Teknometry Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07718768 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31st December 2014

for

TEKNOMETRY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr M W Brant

Mr R C Bower

Mr P R Swann

Mr M D Winfield

REGISTERED OFFICE:

9 Healey Green Lane

Huddersfield

West Yorkshire

HD5 0PB

REGISTERED NUMBER:

07718768 (England and Wales)

ACCOUNTANTS:

Harrison Blakeley Accountancy Limited

21 Church Street

Horbury

Wakefield

West Yorkshire

WF4 6LT

CURRENT ASSETS

Debtors

7,045

8,510

Cash at bank

37,792

22,327

44,837

30,837

CREDITORS

Amounts falling due within one year

25,250

27,585

NET CURRENT ASSETS

19,587

3,252

TOTAL ASSETS LESS CURRENT LIABILITIES

19,587

3,252

CREDITORS

Amounts falling due after more than one year

30,000

-

NET (LIABILITIES)/ASSETS

(10,413

)

3,252

CAPITAL AND RESERVES

Called up share capital

2

200

100

Profit and loss account

(10,613

)

3,152

SHAREHOLDERS' FUNDS

(10,413

)

3,252

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2014 in accordance with Section 476 of the Companies Act 2006.

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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 31st July 2015 and were signed on its behalf by:

Mr P R Swann - Director

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/14

31/12/13

value:

£

£

186

Ordinary

£1

186

100

14

Convertible

£1

14

-

200

100

The following shares were allotted and fully paid for cash at par during the year:

86 Ordinary shares of £1 each

14 Convertible shares of £1 each

The 14 Convertible Shares will convert to Ordinary Shares on the following basis:

6 Shares on 31st December 2015

2 Shares upon performance criteria of the company

6 Shares upon additional targets with option expiring on 31st December 2016

3.	POST BALANCE SHEET EVENTS

Included in other creditors is a loan of £30,000 at 31st December 2014 from Mr P R Swann.

On 26th March 2015 a charge against the company was made converting the loan to a Debenture.

The Debenture is secured by way of a fixed and floating charge over all tangible and intangible assets of the

company.