Abbreviated Company Accounts - TRAINING SOLUTIONS INC LTD

Abbreviated Company Accounts - TRAINING SOLUTIONS INC LTD

TRAINING SOLUTIONS INC LTD - Company Information

Print Friendly Version

Registered Number 07683301

TRAINING SOLUTIONS INC LTD

Abbreviated Accounts

30 June 2014

TRAINING SOLUTIONS INC LTD Registered Number 07683301

Abbreviated Balance Sheet as at 30 June 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 1,262 1,682
1,262 1,682
Current assets
Debtors 84,363 91,279
Cash at bank and in hand 59,496 39,009
143,859 130,288
Creditors: amounts falling due within one year (25,538) (37,319)
Net current assets (liabilities) 118,321 92,969
Total assets less current liabilities 119,583 94,651
Total net assets (liabilities) 119,583 94,651
Capital and reserves
Called up share capital 100 100
Other reserves 54,551 45,024
Profit and loss account 64,932 49,527
Shareholders' funds 119,583 94,651
  • For the year ending 30 June 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 20 March 2015

And signed on their behalf by:
S KALYAN, Director

TRAINING SOLUTIONS INC LTD Registered Number 07683301

Notes to the Abbreviated Accounts for the period ended 30 June 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.

Turnover policy
TURNOVER REPRESENTS VALUE OF GODS AND SERVICES PROVIDED BY THE COMPANY NET OF VAT AND DISCOUNTS

Tangible assets depreciation policy
ASSETS HAVE BEEN DEPRECIATED ON A REDUCING BALANCE BASIS AT THE RATE OF 25% PER ANNUM IN ORDER TO WRITE OFF THEIR VALUE OVER THEIR ESTIMATED USEFUL LIVES

2Tangible fixed assets
£
Cost
At 1 July 2013 2,990
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2014 2,990
Depreciation
At 1 July 2013 1,308
Charge for the year 420
On disposals -
At 30 June 2014 1,728
Net book values
At 30 June 2014 1,262
At 30 June 2013 1,682