Tienjin Limited,Ltd - AccountsLtd - Accounts

Tienjin Limited,Ltd - AccountsLtd - Accounts

TIENJIN LIMITED - Company Information

Print Friendly Version

2016-11-01 04556125 2017-10-31 04556125 2016-11-01 2017-10-31 04556125 2016-10-31 04556125 2015-11-01 2016-10-31 04556125 uk-core:WithinOneYear 2016-10-31 04556125 uk-core:WithinOneYear 2017-10-31 04556125 uk-core:ShareCapital 2017-10-31 04556125 uk-core:ShareCapital 2016-10-31 04556125 uk-core:RetainedEarningsAccumulatedLosses 2017-10-31 04556125 uk-core:RetainedEarningsAccumulatedLosses 2016-10-31 04556125 uk-bus:Director1 2016-11-01 2017-10-31 04556125 uk-core:PlantMachinery 2016-11-01 2017-10-31 iso4217:GBP 04556125 uk-bus:AuditExemptWithAccountantsReport 2016-11-01 2017-10-31 04556125 uk-bus:FRS102 2016-11-01 2017-10-31 04556125 uk-bus:FullAccounts 2016-11-01 2017-10-31 04556125 uk-bus:PrivateLimitedCompanyLtd 2016-11-01 2017-10-31
Tienjin Limited
Registered Number:04556125
For the year ended 31 October 2017
England and Wales
Unaudited Financial Statements
2
As at 31 October 2017
Tienjin Limited
Statement of Financial Position
Registered Number :
04556125
£
£
2016
2017
Notes
Fixed assets
Property, plant and equipment
1,026
3,966
2
1,026
3,966
Current assets
Trade and other receivables
18,664
20,974
3
8,056
Cash and cash equivalents
6,965
27,939
26,720
Trade and other payables: amounts falling due within one
year
(22,207)
(23,271)
4
4,513
4,668
Net current assets
Total assets less current liabilities
5,694
8,479
-
(793)
Provisions for liabilities
5,694
Net assets
7,686
Capital and reserves
Called up share capital
101
101
Retained earnings
5,593
7,585
5,694
7,686
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 October 2017 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
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.
Dr Timothy Dominique Benjamin Director
These financial statements were approved and authorised for issue by the Board on 25 July 2018 and were signed by:
The notes form part of these financial statements
1 of 3
3
For the year ended 31 October 2017
Tienjin Limited
Notes to the Financial Statements
Statutory Information
Tienjin Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
04556125.
Registered address:
East View House
Jumps Road
Todmorden
Lancashire
OL14 8HL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
33% Straight line
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
2. Property, plant and equipment
Plant and
Machinery
£
Cost or
valuation
At 01 November 2016
8,819
At 31 October 2017
8,819
Provision for depreciation and impairment
At 01 November 2016
4,853
Charge for year
2,940
At 31 October 2017
7,793
At 31 October 2017
Net book value
1,026
At 31 October 2016
3,966
2 of 3
4
For the year ended 31 October 2017
Tienjin Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2016
2017
£
£
Trade debtors
20,924
18,614
Other debtors
50
50
18,664
20,974
4. Trade and other payables: amounts falling due within one year
2016
2017
£
£
Trade creditors
22
22
Taxation and social security
8,142
3,766
Other creditors
15,107
18,419
23,271
22,207
5. Average number of persons employed
During the year the average number of employees was 2 (2016 : 2)
3 of 3