Abbreviated Company Accounts - TRANSPARENT DIVIDENDS LTD

TRANSPARENT TECHNOLOGIES LTD - Company Information

06805313 TRANSPARENT DIVIDENDS LTD 2014-01-31 false 2013-02-01 2014-01-31 true 06805313 2013-02-01 2014-01-31 06805313 2014-01-31 06805313 2013-01-31 06805313 uk-gaap-cd-bus:Director1 2013-02-01 2014-01-31 06805313 uk-gaap-cd-bus:Director2 2013-02-01 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-02-01 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-31 iso4217:GBP shares

Registered Number 06805313

TRANSPARENT DIVIDENDS LTD

Abbreviated Accounts

31 January 2014

TRANSPARENT DIVIDENDS LTD Registered Number 06805313

Abbreviated Balance Sheet as at 31 January 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	4,957	5,490
		4,957	5,490
Current assets
Stocks		10,000	7,380
Debtors		16,683	30,539
Cash at bank and in hand		21,008	24,645
		47,691	62,564
Creditors: amounts falling due within one year		(25,480)	(31,073)
Net current assets (liabilities)		22,211	31,491
Total assets less current liabilities		27,168	36,981
Creditors: amounts falling due after more than one year		(2,708)	(7,204)
Total net assets (liabilities)		24,460	29,777
Capital and reserves
Called up share capital	3	999	999
Profit and loss account		23,461	28,778
Shareholders' funds		24,460	29,777

For the year ending 31 January 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 20 October 2014

And signed on their behalf by:
Mrs N N Chowdhury, Director

TRANSPARENT DIVIDENDS LTD Registered Number 06805313

Notes to the Abbreviated Accounts for the period ended 31 January 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible assets depreciation policy
Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery - 20% on reducing balance

Valuation information and policy
Work in progress

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

2Tangible fixed assets

	£
Cost
At 1 February 2013	9,815
Additions	707
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2014	10,522
Depreciation
At 1 February 2013	4,325
Charge for the year	1,240
On disposals	-
At 31 January 2014	5,565
Net book values
At 31 January 2014	4,957
At 31 January 2013	5,490

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
999 Ordinary shares of £1 each	999	999