The Technology Mill Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08052779 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2015

for

The Technology Mill Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr. M J Stewart

REGISTERED OFFICE:

2 Siskin Court

Turnstone Park

Carlisle

Cumbria

CA2 7PX

REGISTERED NUMBER:

08052779 (England and Wales)

ACCOUNTANTS:

Grainger & Platt

Chartered Certified Accountants

3 Fisher Street

Carlisle

Cumbria

CA3 8RR

FIXED ASSETS

Tangible assets

2

1,270

5,587

CURRENT ASSETS

Debtors

16,285

6,116

Cash at bank

967

3,929

17,252

10,045

CREDITORS

Amounts falling due within one year

15,950

11,720

NET CURRENT ASSETS/(LIABILITIES)

1,302

(1,675

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,572

3,912

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

2,571

3,911

SHAREHOLDERS' FUNDS

2,572

3,912

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 26 February 2016 and were signed by:

Mr. M J Stewart - 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

-

33% on cost and 15% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

8,736

Additions

3,199

Disposals

(9,239

)

At 31 May 2015

2,696

DEPRECIATION

At 1 June 2014

3,149

Charge for year

2,982

Eliminated on disposal

(4,705

)

At 31 May 2015

1,426

NET BOOK VALUE

At 31 May 2015

1,270

At 31 May 2014

5,587

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.15

31.5.14

value:

£

£

1

Ordinary

£1

1

1