TLC Platforms Limited,Ltd - Accounts

TLC Platforms Limited,Ltd - Accounts

TLC PLATFORMS LIMITED - Company Information

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2014-01-01 true false Private Limited Company 08114608 2014-12-31 08114608 2014-01-01 2014-12-31 08114608 2013-12-31 08114608 2013-01-01 2013-12-31 08114608 uk-bus:Director1 2014-01-01 2014-12-31 08114608 uk-gaap:AfterOneYear 2013-12-31 iso4217:GBP
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TLC Platforms Limited
For the year ended 31 December 2014
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 08114608
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Contents Page
TLC Platforms Limited
For the year ended 31 December 2014
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
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TLC Platforms Limited
Accountants' Report
For the year ended 31 December 2014
As described on the balance sheet you are responsible for the preparation of the financial statements for the
year ended 31 December 2014 and you consider that the company is exempt from an audit under the
Companies Act 2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist
you to fulfil your statutory responsibilities, from the accounting records and information and explanations
supplied to us.
Vickers Reynolds & Co (Lye) Ltd
'The Stables'
Dudley road
Lye, Stourbridge
West Midlands
DY9 8EL
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Abbreviated Balance Sheet
TLC Platforms Limited
As at 31 December 2014
08114608
Registered Number :
£
£
2014
Notes
2013
Fixed assets
Tangible assets
2
83,296
83,296
83,296
83,296
Current assets
Cash at bank and in hand
4,532
4,532
4,532
4,532
Creditors: amounts falling due within one year
(6,586)
(6,586)
(2,054)
(2,054)
Net current liabilities
Total assets less current liabilities
81,242
81,242
Creditors: amounts falling due after more than one year
3
(75,000)
(75,000)
6,242
Net assets
6,242
Capital and reserves
Profit and loss account
6,242
6,242
6,242
6,242
Shareholders funds
For the year ended 31 December 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,
2) The director acknowledges his 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.
Date approved by the board: 30 September 2015
Lewis Formon Director
Signed on behalf of the board of directors
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Notes to the Abbreviated Financial Statements
TLC Platforms Limited
For the year ended 31 December 2014
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Dividends
Proposed dividends are only included as liabilities in the financial statements when their payment has been
approved by the shareholders prior to the balance sheet date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2 Tangible fixed assets
Tangible
fixed assets
Cost or valuation
£
83,296
At 01 January 2014
At 31 December 2014
83,296
Net book values
At 31 December 2014
83,296
83,296
At 31 December 2013
2013
2014
3 Creditors due after more than one year
£
£
68,000
68,000
Bank loans and overdraft
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Notes to the Abbreviated Financial Statements
TLC Platforms Limited
For the year ended 31 December 2014
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