Test Technologies Holdings Limited - Period Ending 2013-12-31

Registration number: 06486348

Test Technologies Holdings Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 December 2013
 

Test Technologies Holdings Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Test Technologies Holdings Limited
(Registration number: 06486348)
Abbreviated Balance Sheet at 31 December 2013

		Note			2013 £			2012 £
Fixed assets
Investments		2			1,100			1,100
Current assets
Debtors					56,205			-
Creditors: Amounts falling due within one year					(53,772)			(100)
Net current assets/(liabilities)					2,433			(100)
Total assets less current liabilities					3,533			1,000
Capital and reserves
Called up share capital		3			1,000			1,000
Profit and loss account					2,533			-
Shareholders' funds					3,533			1,000

For the year ending 31 December 2013 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 25 August 2014 and signed on its behalf by:

.........................................
J S Beaumont
Director

.........................................
N McDougall
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Test Technologies Holdings Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2013
......... 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

There was no turnover in the period.

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

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	Fixed assets

		Investments £			Total £
Cost
At 1 January 2013		1,100			1,100
At 31 December 2013		1,100			1,100
Depreciation
At 31 December 2013		-			-
Net book value
At 31 December 2013		1,100			1,100
At 31 December 2012		1,100			1,100

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Holding

Proportion of voting rights and shares held

Principal activity

Subsidiary undertakings
Quick-Test Technologies Limited	Ordinary shares	100%	Development of test kits

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Test Technologies Holdings Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2013
......... continued

DelAgua Water Testing Limited

Ordinary shares

100%

Manufacture and distribution of testing kits

The loss for the financial period of Quick-Test Technologies Limited was £11,833 and the aggregate amount of capital and reserves at the end of the period was (£88,984).

The profit for the financial period of DelAgua Water Testing Limited was £55,307 and the aggregate amount of capital and reserves at the end of the period was £294,103.

3	Share capital

Allotted, called up and fully paid shares

	2013						2012
		No.			£			No.			£
Ordinary shares of £1 each		1,000			1,000			1,000			1,000

4

Control

The company is controlled by N McDougall until 28 February 2013. On that date the entire share capital was transferred to DelAgua Group Limited (a company incorporated in The Bahamas) via a share for share exchange. That company is controlled by N McDougall.

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