Tradermind Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 03488721 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 JANUARY 2014

FOR

TRADERMIND LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A Patel

SECRETARY:

2020 Secretarial Limited

REGISTERED OFFICE:

1 St Andrew's Hill

London

EC4V 5BY

REGISTERED NUMBER:

03488721 (England and Wales)

ACCOUNTANTS:

2020 Chartered Accountants

1 St Andrew's Hill

London

EC4V 5BY

FIXED ASSETS

Tangible assets

2

2,233

2,978

CURRENT ASSETS

Debtors

3

166,607

203,436

Cash at bank

-

16,732

166,607

220,168

CREDITORS

Amounts falling due within one year

59,007

132,043

NET CURRENT ASSETS

107,600

88,125

TOTAL ASSETS LESS CURRENT LIABILITIES

109,833

91,103

PROVISIONS FOR LIABILITIES

431

577

NET ASSETS

109,402

90,526

CAPITAL AND RESERVES

Called up share capital

4

1,000

1,000

Profit and loss account

108,402

89,526

SHAREHOLDERS' FUNDS

109,402

90,526

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 31 October 2014 and were signed by:

A Patel - 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 services receivable provided in the normal course of business, net of value added tax.

Services provided to clients during the year, including any amounts which at the balance sheet date have not been

billed to the clients, have been recognised as turnover.

Royalties are accounted for on a received basis.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2013

and 31 January 2014

32,298

DEPRECIATION

At 1 February 2013

29,320

Charge for year

745

At 31 January 2014

30,065

NET BOOK VALUE

At 31 January 2014

2,233

At 31 January 2013

2,978

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 70,853 (2013 - £ 70,853 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1,000

Ordinary

£1

1,000

1,000

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2014 and

31 January 2013:

2014

2013

£

£

A Patel

Balance outstanding at start of year

122,473

56,563

Amounts advanced

70,824

132,452

Amounts repaid

(115,592

)

(66,542

)

Balance outstanding at end of year

77,705

122,473