Company Registration No. 03213816 (England and Wales)
TECHNICAL SIMULATION CONSULTANTS LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2015
TECHNICAL SIMULATION CONSULTANTS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 JUNE 2015
30 June 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Intangible assets
1
1,915
2,154
Tangible assets
1
14,837
4,894
16,752
7,048
Current assets
Stocks
813,738
651,294
Debtors
215,340
143,831
Cash at bank and in hand
14,657
20,999
1,043,735
816,124
Creditors: amounts falling due within one year
(440,897)
(322,970)
Net current assets
602,838
493,154
Total assets less current liabilities
619,590
500,202
Creditors: amounts falling due after more than one year
(247,057)
(207,662)
Provisions for liabilities
(928)
371,605
292,540
Capital and reserves
Called up share capital
2
114,075
114,075
Other reserves
19,025
19,025
Profit and loss account
238,505
159,440
Shareholders' funds
371,605
292,540
TECHNICAL SIMULATION CONSULTANTS LIMITED
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
30 JUNE 2015
30 June 2015
- 2 -
For the financial year ended 30 June 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 29 February 2016
C M Bolton
Director
Company Registration No. 03213816
TECHNICAL SIMULATION CONSULTANTS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2015
1
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 July 2014
21,393
397,737
419,130
Additions
16,662
16,662
At 30 June 2015
21,393
414,399
435,792
Depreciation
At 1 July 2014
19,239
392,843
412,082
Charge for the year
239
6,719
6,958
At 30 June 2015
19,478
399,562
419,040
Net book value
At 30 June 2015
1,915
14,837
16,752
At 30 June 2014
2,154
4,894
7,048
2
Share capital
2015
2014
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100
113,975 Cumulative redeemable preference shares of £1 each
113,975
113,975
114,075
114,075
The cumulative redeemable preference shares carry a fixed coupon of 6% per annum and have the right to be converted into ordinary shares.
In the opinion of the directors, the cumulative redeemable preference shares are correctly stated as equity shares.