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TYCO PRODUCTS LTD




Company Registration Number:
03417809 (England and Wales)



Report of the Directors and Unaudited Financial Statements



Period of accounts


Start date: 01st April 2009

End date: 31st March 2010

SUBMITTED

TYCO PRODUCTS LTD

Contents of the Financial Statements
for the Period Ended
31st March 2010

Company Information
Report of the Directors
Profit and Loss Account
Balance sheet
Notes to the Financial Statements

TYCO PRODUCTS LTD

Company Information
for the Period Ended
31st March 2010




Director: O K Vasudev
Company secretary: S K Vasudev
Registered office: 2 Clements Close
Spencers Wood
Reading
Berkshire
RG7 1HJ
Company Registration Number: 03417809 (England and Wales)

TYCO PRODUCTS LTD

Directors’ Report Period Ended 31st March 2010

The directors present their report with the financial statements of the company for the period ended 31st March 2010

Principal activities
The principal activity of the company in the period under review was:
sales of parts and equipment to the electronics and telecoms trade

Directors
The directors shown below have held office during the whole of the period from
01st April 2009 to 31st March 2010
O K Vasudev

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on 21 October 2010
And Signed On Behalf Of The Board By:

Name: O K Vasudev
Status: Director

TYCO PRODUCTS LTD

Profit and Loss Account

for the Period Ended 31st March 2010

Notes 2010
£
2009
£
Turnover: 24,694 61,365
Cost of sales: 11,630 29,706
Gross profit or (loss): 13,064 31,659
Administrative expenses: , 40,704 55,658
Operating profit or (loss): ( 27,640 ) ( 23,999 )
Interest receivable and similar income: 591 5,048
Profit or (loss) on ordinary activities before taxation: ( 27,049 ) ( 18,951 )
Profit or (loss) for the financial year: ( 27,049 ) ( 18,951 )

The notes form part of these financial statements

TYCO PRODUCTS LTD

Statement of total recognised gains and losses
31st March 2010

Statement of total recognised gains and losses

The company does not have any gains and losses other than Profit and Loss for the period to report.

TYCO PRODUCTS LTD

Balance sheet
As at 31st March 2010

Notes 2010
£
2009
£
Fixed assets
Tangible assets: 2 579 772
Total fixed assets: 579 772
Current assets
Stocks: 8,136 3,200
Debtors: 968 6,860
Cash at bank and in hand: 89,185 114,772
Total current assets: 98,289 124,832
Creditors
Creditors: amounts falling due within one year 14,869 14,556
Net current assets (liabilities): 83,420 110,276
Total assets less current liabilities: 83,999 111,048
Total net assets (liabilities): 83,999 111,048

The notes form part of these financial statements

TYCO PRODUCTS LTD

Balance sheet
As at 31st March 2010
continued

Notes 2010
£
2009
£
Capital and reserves
Called up share capital: 3 100 100
Profit and Loss account: 4 83,899 110,948
Total shareholders funds: 83,999 111,048

For the year ending 31 March 2010 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 21 October 2010

SIGNED ON BEHALF OF THE BOARD BY:

Name: O K Vasudev
Status: Director

The notes form part of these financial statements

TYCO PRODUCTS LTD

Notes to the Financial Statements
for the Period Ended
31st March 2010

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities

    Turnover policy

    The turnover shown in the profit and loss account represents amounts invoiced during the year.

    Tangible fixed assets depreciation policy

    All fixed assets are initially recorded at cost. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows: Plant & Machinery 25% on Reducing Balance Equipment

  • 2. Tangible assets

    Land and buildings Plant Machinery Fixtures and fittings Office Equipment Motor vehicles Total
    Cost £ £ £ £ £ £
    At 01st April 2009: - 4,736 - - - 4,736
    At 31st March 2010: - 4,736 - - - 4,736
    Depreciation
    At 01st April 2009: - 3,964 - - - 3,964
    Charge for year: - 193 - - - 193
    At 31st March 2010: - 4,157 - - - 4,157
    Net book value
    At 31st March 2010: - 579 - - - 579
    At 31st March 2009: - 772 - - - 772

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period 2009
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1 100
    Total share capital: 100
    Current period 2010
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1 100
    Total share capital: 100
  • 4. Profit and loss account

    2010 2009
    £ £
    At 01st April 2008: 110,948 129,899
    Profit or (loss) for the period: ( 27,049 ) ( 18,951 )
    Equity dividends paid: 0 0
    Retained profit at 31st March 2010: 83,899 110,948