Technoforge Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08340251 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 DECEMBER 2018

FOR

TECHNOFORGE LTD

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Ms Patricia Ann Petrou AICB CB.Cert PM

REGISTERED OFFICE:

c/o Michael Filiou Plc

Salisbury House

81 High Street

Potters Bar

Hertfordshire

EN6 5AS

REGISTERED NUMBER:

08340251 (England and Wales)

ACCOUNTANTS:

Michael Filiou Plc

Chartered Certified Accountants

www.michaelfiliou.com

Salisbury House

81 High Street

Potters Bar

Hertfordshire

EN6 5AS

CURRENT ASSETS

Debtors

20,811

60,796

Cash at bank and in hand

79,988

44,841

100,799

105,637

CREDITORS

Amounts falling due within one year

32,315

30,315

NET CURRENT ASSETS

68,484

75,322

TOTAL ASSETS LESS CURRENT LIABILITIES

68,484

75,322

CAPITAL AND RESERVES

Called up share capital

3

100

100

Retained earnings

68,384

75,222

SHAREHOLDERS' FUNDS

68,484

75,322

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 December 2018 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 29 December 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 19 March 2019 and were signed by:

Ms Patricia Ann Petrou AICB CB.Cert PM - Director

1.	STATUTORY INFORMATION

Technoforge Ltd 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.

The presentation currency of the financial statements is the Euro (€).

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.

The financial statements have been prepared in Euro. The values have been converted at an exchange rate of

1.0000 = 1.1270 EUR.

Turnover

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

value added tax and other sales taxes.

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 statement of financial position date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into Euro at the rates of exchange ruling at the statement

of financial position date. Transactions in foreign currencies are translated into Euro at the rate of exchange

ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

€

€

100

Ordinary

€1

100

100

4.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr Piero Peruzzi, by virtue of the fact that he holds 100% of the issued share capital of

the company.