Registered Number SC422196
TRS DIRECT LIMITED
Abbreviated Accounts
30 April 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
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Current assets | |||
Stocks |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
( |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
The turnover represents net invoiced sales and services from the principal activities of the company. Turnover is accounted for at the time of processing, when the service is given or sale occurs.
Intangible assets amortisation policy
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.
Other accounting policies
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
£ | |
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Cost | |
At 1 May 2014 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 April 2015 |
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Amortisation | |
At 1 May 2014 |
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Charge for the year |
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On disposals |
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At 30 April 2015 |
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Net book values | |
At 30 April 2015 | 48,750 |
At 30 April 2014 | 55,250 |