Abbreviated Company Accounts - TRUSTWORTHY LIMITED

TRUSTWORTHY LIMITED - Company Information

01760145 TRUSTWORTHY LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 01760145 2014-04-01 2015-03-31 01760145 2015-03-31 01760145 2014-03-31 01760145 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 01760145 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 01760145

TRUSTWORTHY LIMITED

Abbreviated Accounts

31 March 2015

TRUSTWORTHY LIMITED Registered Number 01760145

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	3,468	-
		3,468	-
Current assets
Debtors		43,070	41,845
Cash at bank and in hand		14,632	2,643
		57,702	44,488
Creditors: amounts falling due within one year		(21,747)	(8,731)
Net current assets (liabilities)		35,955	35,757
Total assets less current liabilities		39,423	35,757
Total net assets (liabilities)		39,423	35,757
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		39,323	35,657
Shareholders' funds		39,423	35,757

For the year ending 31 March 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 directors acknowledge their 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 Board on 8 June 2016

And signed on their behalf by:
MARILYN SMULOVITCH, Director

TRUSTWORTHY LIMITED Registered Number 01760145

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover is the amount derived from the provision of goods and services after deduction of trade discounts. All turnover originated within the UK.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings - 25 % on cost
Equipment - 25 % on cost

Other accounting policies
Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either 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.

2Tangible fixed assets

	£
Cost
At 1 April 2014	2,262
Additions	4,623
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	6,885
Depreciation
At 1 April 2014	2,262
Charge for the year	1,155
On disposals	-
At 31 March 2015	3,417
Net book values
At 31 March 2015	3,468
At 31 March 2014	0

All fixed assets are initially recorded at cost.

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100