Micro-entity Accounts - TRANSATLANTIC TRADING COMPANY LTD

Micro-entity Accounts - TRANSATLANTIC TRADING COMPANY LTD

TRANSATLANTIC TRADING COMPANY LTD - Company Information

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Registered Number 10175584

TRANSATLANTIC TRADING COMPANY LTD

Micro-entity Accounts

30 June 2017

TRANSATLANTIC TRADING COMPANY LTD Registered Number 10175584

Micro-entity Balance Sheet as at 30 June 2017

Notes 2017
£
Current assets
Stocks 64,000
Debtors 3,332
Cash at bank and in hand 9,625
76,957
Creditors: amounts falling due within one year (21,176)
Net current assets (liabilities) 55,781
Total assets less current liabilities 55,781
Total net assets (liabilities) 55,781
Capital and reserves
Profit and loss account 55,781
Shareholders' funds 55,781
  • For the year ending 30 June 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 15 December 2017

And signed on their behalf by:
Mr Robert Aldridge, Director

TRANSATLANTIC TRADING COMPANY LTD Registered Number 10175584

Notes to the Micro-entity Accounts for the period ended 30 June 2017

1Accounting Policies

Turnover policy
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity and the cost incurred or to be incurred in respect of the transactions can be measured reliably.