Torquing Technology Limited - Limited company - abbreviated - 11.0.0
Torquing Technology Limited - Limited company - abbreviated - 11.0.0
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts |
for the Year Ended 30 November 2013 |
for |
Torquing Technology Limited |
Torquing Technology Limited (Registered number: 06756828) |
Contents of the Abbreviated Accounts |
for the year ended 30 November 2013 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
Torquing Technology Limited |
Company Information |
for the year ended 30 November 2013 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
Torquing Technology Limited (Registered number: 06756828) |
Abbreviated Balance Sheet |
30 November 2013 |
30.11.13 | 30.11.12 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
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 were approved by the Board of Directors on |
Torquing Technology Limited (Registered number: 06756828) |
Notes to the Abbreviated Accounts |
for the year ended 30 November 2013 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements 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 net invoiced sales of services, excluding value added tax. |
Intellectual property |
The director considers that Intellectual Property has a useful working life of 5 years and assets are being written |
off over this period of time. |
Tangible fixed assets |
Plant and machinery | - |
Computer equipment | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 December 2012 |
Additions |
Disposals | ( |
) |
At 30 November 2013 |
AMORTISATION |
At 1 December 2012 |
Eliminated on disposal | ( |
) |
At 30 November 2013 |
NET BOOK VALUE |
At 30 November 2013 |
At 30 November 2012 |
Torquing Technology Limited (Registered number: 06756828) |
Notes to the Abbreviated Accounts - continued |
for the year ended 30 November 2013 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 December 2012 |
Additions |
At 30 November 2013 |
DEPRECIATION |
At 1 December 2012 |
Charge for year |
At 30 November 2013 |
NET BOOK VALUE |
At 30 November 2013 |
At 30 November 2012 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.11.13 | 30.11.12 |
value: | £ | £ |
Ordinary | £1 |