Company Registration No. 07628163 (England and Wales)
TRANSVELD LIMITED
Unaudited accounts
for the year ended 31 May 2019
TRANSVELD LIMITED
Unaudited accounts
Contents
TRANSVELD LIMITED
Company Information
for the year ended 31 May 2019
Company Number
07628163 (England and Wales)
Accountants
Faithcor Accounting & Financial Services Ltd
Derwent House
42-46 Waterloo road
Wolverhampton
West Midlands
WV1 4XB
TRANSVELD LIMITED
Statement of financial position
as at
31 May 2019
Cash at bank and in hand
(13,194)
44
Creditors: amounts falling due within one year
(24,617)
(21,958)
Net current (liabilities)/assets
(8,190)
567
Net (liabilities)/assets
(7,713)
1,149
Called up share capital
100
100
Profit and loss account
(7,813)
1,049
Shareholders' funds
(7,713)
1,149
For the year ending 31 May 2019 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 28 February 2020.
Simon Samasuwo
Director
Company Registration No. 07628163
TRANSVELD LIMITED
Notes to the Accounts
for the year ended 31 May 2019
TRANSVELD LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07628163.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings
Cost or valuation
At cost
Trade debtors
29,621
22,481
TRANSVELD LIMITED
Notes to the Accounts
for the year ended 31 May 2019
6
Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
24,617
20,310
Taxes and social security
-
1,648
7
Share capital
2019
2018
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 0 (2018: 0).