Trilogy Group Limited - Abbreviated accounts 16.1
Trilogy Group Limited - Abbreviated accounts 16.1
REGISTERED NUMBER: |
Trilogy Group Limited |
Abbreviated Unaudited Accounts |
For The Year Ended 31 March 2016 |
Trilogy Group Limited (Registered number: 04684399) |
Contents of the Abbreviated Accounts |
For The Year Ended 31 March 2016 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
Trilogy Group Limited |
Company Information |
For The Year Ended 31 March 2016 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Trilogy Group Limited (Registered number: 04684399) |
Abbreviated Balance Sheet |
31 March 2016 |
2016 | 2015 |
Notes | £ | £ |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 2 |
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS |
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 financial statements were approved by the Board of Directors on |
Trilogy Group Limited (Registered number: 04684399) |
Notes to the Abbreviated Accounts |
For The Year Ended 31 March 2016 |
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). |
The company was dormant throughout the current year and previous year. |
Preparation of consolidated financial statements |
The financial statements contain information about Trilogy Group Limited as an individual company and do not |
contain consolidated financial information as the parent of a group. The company is exempt under Section 248 |
of the Companies Act 1985 from the requirements to prepare consolidated financial statements as the group it |
heads qualifies as a small group. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at |
the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
Income from annual maintenance contracts |
Even though annual maintenance contracts are contracted for and paid annually in advance and are |
non-cancellable, turnover is only recognised on a monthly occurring bases at one twelfth of the annual amount. |
The residual income, which has been received in advance, is shown within creditors as deferred income. |
Income and the related profit from annual maintenance contracts which are contracted out to third parties are |
recognised in the month in which the sales invoice is raised. |
2. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2016 | 2015 |
value: | £ | £ |
Ordinary shares | 0.01 |