Tigmus Limited - Period Ending 2015-03-31

Registration number: 08924732

Tigmus Limited

Unaudited Abbreviated Accounts

for the Period from 5 March 2014 to 31 March 2015

 

Tigmus Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Tigmus Limited
(Registration number: 08924732)
Abbreviated Balance Sheet at 31 March 2015

		Note			31 March 2015 £
Fixed assets
Tangible fixed assets					35,386
Current assets
Debtors					7,463
Cash at bank and in hand					124,483
					131,946
Creditors: Amounts falling due within one year					(174,110)
Net current liabilities					(42,164)
Total assets less current liabilities					(6,778)
Creditors: Amounts falling due after more than one year					(20,000)
Net liabilities					(26,778)
Capital and reserves
Called up share capital		3			2
Profit and loss account					(26,780)
Shareholders' deficit					(26,778)

For the year ending 31 March 2015 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 7 September 2015 and signed on its behalf by:

.........................................
T Hodgson
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Tigmus Limited
Notes to the Abbreviated Accounts for the Period from 5 March 2014 to 31 March 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Fixed assets with a value greater than £1,000 are capitalised. Items less than £1,000 are included in the profit and loss account.
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Website	4 years straight line

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
Additions		35,386			35,386
At 31 March 2015		35,386			35,386
Depreciation
At 31 March 2015		-			-
Net book value
At 31 March 2015		35,386			35,386

Page 2

Tigmus Limited
Notes to the Abbreviated Accounts for the Period from 5 March 2014 to 31 March 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

	31 March 2015
		No.			£
Ordinary shares of £1 each		2			2

New shares allotted

During the period 2 ordinary shares of £1 each having an aggregate nominal value of £2 were allotted for an aggregate consideration of £2. The shares were issued on the incorporation of the company.

Page 3