Micro-entity Accounts - TRADE WINDS CAPITAL LIMITED

TRADE WINDS CAPITAL LIMITED - Company Information

08729681 TRADE WINDS CAPITAL LIMITED 2018-03-31 false 2017-04-01 2018-03-31 true 08729681 2017-04-01 2018-03-31 08729681 2018-03-31 08729681 2017-03-31 08729681 uk-gaap-cd-bus:Director1 2017-04-01 2018-03-31 08729681 uk-gaap-cd-bus:Director2 2017-04-01 2018-03-31 08729681 uk-gaap-cd-bus:AllEntityOfficers 2017-04-01 2018-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2017-04-01 2018-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2018-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2017-03-31 iso4217:GBP shares

Registered Number 08729681

TRADE WINDS CAPITAL LIMITED

Micro-entity Accounts

31 March 2018

TRADE WINDS CAPITAL LIMITED Registered Number 08729681

Micro-entity Balance Sheet as at 31 March 2018

	Notes	2018	2017
		£	£
Fixed assets
Tangible assets	1	47	341
		47	341
Current assets
Debtors		176,591	9,204
Cash at bank and in hand		391,644	228,589
		568,235	237,793
Creditors: amounts falling due within one year		(80,885)	(6,622)
Net current assets (liabilities)		487,350	231,171
Total assets less current liabilities		487,397	231,512
Total net assets (liabilities)		487,397	231,512
Capital and reserves
Called up share capital	2	1	1
Profit and loss account		487,396	231,511
Shareholders' funds		487,397	231,512

For the year ending 31 March 2018 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 22 June 2018

And signed on their behalf by:
Mr Lorenzo Russo, Director

TRADE WINDS CAPITAL LIMITED Registered Number 08729681

Notes to the Micro-entity Accounts for the period ended 31 March 2018

1Tangible fixed assets

	£
Cost
At 1 April 2017	1,719
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2018	1,719
Depreciation
At 1 April 2017	1,378
Charge for the year	294
On disposals	-
At 31 March 2018	1,672
Net book values
At 31 March 2018	47
At 31 March 2017	341

2Called Up Share Capital
Allotted, called up and fully paid:

	2018 £	2017 £
1 Ordinary share of £1 each	1	1

3Accounting Policies

Basis of measurement and preparation of accounts
1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the C ompanies Act 2006.

Turnover policy
1.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Tangible assets depreciation policy
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings 25% on cost
C omputer Equipment 25% on cost

Other accounting policies
1.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.