TPAD Limited - Period Ending 2015-06-30

Registration number: 02921837

TPAD Limited

trading as TPAD Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 June 2015

TPAD Limited
trading as TPAD Limited
Contents

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

TPAD Limited
trading as TPAD Limited
(Registration number: 02921837)
Abbreviated Balance Sheet at 30 June 2015

	Note	2015 £	2014 £
Current assets
Debtors		5,277,503	1,519,734
Cash at bank and in hand		-	7,769
		5,277,503	1,527,503
Creditors: Amounts falling due within one year		(9,740,499)	(2,242,499)
Net liabilities		(4,462,996)	(714,996)
Capital and reserves
Called up share capital	2	100	100
Profit and loss account		(4,463,096)	(715,096)
Shareholders' deficit		(4,462,996)	(714,996)

For the year ending 30 June 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 director acknowledges his 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 director on 10 December 2015

.........................................
Mr Zia Mohsan
Director

The notes on page 2 form an integral part of these financial statements.
Page 1

TPAD Limited
trading as TPAD Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable in respect of the sale of goods and services to customers.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Share capital

Allotted, called up and fully paid shares

	2015			2014
		No.	£		No.	£
Ordinary Shares of £1 each		100	100		100	100

Control

The company is controlled by Theta Overseas Limited A company registered in The British Virgin Islands. The ultimate controlling party is The Trustees of the Hillside Settlement, a Jersey based Trust.

Page 2