Company Registration No. 04565521 (England and Wales)
Tracktower Limited
Unaudited accounts
for the year ended 31 October 2017
Tracktower Limited
Unaudited accounts
Contents
Tracktower Limited
Company Information
for the year ended 31 October 2017
Company Number
04565521 (England and Wales)
Registered Office
55 Thornhill Square
London
N1 1BE
Tracktower Limited
Statement of financial position
as at 31 October 2017
Investments
2,749,297
2,971,312
Cash at bank and in hand
-
1
Creditors: amounts falling due within one year
(1,000)
(500)
Net current liabilities
(1,000)
(499)
Total assets less current liabilities
2,748,297
2,970,813
Creditors: amounts falling due after more than one year
(2,824,026)
(3,064,541)
Net liabilities
(75,729)
(93,728)
Called up share capital
1
1
Profit and loss account
(75,730)
(93,729)
Shareholders' funds
(75,729)
(93,728)
For the year ending 31 October 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 9 July 2018.
John Kinder
Director
Company Registration No. 04565521
Tracktower Limited
Notes to the Accounts
for the year ended 31 October 2017
Tracktower Limited is a private company, limited by shares, registered in England and Wales, registration number 04565521. The registered office is 55 Thornhill Square, London, N1 1BE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 October 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Investments
Other investments
Valuation at 1 November 2016
2,971,312
Valuation at 31 October 2017
2,749,297
5
Creditors: amounts falling due within one year
2017
2016
6
Creditors: amounts falling due after more than one year
2017
2016
Other creditors
2,824,026
3,064,541
7
Average number of employees
During the year the average number of employees was 0 (2016: 0).
