Tension Technology International Limited - Limited company - abbreviated

REGISTERED NUMBER: 02018267 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2015

FOR

TENSION TECHNOLOGY INTERNATIONAL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S J Banfield

Professor R E Hobbs

Dr A T Ractliffe

M A Delaney

N O'Hear

J F Flory

K Black

Mrs D Banfield

SECRETARY:

Mrs D Banfield

REGISTERED OFFICE:

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

REGISTERED NUMBER:

02018267 (England and Wales)

ACCOUNTANTS:

Watson Associates (Professional Services) Limited

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

FIXED ASSETS

Tangible assets

2

3,959

5,335

Investments

3

15,800

800

Investment property

4

500,299

490,698

520,058

496,833

CURRENT ASSETS

Debtors

595,110

377,438

Cash at bank

1,052,391

477,704

1,647,501

855,142

CREDITORS

Amounts falling due within one year

250,452

175,215

NET CURRENT ASSETS

1,397,049

679,927

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,917,107

1,176,760

CREDITORS

Amounts falling due after more than one
year

5

199,336

319,998

NET ASSETS

1,717,771

856,762

CAPITAL AND RESERVES

Called up share capital

6

8,834

Share premium

87,945

Other reserves

3,833

Profit and loss account

1,617,159

756,150

SHAREHOLDERS' FUNDS

1,717,771

856,762

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 13 January 2016 and were signed on its behalf by:

S J Banfield - 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 goods, 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.

Plant and machinery etc

-

50% on reducing balance and 25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

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

At 1 May 2014

and 30 April 2015

153,270

DEPRECIATION

At 1 May 2014

147,935

Charge for year

1,376

At 30 April 2015

149,311

NET BOOK VALUE

At 30 April 2015

3,959

At 30 April 2014

5,335

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 May 2014

800

Additions

15,000

At 30 April 2015

15,800

NET BOOK VALUE

At 30 April 2015

15,800

At 30 April 2014

800

The company's investments at the Balance Sheet date in the share capital of companies include the following:

TTI Testing Limited

Nature of business: Testing of ropes and textiles

%

Class of shares:

holding

Ordinary

90.00

2015

2014

£

Aggregate capital and reserves

255,117

124,778

Profit for the year

130,339

47,177

4.	INVESTMENT PROPERTY

Total

£

COST

At 1 May 2014

490,698

Additions

9,601

At 30 April 2015

500,299

NET BOOK VALUE

At 30 April 2015

500,299

At 30 April 2014

490,698

5.

CREDITORS

Creditors include the following debts falling due in more than five years:

2015

2014

£

Repayable otherwise than by instalments

199,336

319,998

6.	CALLED UP SHARE CAPITAL

Alloted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

1,760

Ordinary A

£1

1,760

2,172

Ordinary B

£1

2,172

Ordinary C

£1

2,172

474

Ordinary D

£1

474

344

268

Ordinary E

£1

268

226

Ordinary F

£1

226

412

Ordinary G

£1

412

150

Ordinary H

£1

150

200

Ordinary I

£1

200

Ordinary J

£1

200

Ordinary K

£1

200

600

Ordinary L

£1

600

8,834

Tension Technology International Limited - Limited company - abbreviated - 11.9

Tension Technology International Limited - Limited company - abbreviated - 11.9