Thermal Dynamics Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 02802511 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 December 2015

for

Thermal Dynamics Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

F J Marshall

S J Marshall

Miss S J Marshall

SECRETARY:

Miss S J Marshall

REGISTERED OFFICE:

Unit 8

Transfer Bridge Industrial Estate

County Road

Swindon

Wiltshire

SN1 2HW

REGISTERED NUMBER:

02802511 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

65 St Mary Street

Chippenham

Wiltshire

SN15 3JF

FIXED ASSETS

Tangible assets

2

7,016

5,179

CURRENT ASSETS

Stocks

101,417

88,927

Debtors

439,553

340,911

Cash at bank

162,278

298,517

703,248

728,355

CREDITORS

Amounts falling due within one year

111,344

149,081

NET CURRENT ASSETS

591,904

579,274

TOTAL ASSETS LESS CURRENT LIABILITIES

598,920

584,453

PROVISIONS FOR LIABILITIES

1,125

696

NET ASSETS

597,795

583,757

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Retained earnings

596,795

582,757

SHAREHOLDERS' FUNDS

597,795

583,757

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 3 June 2016 and were signed on its behalf by:

Miss S J Marshall - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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.

Furniture, fixtures and fittings

-

15% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

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 profit or loss in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

35,020

Additions

3,075

At 31 December 2015

38,095

DEPRECIATION

At 1 January 2015

29,841

Charge for year

1,238

At 31 December 2015

31,079

NET BOOK VALUE

At 31 December 2015

7,016

At 31 December 2014

5,179

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

£

1,000

Ordinary

£1

1,000

1,000