Telle Systems Ltd - Period Ending 2016-07-31

Registration number: 03410628

Telle Systems Ltd

Unaudited Abbreviated Accounts
 
for the Year Ended 31 July 2016

R J Financial Accounting Services
Chartered Certified Accountants
1b Bassaleg Road
Newport
Gwent
NP20 3EB

Telle Systems Ltd

Contents

Accountants' Report	1
Abbreviated Balance Sheet	2
Notes to the Abbreviated Accounts	3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Telle Systems Ltd
for the Year Ended 31 July 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Telle Systems Ltd for the year ended 31 July 2016 set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made solely to the Board of Directors of Telle Systems Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Telle Systems Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www2.accaglobal.com/pubs/members/publications/technical_factsheets/downloads/163.doc. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Telle Systems Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Telle Systems Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Telle Systems Ltd. You consider that Telle Systems Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Telle Systems Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

R J Financial Accounting Services
Chartered Certified Accountants
1b Bassaleg Road
Newport
Gwent
NP20 3EB

25 April 2017

Page 1

Telle Systems Ltd

(Registration number: 03410628)
Abbreviated Balance Sheet as at 31 July 2016

	Note	2016  £	2015  £
Fixed assets
Tangible assets		3,225	-
Current assets
Cash at bank and in hand		21,606	6
Creditors: Amounts falling due within one year		(32,053)	(14,249)
Net current liabilities		(10,447)	(14,243)
Net liabilities		(7,222)	(14,243)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(7,224)	(14,245)
Shareholders' deficit		(7,222)	(14,243)

For the year ending 31 July 2016 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 director on 25 April 2017

.........................................
Mr A G Beer
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Telle Systems Ltd

Notes to the Abbreviated Accounts

1	Accounting policies

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Revenue recognition

Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% reducing balance basis

2	Fixed assets

	Tangible assets £	Total £
Cost
Additions	4,300	4,300
At 31 July 2016	4,300	4,300
Depreciation
Charge for the year	1,075	1,075
At 31 July 2016	1,075	1,075
Net book value
At 31 July 2016	3,225	3,225

Page 3

Telle Systems Ltd

Notes to the Abbreviated Accounts

3	Share capital

Allotted, called up and fully paid shares

	2016		2015
	No.	£	No.	£
Mr A Beer of £1 each	1	1	1	1
Mrs J Beer of £1 each	1	1	1	1
	2	2	2	2

Page 4