Abbreviated Company Accounts - TSL DIGITAL LIMITED

Abbreviated Company Accounts - TSL DIGITAL LIMITED

TSL DIGITAL LIMITED - Company Information

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Registered Number 06492666

TSL DIGITAL LIMITED

Abbreviated Accounts

31 March 2014

TSL DIGITAL LIMITED Registered Number 06492666

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 38,631 26,284
38,631 26,284
Current assets
Debtors 777,586 608,032
Cash at bank and in hand 140,825 96,170
918,411 704,202
Creditors: amounts falling due within one year (440,682) (350,008)
Net current assets (liabilities) 477,729 354,194
Total assets less current liabilities 516,360 380,478
Total net assets (liabilities) 516,360 380,478
Capital and reserves
Called up share capital 102 102
Profit and loss account 516,258 380,376
Shareholders' funds 516,360 380,478
  • For the year ending 31 March 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 9 December 2014

And signed on their behalf by:
S F Turnsek, Director

TSL DIGITAL LIMITED Registered Number 06492666

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements 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 represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life.

2Tangible fixed assets
£
Cost
At 1 April 2013 50,110
Additions 25,231
Disposals -
Revaluations -
Transfers -
At 31 March 2014 75,341
Depreciation
At 1 April 2013 23,826
Charge for the year 12,884
On disposals -
At 31 March 2014 36,710
Net book values
At 31 March 2014 38,631
At 31 March 2013 26,284