The TV Detective Limited - Period Ending 2014-07-31

Registration number: 06532189

The TV Detective Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 July 2014
 

Thompson Jenner LLP
Chartered Accountants
1 Colleton Crescent
Exeter
Devon
EX2 4DG

The TV Detective Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

The TV Detective Limited
(Registration number: 06532189)
Abbreviated Balance Sheet at 31 July 2014

		Note			31 July 2014 £			31 July 2013 £
Fixed assets
Tangible fixed assets					7			244
Current assets
Cash at bank and in hand					5,279			5,100
Creditors: Amounts falling due within one year					(10,415)			(10,199)
Net current liabilities					(5,136)			(5,099)
Net liabilities					(5,129)			(4,855)
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					(5,229)			(4,955)
Shareholders' deficit					(5,129)			(4,855)

For the year ending 31 July 2014 the company was entitled to exemption from audit 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

Approved by the director on 20 March 2015

S P Hall
 Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

The TV Detective Limited
Notes to the Abbreviated Accounts for the Year Ended 31 July 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents royalty payments received.

Goodwill

Goodwill including intellectual property rights is the fair value of consideration paid for all rights to existing books in publications and future books to be marketed, published and written.


Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.

Amortisation

Amortisation is provided on intangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Amortisation method and rate
Goodwill	over 5 years

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Computer equipment	33% straight line basis
Office equipment	20% straight line basis

2	Fixed assets

Page 2

The TV Detective Limited
Notes to the Abbreviated Accounts for the Year Ended 31 July 2014
......... continued

		Intangible assets £			Tangible assets £			Total £
Cost
At 1 August 2013		8,000			1,646			9,646
At 31 July 2014		8,000			1,646			9,646
Depreciation
At 1 August 2013		8,000			1,402			9,402
Charge for the year		-			237			237
At 31 July 2014		8,000			1,639			9,639
Net book value
At 31 July 2014		-			7			7
At 31 July 2013		-			244			244

3	Share capital

Allotted, called up and fully paid shares

	31 July 2014						31 July 2013
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100

Page 3