Abbreviated Company Accounts - TRADING EDGE TECHNOLOGY LTD

Abbreviated Company Accounts - TRADING EDGE TECHNOLOGY LTD


Registered Number 07905874

TRADING EDGE TECHNOLOGY LTD

Abbreviated Accounts

31 March 2015

TRADING EDGE TECHNOLOGY LTD Registered Number 07905874

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 76,008 10,200
76,008 10,200
Current assets
Debtors 950 950
Cash at bank and in hand 50,299 -
51,249 950
Creditors: amounts falling due within one year (10,471) (1,140)
Net current assets (liabilities) 40,778 (190)
Total assets less current liabilities 116,786 10,010
Total net assets (liabilities) 116,786 10,010
Capital and reserves
Called up share capital 3 37,717 1,050
Share premium account 113,233 19,900
Profit and loss account (34,164) (10,940)
Shareholders' funds 116,786 10,010
  • 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 29 December 2015

And signed on their behalf by:
A Starr, Director

TRADING EDGE TECHNOLOGY LTD Registered Number 07905874

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied
consistently (except as otherwise stated).

2Intangible fixed assets
£
Cost
At 1 April 2014 17,000
Additions 85,410
Disposals -
Revaluations -
Transfers -
At 31 March 2015 102,410
Amortisation
At 1 April 2014 6,800
Charge for the year 19,602
On disposals -
At 31 March 2015 26,402
Net book values
At 31 March 2015 76,008
At 31 March 2014 10,200
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
3,771,700 Ordinary shares of £0.01 each (105,000 shares for 2014) 37,717 1,050

Control
The ultimate controlling party is Adam Starr by virtue of his beneficial shareholding.