(1,650)
Net current assets (liabilities)		14,169	17,524
Total assets less current liabilities		14,755	18,306
Total net assets (liabilities)		14,755	18,306
Capital and reserves
Called up share capital	3	100,000	100,000
Profit and loss account		(85,245)	(81,694)
Shareholders' funds		14,755	18,306

For the year ending 30 April 2014 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 30 January 2015

And signed on their behalf by:
Alan Marshall, Director

TRAFFIC OBSERVATION VIA MANAGEMENT LTD Registered Number NI066790

Notes to the Abbreviated Accounts for the period ended 30 April 2014

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. The following
accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Turnover policy
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows:
Fixtures, fittings and equipment - 25% Reducing Balance
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Other accounting policies
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the balance sheet date.

Government grants
Capital grants received and receivable are treated as deferred income and amortised to the profit and loss account annually over the useful economic life of the asset to which it relates. Revenue grants are credited to the profit and loss account when received.

Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the balance sheet date. Transactions, during the year, which are denominated in foreign currencies are translated at the rates of exchange ruling at the date of the transaction. The resulting exchange differences are dealt with in the profit and loss account.

Period of Financial Statements
The financial statements are for the 18 month period ended 30 April 2014.

2Tangible fixed assets

	£
Cost
At 1 November 2012	4,441
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	4,441
Depreciation
At 1 November 2012	3,659
Charge for the year	196
On disposals	-
At 30 April 2014	3,855
Net book values
At 30 April 2014	586
At 31 October 2012	782

3Called Up Share Capital
Allotted, called up and fully paid:

	30/04/2014 £	31/10/2012 £
100,000 Ordinary shares of £1 each	100,000	100,000