TC Associates Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03948668 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2019

for

TC Associates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T P Christian

S Christian

SECRETARY:

S Christian

REGISTERED OFFICE:

Broad Oak House

33 Ormond Avenue

Hampton

Middlesex

TW12 2RY

REGISTERED NUMBER:

03948668 (England and Wales)

FIXED ASSETS

Tangible assets

4

884

851

Investments

5

20,000

20,000

20,884

20,851

CURRENT ASSETS

Debtors

6

4,031

3,788

Cash at bank

389,885

384,293

393,916

388,081

CREDITORS

Amounts falling due within one year

7

24,582

10,785

NET CURRENT ASSETS

369,334

377,296

TOTAL ASSETS LESS CURRENT LIABILITIES

390,218

398,147

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

8

390,216

398,145

SHAREHOLDERS' FUNDS

390,218

398,147

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors on 16 September 2019 and were signed on its behalf by:

T P Christian - Director

1.	STATUTORY INFORMATION

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

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Furniture & Equipment

-

25% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Furniture

& Equipment

£

COST

At 1 April 2018

3,228

Additions

491

At 31 March 2019

3,719

DEPRECIATION

At 1 April 2018

2,377

Charge for year

458

At 31 March 2019

2,835

NET BOOK VALUE

At 31 March 2019

884

At 31 March 2018

851

5.	FIXED ASSET INVESTMENTS

Fixed asset investments are held at cost.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade debtors

4,031

3,788

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Trade creditors

71

68

Corporation tax

5,203

7,377

Social security and other taxes

1,384

1,283

Directors' current accounts

17,924

2,057

24,582

10,785

8.

RESERVES

Retained

earnings

£

At 1 April 2018

398,145

Profit for the year

22,071

Dividends

(30,000

)

At 31 March 2019

390,216

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £30,000 (2018 - £20,000) were paid to the directors .

10.	ULTIMATE CONTROLLING PARTY

The controlling party is the company's two directors.