Registration number:
Unaudited Abbreviated Accounts
for the Period from
Torch Apparel Ltd
(Registration number: 07731156)
Abbreviated Balance Sheet at 31 December 2016
Note |
31 December 2016
|
31 August 2015
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Fixed assets |
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Tangible fixed assets |
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Investments |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
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Share premium account |
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Profit and loss account |
( |
( |
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Shareholders' deficit |
( |
( |
1
Torch Apparel Ltd
(Registration number: 07731156)
Abbreviated Balance Sheet at 31 December 2016
......... continued
Approved by the director on
H R Roper
Director
2
Torch Apparel Ltd
Notes to the Abbreviated Accounts for the Period from 1 September 2015 to 31 December 2016
......... continued
Accounting policies |
Basis of preparation
Going concern
There were net current liabilities at the balance sheet date. These financial statements have been prepared on a going concern basis which is dependant upon the continued support of the directors.
Turnover
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Office equipment |
|
Research and development
Fixed asset investments
Stock
Foreign currency
Financial instruments
Torch Apparel Ltd
Notes to the Abbreviated Accounts for the Period from 1 September 2015 to 31 December 2016
......... continued
Fixed assets |
Tangible assets
|
Investments
|
Total
|
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Cost |
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At 1 September 2015 |
999 |
64,272 |
65,271 |
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Disposals |
- |
(12,448) |
(12,448) |
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At 31 December 2016 |
999 |
51,824 |
52,823 |
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Depreciation |
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At 1 September 2015 |
56 |
- |
56 |
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Charge for the period |
444 |
- |
444 |
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At 31 December 2016 |
500 |
- |
500 |
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Net book value |
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At 31 December 2016 |
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At 31 August 2015 |
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Share capital |
Allotted, called up and fully paid shares
31 December 2016 |
31 August 2015 |
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No. |
£ |
No. |
£ |
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