Abbreviated Company Accounts - TRANSCONT TRADING LTD

TRANSCONT TRADING LTD - Company Information

Registered Number 08741869

TRANSCONT TRADING LTD

Abbreviated Accounts

31 October 2014

TRANSCONT TRADING LTD Registered Number 08741869

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014
		£
Current assets
Debtors		1,126
Cash at bank and in hand		377
		1,503
Creditors: amounts falling due within one year		(601)
Net current assets (liabilities)		902
Total assets less current liabilities		902
Total net assets (liabilities)		902
Capital and reserves
Called up share capital		1
Profit and loss account		901
Shareholders' funds		902

For the year ending 31 October 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 17 July 2015

And signed on their behalf by:
Ms LINDY RAVINIA, Director

TRANSCONT TRADING LTD Registered Number 08741869

Notes to the Abbreviated Accounts for the period ended 31 October 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 commission receivable.

Other accounting policies
Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction.
Monetary assets and liabilities denominated in foreign currencies are translated at the rate of
exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the
recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred
taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the
periods when the timing differences will reverse.