Telecom Watch Limited - Limited company - abbreviated - 11.0.0

Telecom Watch Limited - Limited company - abbreviated - 11.0.0


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REGISTERED NUMBER: 03154053 (England and Wales)















Telecom Watch Limited

Abbreviated Unaudited Accounts

for the year ended

28 February 2014






Telecom Watch Limited (Registered number: 03154053)






Contents of the Abbreviated Accounts
for the year ended 28 February 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Telecom Watch Limited

Company Information
for the year ended 28 February 2014







DIRECTORS: Mr R P Ryder
Mr J H Jordan
Mr R W Ryder
Mr G J Ryder





SECRETARY: Mr R P Ryder





REGISTERED OFFICE: Tan-y-Ffridd
Llangower
Bala
Gwynedd
LL23 7DA





REGISTERED NUMBER: 03154053 (England and Wales)





ACCOUNTANTS: Gardners Accountants Limited
Chartered Accountants
Brynford House
21 Brynford Street
Holywell
Flintshire
CH8 7RD

Telecom Watch Limited (Registered number: 03154053)

Abbreviated Balance Sheet
28 February 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 192,292 194,979

CURRENT ASSETS
Cash at bank 81,051 115,030

CREDITORS
Amounts falling due within one year 258,145 241,560
NET CURRENT LIABILITIES (177,094 ) (126,530 )
TOTAL ASSETS LESS CURRENT LIABILITIES 15,198 68,449

CAPITAL AND RESERVES
Called up share capital 3 81 81
Profit and loss account 15,117 68,368
SHAREHOLDERS' FUNDS 15,198 68,449

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2014 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 30 September 2014 and were signed on its behalf by:





Mr R P Ryder - Director


Telecom Watch Limited (Registered number: 03154053)

Notes to the Abbreviated Accounts
for the year ended 28 February 2014

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 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.

Freehold property - not provided
Long leasehold - not provided
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to the profit and loss account in the period to which they relate.

Depreciation
No depreciation is charged on freehold or leasehold properties as they are held for investment purposes.


2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 March 2013 231,768
Additions 3,088
At 28 February 2014 234,856
DEPRECIATION
At 1 March 2013 36,789
Charge for year 5,775
At 28 February 2014 42,564
NET BOOK VALUE
At 28 February 2014 192,292
At 28 February 2013 194,979

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
81 Ordinary £1 81 81