Abbreviated Company Accounts - TELESPEAK LIMITED

05873846 TELESPEAK LIMITED 2014-07-31 false 2013-08-01 2014-07-31 true 05873846 2013-08-01 2014-07-31 05873846 2014-07-31 05873846 2013-07-31 05873846 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 05873846 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 iso4217:GBP shares

Registered Number 05873846

TELESPEAK LIMITED

Abbreviated Accounts

31 July 2014

TELESPEAK LIMITED Registered Number 05873846

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	11,883	12,929
		11,883	12,929
Current assets
Debtors		11,713	22,958
Cash at bank and in hand		10,740	32,504
		22,453	55,462
Creditors: amounts falling due within one year		(32,752)	(36,796)
Net current assets (liabilities)		(10,299)	18,666
Total assets less current liabilities		1,584	31,595
Total net assets (liabilities)		1,584	31,595
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		1,484	31,495
Shareholders' funds		1,584	31,595

For the year ending 31 July 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 19 January 2015

And signed on their behalf by:
Mr D Duffett, Director

TELESPEAK LIMITED Registered Number 05873846

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

1Accounting Policies

Basis of measurement and preparation of accounts
Accounting convention
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

2Tangible fixed assets

	£
Cost
At 1 August 2013	35,680
Additions	3,037
Disposals	(875)
Revaluations	-
Transfers	-
At 31 July 2014	37,842
Depreciation
At 1 August 2013	22,751
Charge for the year	3,714
On disposals	(506)
At 31 July 2014	25,959
Net book values
At 31 July 2014	11,883
At 31 July 2013	12,929

Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful economic life, as follows:-

Computer equipment - 25% reducing balance
Fixtures, fittings and equipment - 25% reducing balance
Motor vehicles - 25% reducing balance

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100