THIRD_REVOLUTION_LIMITED - Accounts

THIRD REVOLUTION LIMITED - Company Information

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Company Registration No. 08998505 (England and Wales)

THIRD REVOLUTION LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED ENDED 30 APRIL 2015

THIRD REVOLUTION LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

THIRD REVOLUTION LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2015

- 1 -

2015

Notes

Current assets

Debtors

39,600

Cash at bank and in hand

1,170

40,770

Creditors: amounts falling due within one year

(39,930)

Total assets less current liabilities

840

Capital and reserves

Called up share capital

Profit and loss account

839

Shareholders' funds

840

For the financial period ended ended 30 April 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the period ended in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 13 January 2016

G M Tivey

Director

Company Registration No. 08998505

THIRD REVOLUTION LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED ENDED 30 APRIL 2015

- 2 -

Accounting policies

1.1

Accounting convention

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

1.2

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.3

Deferred taxation

Deferred taxation is recognised in respect of all timing differences which have originated but not reversed at the balance sheet date. Timing differences are differences between taxable profits and the results as stated in the financial statements which arise from the inclusion of gains and losses in tax assessments in periods different from those in which they are recognised for tax purposes.

A net deferred tax asset is regarded as recoverable and therefore recognised only when it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of underlying timing differences can be deducted.

Deferred tax is measured at the average tax rates which are expected to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws which have been enacted or substantively enacted by the balance sheet date. Deferred tax is measured on a non-discounted basis.

Share capital

2015

Allotted, called up and fully paid

1 Ordinary share of £1 each