Tranex Holdings Limited - Accounts to registrar (filleted) - small 17.3

Tranex Holdings Limited - Accounts to registrar (filleted) - small 17.3

TRANEX HOLDINGS LIMITED - Company Information

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REGISTERED NUMBER: 05938396 (England and Wales)










TRANEX HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2017





TRANEX HOLDINGS LIMITED (REGISTERED NUMBER: 05938396)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRANEX HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2017







DIRECTOR: MF Wileman





SECRETARY: HJ Wileman





REGISTERED OFFICE: 29 High Street
Rothwell
Kettering
Northamptonshire
NN14 6AD





REGISTERED NUMBER: 05938396 (England and Wales)
Page 1
TRANEX HOLDINGS LIMITED (REGISTERED NUMBER: 05938396)

BALANCE SHEET
31ST DECEMBER 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 144,496 145,002
Investments 6 585 585
145,081 145,587

CURRENT ASSETS
Debtors 7 205,538 174,869
Cash at bank 477,388 436,923
682,926 611,792
CREDITORS
Amounts falling due within one year 8 29,251 24,215
NET CURRENT ASSETS 653,675 587,577
TOTAL ASSETS LESS CURRENT
LIABILITIES
798,756
733,164

CAPITAL AND RESERVES
Called up share capital 485 485
Retained earnings 798,271 732,679
SHAREHOLDERS' FUNDS 798,756 733,164

The notes form part of these financial statements

Page 2 continued...
TRANEX HOLDINGS LIMITED (REGISTERED NUMBER: 05938396)

BALANCE SHEET - continued
31ST DECEMBER 2017


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

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

The director acknowledges his 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 27th February 2018 and were signed by:





MF Wileman - Director


The notes form part of these financial statements

Page 3
TRANEX HOLDINGS LIMITED (REGISTERED NUMBER: 05938396)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2017


1. STATUTORY INFORMATION

Tranex Holdings 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Tranex Holdings Limited as an individual company
and do not contain consolidated financial information as the parent of a group. The company is exempt
under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated
financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102
'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related
party transactions with its subsidiaries.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 15% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
The company is party to only the basic financial instruments such as cash, trade debtors and creditors
and loans. Instruments such as trade debtors and trade creditors are initially recognised at their
transaction cost and reviewed at the year end for impairment. Debt instruments not repayable on
demand or due within one year, such as bank loans, are measured at amortised cost using the
effective interest rate.


Page 4 continued...
TRANEX HOLDINGS LIMITED (REGISTERED NUMBER: 05938396)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2017


3. ACCOUNTING POLICIES - continued
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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st January 2017
and 31st December 2017 150,000 696 150,696
DEPRECIATION
At 1st January 2017 5,041 653 5,694
Charge for year 500 6 506
At 31st December 2017 5,541 659 6,200
NET BOOK VALUE
At 31st December 2017 144,459 37 144,496
At 31st December 2016 144,959 43 145,002

Page 5 continued...
TRANEX HOLDINGS LIMITED (REGISTERED NUMBER: 05938396)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2017


6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st January 2017
and 31st December 2017 585
NET BOOK VALUE
At 31st December 2017 585
At 31st December 2016 585

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Amounts owed by group undertakings 205,538 174,869

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 122 -
Taxation and social security 27,645 22,566
Other creditors 1,484 1,649
29,251 24,215

9. RELATED PARTY DISCLOSURES

All material related party transactions with owners holding a participating interest, companies in which
the entity has a participating interest and directors were all concluded under normal market conditions.

Page 6