Neotek TDP Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03998359 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2019

FOR

NEOTEK TDP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A M Taylor

P J Hollis

SECRETARY:

P J Hollis

REGISTERED OFFICE:

Hollis and Co

35 Wilkinson Street

Sheffield

South Yorkshire

S10 2GB

REGISTERED NUMBER:

03998359 (England and Wales)

ACCOUNTANTS:

Hollis and Co Limited

Chartered Accountants

35 Wilkinson Street

Sheffield

South Yorkshire

S10 2GB

CURRENT ASSETS

Stocks

1,704

1,704

Debtors

5

-

3,600

Cash at bank and in hand

2,119

1,705

3,823

7,009

CREDITORS

Amounts falling due within one year

6

833

-

NET CURRENT ASSETS

2,990

7,009

TOTAL ASSETS LESS CURRENT LIABILITIES

2,990

7,009

CREDITORS

Amounts falling due after more than one year

7

28,017

28,017

NET LIABILITIES

(25,027

)

(21,008

)

CAPITAL AND RESERVES

Called up share capital

174

174

Share premium

68,866

68,866

Retained earnings

(94,067

)

(90,048

)

SHAREHOLDERS' FUNDS

(25,027

)

(21,008

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 25 February 2020 and were signed on its behalf by:

A M Taylor - Director

1.	STATUTORY INFORMATION

Neotek TDP 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The accounts have been prepared on a 'break up' basis as the company has not ben able to generate any sales and

has insufficient assets to sell to generate funds to pay all of its creditors.

The Directors consider that there is no impairment of the company's assets as a result of adopting a break up

basis of accounting, and no discount has been allowed on the loans owed by the company.

Turnover

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

value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 June 2018

and 31 May 2019

86,875

AMORTISATION

At 1 June 2018

and 31 May 2019

86,875

NET BOOK VALUE

At 31 May 2019

-

At 31 May 2018

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

-

3,600

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Other creditors

833

-

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2019

2018

£

£

Other creditors

28,017

28,017