T.S. 2 Limited - Accounts to registrar - small 17.2

T.S. 2 Limited - Accounts to registrar - small 17.2

T.S. 2 LIMITED - Company Information

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REGISTERED NUMBER: 02602500 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 December 2016

for

T.S. 2 LIMITED

T.S. 2 LIMITED (REGISTERED NUMBER: 02602500)

Contents of the Financial Statements
for the year ended 31 December 2016










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


T.S. 2 LIMITED

Company Information
for the year ended 31 December 2016







DIRECTORS: Mrs M S Pearce
Mr R A Pearce





SECRETARY: Mrs M S Pearce





REGISTERED OFFICE: Roselea House
Pencoed Lane
Llanmartin
Newport
Gwent
NP18 2ED





REGISTERED NUMBER: 02602500 (England and Wales)





ACCOUNTANTS: KTS OWENS THOMAS LIMITED
Chartered Accountants and Business Advisers
The Counting House
Celtic Gateway
Dunleavy Drive
Cardiff
CF11 0SN
Page 1
T.S. 2 LIMITED (REGISTERED NUMBER: 02602500)

Balance Sheet
31 December 2016

2016 2015
Notes £    £   
CURRENT ASSETS
Debtors 3 1,062 1,062

CREDITORS
Amounts falling due within one year 4 (543 ) (543 )
NET CURRENT ASSETS 519 519
TOTAL ASSETS LESS CURRENT
LIABILITIES
519
519

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 517 517
SHAREHOLDERS' FUNDS 519 519

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these financial statements

Page 2 continued...
T.S. 2 LIMITED (REGISTERED NUMBER: 02602500)

Balance Sheet - continued
31 December 2016


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 Board of Directors on 14 September 2017 and were signed on its
behalf by:





Mr R A Pearce - Director


The notes form part of these financial statements

Page 3
T.S. 2 LIMITED (REGISTERED NUMBER: 02602500)

Notes to the Financial Statements
for the year ended 31 December 2016


1. STATUTORY INFORMATION

T.S. 2 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.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except
to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws
that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal
of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that
they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Amounts owed by participating interests 1,060 1,060
Other debtors 2 2
1,062 1,062

Page 4 continued...
T.S. 2 LIMITED (REGISTERED NUMBER: 02602500)

Notes to the Financial Statements - continued
for the year ended 31 December 2016


4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Taxation and social security 93 93
Other creditors 450 450
543 543

5. RELATED PARTY DISCLOSURES

Included in debtors is an amount of £1,060 (2015 : £1,060) owed to the company by Filtration and Separation
Limited.

Mr R Pearce and Mrs M Pearce are directors and shareholders of Filtration and Separation Limited.

6. FIRST YEAR ADOPTION

This is the first year that the company has presented its results under FRS 102. The last financial statements
under UK GAAP were for the year ended 31 December 2015. The date of transition was 1 January 2015.

There are no material changes to the basis of preparation of the accounts arising on transition to FRS 102.


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