Trendloop Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04592516 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

Trendloop Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

J J Jenkinson

REGISTERED OFFICE:

Shorne Hill

Loperwood Lane

Calmore

Southampton

Hampshire

SO40 2RR

REGISTERED NUMBER:

04592516 (England and Wales)

ACCOUNTANTS:

Geoffrey N Barnes

Chartered Accountants

12 Fratton Road

Portsmouth

Hampshire

PO1 5BX

FIXED ASSETS

Tangible assets

2

1,081

1,441

CURRENT ASSETS

Stocks

415,500

705,121

Cash at bank and in hand

1,396

1,440

416,896

706,561

CREDITORS

Amounts falling due within one year

(1,100

)

(1,100

)

NET CURRENT ASSETS

415,796

705,461

TOTAL ASSETS LESS CURRENT LIABILITIES

416,877

706,902

CREDITORS

Amounts falling due after more than one year

(1,292,114

)

(1,672,359

)

NET LIABILITIES

(875,237

)

(965,457

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(875,238

)

(965,458

)

SHAREHOLDERS' FUNDS

(875,237

)

(965,457

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 23 October 2015 and were signed by:

J J Jenkinson - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of goods and 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.

Fixtures and fittings

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

6,797

DEPRECIATION

At 1 April 2014

5,356

Charge for year

360

At 31 March 2015

5,716

NET BOOK VALUE

At 31 March 2015

1,081

At 31 March 2014

1,441

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1

Ordinary

1

1

1