Abbreviated Company Accounts - TACTILITY FACTORY LIMITED

TACTILITY FACTORY LIMITED - Company Information

NI070020 TACTILITY FACTORY LIMITED 2016-07-31 false 2015-08-01 2016-07-31 true NI070020 2015-08-01 2016-07-31 NI070020 2016-07-31 NI070020 2015-07-31 NI070020 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 NI070020 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number NI070020

TACTILITY FACTORY LIMITED

Abbreviated Accounts

31 July 2016

TACTILITY FACTORY LIMITED Registered Number NI070020

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets	2	12,274	12,274
Tangible assets	3	10,697	10,697
		22,971	22,971
Current assets
Stocks		6,120	6,120
Debtors		2,632	2,632
Cash at bank and in hand		9,732	9,732
		18,484	18,484
Creditors: amounts falling due within one year		(28,267)	(28,267)
Net current assets (liabilities)		(9,783)	(9,783)
Total assets less current liabilities		13,188	13,188
Creditors: amounts falling due after more than one year		(352,045)	(352,045)
Total net assets (liabilities)		(338,857)	(338,857)
Capital and reserves
Called up share capital	4	166	166
Share premium account		103,131	103,131
Profit and loss account		(442,154)	(442,154)
Shareholders' funds		(338,857)	(338,857)

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 Board on 28 June 2017

And signed on their behalf by:
Ms Patricia Belford, Director

TACTILITY FACTORY LIMITED Registered Number NI070020

Notes to the Abbreviated Accounts for the period ended 31 July 2016

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.

Tangible assets depreciation policy
i. Fixed Assets are stated at cost.

ii. Depreciation is calculated to write off the net cost of fixed assets over their estimated
useful lives, by the reducing balance method at the following rates:

Fixtures, Fittings and Equipment 25%

2Intangible fixed assets

	£
Cost
At 1 August 2015	13,510
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	13,510
Amortisation
At 1 August 2015	1,236
Charge for the year	-
On disposals	-
At 31 July 2016	1,236
Net book values
At 31 July 2016	12,274
At 31 July 2015	12,274

3Tangible fixed assets

	£
Cost
At 1 August 2015	21,548
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	21,548
Depreciation
At 1 August 2015	10,851
Charge for the year	-
On disposals	-
At 31 July 2016	10,851
Net book values
At 31 July 2016	10,697
At 31 July 2015	10,697

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
166 Ordinary shares of £1 each	166	166