TRADING_EDGE_TECHNOLOGY_L - Accounts


Company Registration No. 07905874 (England and Wales)
TRADING EDGE TECHNOLOGY LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016
TRADING EDGE TECHNOLOGY LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
TRADING EDGE TECHNOLOGY LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2016
31 March 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Intangible assets
2
134,664
76,008
Current assets
Debtors
950
950
Cash at bank and in hand
3,021
50,299
3,971
51,249
Creditors: amounts falling due within one year
(14,488)
(10,471)
Net current liabilities/(assets)
(10,517)
40,778
Total assets less current liabilities
124,147
116,786
Capital and reserves
Called up share capital
3
1,991
37,717
Share premium account
195,569
113,233
Profit and loss account
(73,413)
(34,164)
Shareholders'  funds
124,147
116,786
For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 18 April 2016
Mr A Starr
Director
Company Registration No. 07905874
TRADING EDGE TECHNOLOGY LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016
- 2 -
1
Accounting policies
1.1
Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
2
Fixed assets
Intangible assets
£
Cost
At 1 April 2015
102,410
Additions
98,922
At 31 March 2016
201,332
Depreciation
At 1 April 2015
26,402
Charge for the year
40,266
At 31 March 2016
66,668
Net book value
At 31 March 2016
134,664
At 31 March 2015
76,008
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
199,100 Ordinary Shares of 1p each
1,991
37,717
4
Control

No party controls the company.

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