TCA 2027 Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 04450353 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2017

FOR

TCA 2027 LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Heidi Aghnami

REGISTERED OFFICE:

5 Woodland Terrace

Twyford Avenue

London

England

N2 9NF

REGISTERED NUMBER:

04450353 (England and Wales)

FIXED ASSETS

Tangible assets

4

2,569

1,033

CURRENT ASSETS

Debtors

5

-

55,300

Cash at bank

253,191

65,726

253,191

121,026

CREDITORS

Amounts falling due within one year

6

62,190

22,847

NET CURRENT ASSETS

191,001

98,179

TOTAL ASSETS LESS CURRENT LIABILITIES

193,570

99,212

PROVISIONS FOR LIABILITIES

7

514

207

NET ASSETS

193,056

99,005

CAPITAL AND RESERVES

Called up share capital

8

10

10

Retained earnings

9

193,046

98,995

SHAREHOLDERS' FUNDS

193,056

99,005

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 31 August 2017 and were signed by:

Heidi Aghnami - Director

1.	STATUTORY INFORMATION

TCA 2027 Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The preparation of financial statements in conformity with FRS 102 Section 1A requires the use of certain

critical accounting estimates. It also requires management to exercise judgement in applying the company's

accounting policies.

Information on the impact of first-time adoption of FRS 102 Section 1A is given in note 15. The following

principal accounting policies have been applied:

Turnover

Turnover represents the fees received and receivable.

Depreciation

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 cost

Computer equipment

-

25% on cost

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

Deferred tax

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment

of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Cost

At 1 June 2016

684

6,392

7,076

Additions

-

2,215

2,215

At 31 May 2017

684

8,607

9,291

Depreciation

At 1 June 2016

684

5,359

6,043

Charge for year

-

679

679

At 31 May 2017

684

6,038

6,722

Net book value

At 31 May 2017

-

2,569

2,569

At 31 May 2016

-

1,033

1,033

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.17

31.5.16

£

£

Trade debtors

-

55,300

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.17

31.5.16

£

£

Taxation and social security

45,771

19,549

Other creditors

16,419

3,298

62,190

22,847

7.	PROVISIONS FOR LIABILITIES

31.5.17

31.5.16

£

£

Deferred tax

514

207

Deferred

tax

£

Balance at 1 June 2016

207

Provided during year

307

Balance at 31 May 2017

514

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.17

31.5.16

value:

£

£

100

Ordinary

£0.10

10

10

9.

RESERVES

Retained

earnings

£

At 1 June 2016

98,995

Profit for the year

113,051

Dividends

(19,000

)

At 31 May 2017

193,046

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £19,000 (2016 - £20,000) were paid to the director .

As at balance sheet, there is an amount due to director, Heidi Aghnami of £15,405 (2016: £3,298).This is an

interest free advance to the company and does not have a fixed date of repayment.

11.	CONTROLLING PARTY

The controlling party is Heidi Aghnami.

12.	FIRST YEAR ADOPTION

This was the first year that the company has presented its results under FRS 102 Section 1A. The last financial

statements under FRSSE 2015 were for the year ended 31 May 2016. The date of transition to FRS 102 Section

1A was 1 June 2016.

There is no impact on either the Profit and Loss account or the net assets of the company upon the transition to

FRS 102 Section 1A.