| TrailPlus Limited |
| Registered number: |
06053308 |
| Balance Sheet |
| as at 31 December 2019 |
|
| Notes |
|
|
2019 |
|
|
2018 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
477 |
|
|
847 |
|
| Current assets |
| Debtors |
3 |
|
13,677 |
|
|
1,572 |
| Cash at bank and in hand |
|
|
3,687 |
|
|
11,192 |
|
|
|
17,364 |
|
|
12,764 |
|
| Creditors: amounts falling due within one year |
4 |
|
(10,001) |
|
|
(5,545) |
|
| Net current assets |
|
|
|
7,363 |
|
|
7,219 |
|
| Total assets less current liabilities |
|
|
|
7,840 |
|
|
8,066 |
|
|
| Provisions for liabilities |
|
|
|
(91) |
|
|
- |
|
|
| Net assets |
|
|
|
7,749 |
|
|
8,066 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
7,500 |
|
|
7,500 |
| Profit and loss account |
|
|
|
249 |
|
|
566 |
|
| Shareholders' funds |
|
|
|
7,749 |
|
|
8,066 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| P F S Magner |
| Director |
| Approved by the board on 4 February 2020 |
|
| TrailPlus Limited |
| Notes to the Accounts |
| for the year ended 31 December 2019 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
Turnover |
|
Turnover is the consideration receivable, net of value added tax, from the rendering of services. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Fixtures, fittings, and equipment |
over 5 years |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
| 2 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Fixtures, fittings and equipment |
| £ |
|
Cost |
|
At 1 January 2019 |
19,607 |
|
At 31 December 2019 |
19,607 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2019 |
18,760 |
|
Charge for the year |
370 |
|
At 31 December 2019 |
19,130 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2019 |
477 |
|
At 31 December 2018 |
847 |
|
|
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2019 |
|
2018 |
| £ |
£ |
|
|
Trade debtors |
4,200 |
|
600 |
|
Other debtors |
9,477 |
|
972 |
|
|
|
|
|
|
13,677 |
|
1,572 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2019 |
|
2018 |
| £ |
£ |
|
|
Trade creditors |
3,522 |
|
- |
|
Corporation tax |
4,054 |
|
3,847 |
|
Other taxes and social security costs |
1,025 |
|
98 |
|
Other creditors |
1,400 |
|
1,600 |
|
|
|
|
|
|
10,001 |
|
5,545 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Other information |
|
|
TrailPlus Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
21 Glossop Road |
|
Charlesworth |
|
Glossop |
|
Derbyshire |
|
SK13 5HB |
