ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

TECHPULSE GROUP LIMITED - Company Information

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Caseware UK (AP4) 2016.0.181 2016.0.181 2017-03-312017-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsefalseNo description of principal activityfalse2016-08-12 10328096 2016-08-11 10328096 2016-08-12 2017-03-31 10328096 2017-03-31 10328096 c:Director4 2016-08-12 2017-03-31 10328096 d:CurrentFinancialInstruments 2017-03-31 10328096 d:Non-currentFinancialInstruments 2017-03-31 10328096 d:CurrentFinancialInstruments d:WithinOneYear 2017-03-31 10328096 d:ShareCapital 2017-03-31 10328096 c:FRS102 2016-08-12 2017-03-31 10328096 c:AuditExempt-NoAccountantsReport 2016-08-12 2017-03-31 10328096 c:FullAccounts 2016-08-12 2017-03-31 10328096 c:PrivateLimitedCompanyLtd 2016-08-12 2017-03-31 iso4217:GBP xbrli:pure

Registered number: 10328096










TECHPULSE GROUP LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2017
 
TECHPULSE GROUP LIMITED
REGISTERED NUMBER: 10328096

BALANCE SHEET
AS AT 31 MARCH 2017

2017
Note
£

Fixed assets
  

Investments
 4 
7,898

  
7,898

Current assets
  

Debtors: amounts falling due within one year
 5 
58

  
58

Creditors: amounts falling due within one year
  
(7,856)

Net current (liabilities)/assets
  
 
 
(7,798)

Total assets less current liabilities
  
100

  

Net assets
  
100


Capital and reserves
  

Called up share capital 
  
100

  
100


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of 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 financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 December 2017.



S Kirby
Director
The notes on pages 2 to 3 form part of these financial statements.

Page 1
 
TECHPULSE GROUP LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2017

1.


General information

Techpulse Group Limited is a limited liability company incorporated in England and Wales. Its registered office is Mill House, Overbridge Square, Hambridge Lane, Newbury, RG14 5UX and its principal place of business is Unit 13, Thatcham Business Village, Colthrop Way, Thatcham, RG19 4LW.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

 
2.5

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.


3.


Employees

The average monthly number of employees, including directors, during the period was 7.

Page 2
 
TECHPULSE GROUP LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2017

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


Additions
7,898



At 31 March 2017

7,898






Net book value



At 31 March 2017
7,898


5.


Debtors

2017
£


Other debtors
58

58



6.


Creditors: Amounts falling due within one year

2017
£

Amounts owed to group undertakings
7,856

7,856


Page 3