Transworld Software Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 02996425 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2016

for

Transworld Software Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

P D Hamblin

SECRETARY:

Mrs H M Palmer Hamblin

REGISTERED OFFICE:

22 Wessex Park

Bancombe Business Estate

Somerton

Somerset

TA11 6SB

REGISTERED NUMBER:

02996425 (England and Wales)

ACCOUNTANTS:

Somerset Accountancy Services Ltd

22 Wessex Park

Bancombe Business Estate

Somerton

Somerset

TA11 6SB

FIXED ASSETS

Tangible assets

2

68,224

68,296

CURRENT ASSETS

Debtors

3

26,439

28,439

Cash at bank

25,893

25,236

52,332

53,675

CREDITORS

Amounts falling due within one year

1,679

2,691

NET CURRENT ASSETS

50,653

50,984

TOTAL ASSETS LESS CURRENT
LIABILITIES

118,877

119,280

PROVISIONS FOR LIABILITIES

45

62

NET ASSETS

118,832

119,218

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

118,830

119,216

SHAREHOLDERS' FUNDS

118,832

119,218

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 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 15 August 2016 and were signed by:

P D Hamblin - 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 January 2015).

Turnover

Turnover represents net invoiced sales of services, 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 & Machinery 25% reducing balance

Land & Buildings No provision is made

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

80,527

DEPRECIATION

At 1 May 2015

12,231

Charge for year

72

At 30 April 2016

12,303

NET BOOK VALUE

At 30 April 2016

68,224

At 30 April 2015

68,296

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 18,439 (30.4.15 - £ 19,439 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

2

Ordinary

2