Abbreviated Company Accounts - TECHWIZARD LIMITED

TECHWIZARD LIMITED - Company Information

08058272 TECHWIZARD LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 08058272 2014-04-01 2015-03-31 08058272 2015-03-31 08058272 2014-03-31 08058272 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 08058272 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 08058272

TECHWIZARD LIMITED

Abbreviated Accounts

31 March 2015

TECHWIZARD LIMITED Registered Number 08058272

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	85,452	301,883
		85,452	301,883
Current assets
Stocks		405,615	447,310
		405,615	447,310
Creditors: amounts falling due within one year		(544,535)	(600,081)
Net current assets (liabilities)		(138,920)	(152,771)
Total assets less current liabilities		(53,468)	149,112
Creditors: amounts falling due after more than one year		(67,667)	(276,831)
Total net assets (liabilities)		(121,135)	(127,719)
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(121,136)	(127,720)
Shareholders' funds		(121,135)	(127,719)

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 11 December 2015

And signed on their behalf by:
P Thorpe, Director

TECHWIZARD LIMITED Registered Number 08058272

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the hire of executive cars and the sale of exclusive watches invoiced to customers within the United Kingdom. excluding VAT.

2Tangible fixed assets

	£
Cost
At 1 April 2014	391,633
Additions	77,294
Disposals	(369,788)
Revaluations	-
Transfers	-
At 31 March 2015	99,139
Depreciation
At 1 April 2014	89,750
Charge for the year	8,681
On disposals	(84,744)
At 31 March 2015	13,687
Net book values
At 31 March 2015	85,452
At 31 March 2014	301,883

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1