T-Scape Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08556813 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2019

FOR

T-SCAPE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D A Baxter

P H Fitzgerald

I Moore

REGISTERED OFFICE:

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

REGISTERED NUMBER:

08556813 (England and Wales)

ACCOUNTANTS:

Segrave & Partners LLP

Chartered Accountants

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

FIXED ASSETS

Tangible assets

3

1,997

-

CURRENT ASSETS

Debtors

4

52,621

1,196

Cash at bank

299,979

75,578

352,600

76,774

CREDITORS

Amounts falling due within one year

5

197,613

82,370

NET CURRENT ASSETS/(LIABILITIES)

154,987

(5,596

)

TOTAL ASSETS LESS CURRENT LIABILITIES

156,984

(5,596

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

156,884

(5,696

)

SHAREHOLDERS' FUNDS

156,984

(5,596

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 20 March 2020 and were signed on its behalf by:

D A Baxter - Director

P H Fitzgerald - Director

I Moore - Director

1.	STATUTORY INFORMATION

T-Scape 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 sale 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.

Computer equipment

-

33% on cost

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will

be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

2,996

At 30 June 2019

2,996

DEPRECIATION

Charge for year

999

At 30 June 2019

999

NET BOOK VALUE

At 30 June 2019

1,997

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

41,938

500

VAT

10,683

696

52,621

1,196

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

83,049

-

Tax

36,398

12

Other loan - The Corporate Action Partnership Ltd

440

440

Directors' current accounts

460

460

Accrued expenses

77,266

81,458

197,613

82,370

6.	RELATED PARTY DISCLOSURES

During the year under review the following transactions took place with related parties as follows;

D A Baxter - services with a value of £99,993 excluding vat were supplied by The Corporate Action Partnership Ltd

the director of which is a shareholder and director of T-Scape Ltd.

P H Fitzgerald - services with a value of £99,993 excluding vat were supplied by The Corporate Action Partnership

Ltd the director of which is a shareholder and director of T-Scape Ltd.

S Hayden - Services with a value of £83,400 excluding vat were supplied by Tradeshape Ltd (Ireland) the director

of which is a shareholder of T-Scape Ltd.

I S Moore - Services with a value of £44,036 excluding vat were supplied by Sequence Software Limited the

director of which is a shareholder and director of T-Scape Ltd.