TRIQUETTRA_LIMITED - Accounts

TRIQUETTRA LIMITED - Company Information

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Company Registration No. 07506337 (England and Wales)

TRIQUETTRA LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2016

TRIQUETTRA LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

TRIQUETTRA LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MAY 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

49,841

60,588

Current assets

Debtors

709,103

533,312

Cash at bank and in hand

16,778

9,005

725,881

542,317

Creditors: amounts falling due within one year

(144,267)

(288,662)

Net current assets

581,614

253,655

Total assets less current liabilities

631,455

314,243

Creditors: amounts falling due after more than one year

(2,840)

(17,394)

Provisions for liabilities

(11,707)

616,908

285,142

Capital and reserves

Called up share capital

1,004

Profit and loss account

615,904

284,138

Shareholders' funds

616,908

285,142

For the financial year ended 31 May 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 7 December 2016

Mr P Plant

Director

Company Registration No. 07506337

TRIQUETTRA LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

- 2 -

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).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

20% reducing balance

Computer equipment

33% reducing balance

Fixtures, fittings & equipment

15% reducing balance

1.5

Foreign currency translation

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

Fixed assets

Tangible assets

Cost

At 1 June 2015

117,929

Additions

1,972

At 31 May 2016

119,901

Depreciation

At 1 June 2015

57,341

Charge for the year

12,719

At 31 May 2016

70,060

Net book value

At 31 May 2016

49,841

At 31 May 2015

60,588

TRIQUETTRA LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

1,004 Ordinary of £1 each

1,004