Abbreviated Company Accounts - TRACK KING LTD

Abbreviated Company Accounts - TRACK KING LTD


Registered Number 08824456

TRACK KING LTD

Abbreviated Accounts

31 December 2014

TRACK KING LTD Registered Number 08824456

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014
£
Fixed assets
Tangible assets 2 417
417
Current assets
Debtors 13,853
Cash at bank and in hand 7,367
21,220
Creditors: amounts falling due within one year (21,634)
Net current assets (liabilities) (414)
Total assets less current liabilities 3
Total net assets (liabilities) 3
Capital and reserves
Called up share capital 1
Profit and loss account 2
Shareholders' funds 3
  • For the year ending 31 December 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 3 June 2015

And signed on their behalf by:
A Gibbons, Director

TRACK KING LTD Registered Number 08824456

Notes to the Abbreviated Accounts for the period ended 31 December 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 net invoiced sales of services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer Equipment - 25% on cost

2Tangible fixed assets
£
Cost
Additions 556
Disposals -
Revaluations -
Transfers -
At 31 December 2014 556
Depreciation
Charge for the year 139
On disposals -
At 31 December 2014 139
Net book values
At 31 December 2014 417