Abbreviated Company Accounts - TRACKIT247 LIMITED

TRACKIT247 LIMITED - Company Information

Registered Number 06959329

TRACKIT247 LIMITED

Abbreviated Accounts

31 July 2014

TRACKIT247 LIMITED Registered Number 06959329

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	8,075	-
Tangible assets	3	2,962	3,222
Investments	4	25,000	-
		36,037	3,222
Current assets
Stocks		1,751	13,712
Debtors		8,514	5,283
Cash at bank and in hand		24,957	53,723
		35,222	72,718
Creditors: amounts falling due within one year		(31,339)	(59,253)
Net current assets (liabilities)		3,883	13,465
Total assets less current liabilities		39,920	16,687
Provisions for liabilities		(2,159)	-
Total net assets (liabilities)		37,761	16,687
Capital and reserves
Called up share capital		1	1
Profit and loss account		37,760	16,686
Shareholders' funds		37,761	16,687

For the year ending 31 July 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 16 April 2015

And signed on their behalf by:
H Mistry, Director

TRACKIT247 LIMITED Registered Number 06959329

Notes to the Abbreviated Accounts for the period ended 31 July 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.

2Intangible fixed assets

	£
Cost
At 1 August 2013	-
Additions	10,094
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	10,094
Amortisation
At 1 August 2013	-
Charge for the year	2,019
On disposals	-
At 31 July 2014	2,019
Net book values
At 31 July 2014	8,075
At 31 July 2013	-

3Tangible fixed assets

	£
Cost
At 1 August 2013	5,186
Additions	481
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	5,667
Depreciation
At 1 August 2013	1,964
Charge for the year	741
On disposals	-
At 31 July 2014	2,705
Net book values
At 31 July 2014	2,962
At 31 July 2013	3,222

4Fixed assets Investments
additions at 31 july 2014 25,000