Trophystore.Co.Uk Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06956751 (England and Wales)

TROPHYSTORE.CO.UK LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

DIRECTORS:

Mr S A Noctor

Mrs M A Noctor

REGISTERED OFFICE:

24-25 Amber Business Village

Amber Close

Tamworth

Staffordshire

B77 4RP

REGISTERED NUMBER:

06956751 (England and Wales)

FIXED ASSETS

Tangible assets

2

52,591

48,837

CURRENT ASSETS

Stocks

22,500

15,000

Debtors

283,277

136,648

Cash at bank and in hand

2,552

2,406

308,329

154,054

CREDITORS

Amounts falling due within one year

191,904

120,658

NET CURRENT ASSETS

116,425

33,396

TOTAL ASSETS LESS CURRENT LIABILITIES

169,016

82,233

PROVISIONS FOR LIABILITIES

10,822

9,767

NET ASSETS

158,194

72,466

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

158,094

72,366

SHAREHOLDERS' FUNDS

158,194

72,466

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 26 September 2014 and were signed on its behalf by:

Mr S A Noctor - 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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, 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 and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

70,290

Additions

11,118

At 31 December 2013

81,408

DEPRECIATION

At 1 January 2013

21,453

Charge for year

7,364

At 31 December 2013

28,817

NET BOOK VALUE

At 31 December 2013

52,591

At 31 December 2012

48,837

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

100

Ordinary

1

100

100

4.	ULTIMATE PARENT COMPANY

Group Holdings (UK) Limited is regarded by the directors as being the company's ultimate parent company.