Triskel Consultants Limited - Period Ending 2016-09-30

 
 
 
 
 
 
 
  Triskel Consultants Limited
 
  Unaudited Abbreviated Accounts
  Year Ended 30 September 2016
 
  Company Registration Number: 04281553

Triskel Consultants Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Triskel Consultants Limited
Abbreviated Balance Sheet
30 September 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets		2			6,230			4,113
Current assets
Debtors					6,780			6,948
Cash at bank and in hand					16,717			14,305
					23,497			21,253
Creditors: Amounts falling due within one year					(20,232)			(20,062)
Net current assets					3,265			1,191
Net assets					9,495			5,304
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					9,493			5,302
Shareholders' funds					9,495			5,304

For the year ending 30 September 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 Board on 10 April 2017 and signed on its behalf by:

......................................... Mrs A C Wittamore Director	......................................... Mr K J Wittamore Director
Company Registration Number: 04281553

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Triskel Consultants Limited
Notes to the Abbreviated Accounts
Year Ended 30 September 2016 ......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

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

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
Fixtures and fittings	15% reducing balance
Equipment	20% reducing balance

Foreign currency

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 October 2015		27,012			27,012
Additions		3,157			3,157
At 30 September 2016		30,169			30,169
Depreciation
At 1 October 2015		22,899			22,899
Charge for the year		1,040			1,040
At 30 September 2016		23,939			23,939
Net book value
At 30 September 2016		6,230			6,230
At 30 September 2015		4,113			4,113

Page 2

Triskel Consultants Limited
Notes to the Abbreviated Accounts
Year Ended 30 September 2016 ......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary A of £1 each		1			1			1			1
Ordinary B of £1 each		1			1			1			1
		2			2			2			2

Page 3