Twobenches Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06503830 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 August 2015

for

Twobenches Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

U Krautmacher

REGISTERED OFFICE:

10 Handforth Road

London

SW9 0LP

REGISTERED NUMBER:

06503830 (England and Wales)

ACCOUNTANTS:

SJD Accountancy

12th Floor

30 Crown Place

London

EC2A 2AL

FIXED ASSETS

Tangible assets

2

1,094

-

CURRENT ASSETS

Debtors

8,640

5,760

Cash at bank

101,443

166,862

110,083

172,622

CREDITORS

Amounts falling due within one year

18,854

38,522

NET CURRENT ASSETS

91,229

134,100

TOTAL ASSETS LESS CURRENT LIABILITIES

92,323

134,100

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

92,321

134,098

SHAREHOLDERS' FUNDS

92,323

134,100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 6 October 2015 and were signed by:

U Krautmacher - 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.

TANGIBLE FIXED ASSETS

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

Computer equipment

-

25% on reducing balance

DEFERRED TAX

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

balance sheet date.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,458

At 31 August 2015

1,458

DEPRECIATION

Charge for year

364

At 31 August 2015

364

NET BOOK VALUE

At 31 August 2015

1,094

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.15

31.8.14

value:

£

£

2

Ordinary

£1

2

2

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2015 and

31 August 2014:

31.8.15

31.8.14

£

£

U Krautmacher

Balance outstanding at start of year

(9,382

)

-

Amounts advanced

(956

)

(9,382

)

Amounts repaid

-

-

Balance outstanding at end of year

(10,338

)

(9,382

)

5.	ULTIMATE CONTROLLING PARTY

The controlling party is U Krautmacher.

The ultimate controlling party is U Krautmacher.