Abbreviated Company Accounts - TCT (UK) LTD

06668849 TCT (UK) LTD 2015-10-31 false 2014-11-01 2015-10-31 true 06668849 2014-11-01 2015-10-31 06668849 2015-10-31 06668849 2014-10-31 06668849 uk-gaap-cd-bus:Director1 2014-11-01 2015-10-31 06668849 uk-gaap-cd-bus:Director2 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 iso4217:GBP shares

Registered Number 06668849

TCT (UK) LTD

Abbreviated Accounts

31 October 2015

TCT (UK) LTD Registered Number 06668849

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	227,935	227,936
Investments	3	275,000	275,000
		502,935	502,936
Current assets
Debtors		36,093	90,822
Cash at bank and in hand		42	2,499
		36,135	93,321
Creditors: amounts falling due within one year	4	(239,583)	(271,941)
Net current assets (liabilities)		(203,448)	(178,620)
Total assets less current liabilities		299,487	324,316
Creditors: amounts falling due after more than one year	4	(186,229)	(212,300)
Total net assets (liabilities)		113,258	112,016
Capital and reserves
Called up share capital	5	5	5
Profit and loss account		113,253	112,011
Shareholders' funds		113,258	112,016

For the year ending 31 October 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 29 July 2016

And signed on their behalf by:
I Ferguson, Director

TCT (UK) LTD Registered Number 06668849

Notes to the Abbreviated Accounts for the period ended 31 October 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 represents net invoiced sales of services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold Property - not provided
Computer Equipment - 33% on cost

No depreciation has been provided on freehold property as the directors are of the opinion that the value of the property is not less than cost.

Other accounting policies
Ultimate Parent Company
On 9 August 2010, the company became a wholly owned subsidiary of TCT Universal Holdings Ltd, a company registered in England and Wales.

Secured Loans
A debenture was created by the company on 4 November 2008 securing monies due, or to become due, from the company to HSBC Bank plc on any account whatsoever.
A Legal Mortgage was created on 3 June 2009 securing all monies due, or to become due, from the company to HSBC Bank plc on any account whatsoever, against the property at 4 Queen Street, Weymouth.

2Tangible fixed assets

	£
Cost
At 1 November 2014	240,756
Additions	-
Disposals	(12,821)
Revaluations	-
Transfers	-
At 31 October 2015	227,935
Depreciation
At 1 November 2014	12,820
Charge for the year	-
On disposals	(12,820)
At 31 October 2015	0
Net book values
At 31 October 2015	227,935
At 31 October 2014	227,936

3Fixed assets Investments
Investments Other Than Loans
Cost at 1 November 2014 and 31 October 2015: £275,000

The company's investment at the balance sheet date in the share capital of companies include the following:

Weyline Cars Limited
Nature of Business: Private Car Hire
Class of Shares: Ordinary
Percentage Holding: 100.00
Aggregate Capital and Reserves: £3,507 (2015) : £7,276 (2014)
Profit for the Year: £243 (2015) : £38,107 (2014)

4Creditors

	2015 £	2014 £
Instalment debts due after 5 years	89,161	115,232

5Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
5 Ordinary shares of £1 each	5	5