Torquing Robotics Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07782038 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2013

for

Torquing Robotics Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

I J Reedman

Mrs A Reedman

REGISTERED OFFICE:

Williamston House

7 Goat Street

Haverfordwest

Pembrokeshire

SA61 1PX

REGISTERED NUMBER:

07782038 (England and Wales)

FIXED ASSETS

Tangible assets

2

24,467

212

CURRENT ASSETS

Debtors

30,359

30,086

Cash at bank

2,605

1,445

32,964

31,531

CREDITORS

Amounts falling due within one year

31,421

17,108

NET CURRENT ASSETS

1,543

14,423

TOTAL ASSETS LESS CURRENT LIABILITIES

26,010

14,635

ACCRUALS AND DEFERRED INCOME

7,021

-

NET ASSETS

18,989

14,635

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

18,988

14,634

SHAREHOLDERS' FUNDS

18,989

14,635

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2013 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 28 August 2014 and were signed on its behalf by:

I J Reedman - 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 goods, excluding value added tax.

Tangible fixed assets

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

Office equipment

-

15% on cost

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2012

232

Additions

28,560

At 30 November 2013

28,792

DEPRECIATION

At 1 December 2012

20

Charge for year

4,305

At 30 November 2013

4,325

NET BOOK VALUE

At 30 November 2013

24,467

At 30 November 2012

212

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.13

30.11.12

value:

£

£

1

Ordinary

£1

1

1