Abbreviated Company Accounts - TRADENOTAID.COM LIMITED

TRADENOTAID.COM LIMITED - Company Information

03932382 TRADENOTAID.COM LIMITED 2014-02-28 false 2013-03-01 2014-02-28 true 03932382 2013-03-01 2014-02-28 03932382 2014-02-28 03932382 2013-02-28 03932382 uk-gaap-cd-bus:Director1 2013-03-01 2014-02-28 03932382 uk-gaap-cd-bus:Director2 2013-03-01 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-01 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2013-02-28 iso4217:GBP shares

Registered Number 03932382

TRADENOTAID.COM LIMITED

Abbreviated Accounts

28 February 2014

TRADENOTAID.COM LIMITED Registered Number 03932382

Abbreviated Balance Sheet as at 28 February 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Current assets
Cash at bank and in hand		100	100
		100	100
Creditors: amounts falling due within one year		0	0
Net current assets (liabilities)		100	100
Total assets less current liabilities		100	100
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		100	100
Capital and reserves
Called up share capital	2	100	100
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		0	0
Shareholders' funds		100	100

For the year ending 28 February 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 23 November 2014

And signed on their behalf by:
J.J.E. Lefroy, Director

TRADENOTAID.COM LIMITED Registered Number 03932382

Notes to the Abbreviated Accounts for the period ended 28 February 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
Turnover shown in the profit and loss account represents revenue earned during the year, exclusive of VAT.

Tangible assets depreciation policy
Depreciation has been provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful lives:
Office equipment and software 50% on cost
Office furniture 20% on cost

Valuation information and policy
Stocks and work in progress have been valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Other accounting policies
Taxation policy

Corporation tax payable is provided on taxable profits at the current rate.

Deferred taxation policy

Deferred taxation is recognised in respect of all timing differences that have originated but not been reversed at balance sheet date. Timing differences are differences between the taxable profits and the results as stated in the financial statements that arise from the inclusion of gains and losses in tax assessments in periods different from those in which they are recognised in the financial statements.
A net deferred tax asset is regarded as recoverable and therefore recognised only when it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of underlying timing differences can be deducted.

Policy on foreign currencies

Transactions in foreign currencies are recorded at the average rate of exchange for the date on which the transaction occurred (according to the website oanda.com) or, if
hedged, at the forward contract rate. Monetary assets and liabilities denominated in
foreign currencies at the balance sheet date are reported at the rates of exchange prevailing at that date or, if appropriate, at the forward contract rate. Any gain or loss arising from a change in exchange rates subsequent to the date of the transaction is included as an exchange gain or loss in the profit and loss account.

Policy on investments

Fixed asset investments are shown at cost less provision for impairment.

Policy on pension costs

The company does not operate a pension scheme.

2Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100