Abbreviated Company Accounts - TB PROPERTY CONSULTANT LIMITED

TB PROPERTY CONSULTANT LIMITED - Company Information

08018268 TB PROPERTY CONSULTANT LIMITED 2014-04-30 false 2013-05-01 2014-04-30 true 08018268 2013-05-01 2014-04-30 08018268 2014-04-30 08018268 2013-04-30 08018268 uk-gaap-cd-bus:Director1 2013-05-01 2014-04-30 08018268 uk-gaap-cd-bus:Director2 2013-05-01 2014-04-30 uk-gaap-cd-bus:Director3 2013-05-01 2014-04-30 uk-gaap-cd-bus:Director3 2014-04-30 uk-gaap-cd-bus:Director3 2013-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 iso4217:GBP shares

Registered Number 08018268

TB PROPERTY CONSULTANT LIMITED

Abbreviated Accounts

30 April 2014

TB PROPERTY CONSULTANT LIMITED Registered Number 08018268

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	12,492	16,656
		12,492	16,656
Current assets
Debtors		4,666	511
Cash at bank and in hand		13,004	7,194
		17,670	7,705
Creditors: amounts falling due within one year	3	(19,946)	(9,233)
Net current assets (liabilities)		(2,276)	(1,528)
Total assets less current liabilities		10,216	15,128
Creditors: amounts falling due after more than one year	3	(7,358)	(11,477)
Provisions for liabilities		(2,498)	(3,331)
Total net assets (liabilities)		360	320
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		358	318
Shareholders' funds		360	320

For the year ending 30 April 2014 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.

Approved by the Board on 30 January 2015

And signed on their behalf by:
A Bean, Director

TB PROPERTY CONSULTANT LIMITED Registered Number 08018268

Notes to the Abbreviated Accounts for the period ended 30 April 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

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

Tangible assets depreciation policy
All fixed assets are initially recorded at cost.

Depreciation
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:

Motor Vehicles - 20% Straight line per annum
Equipment - 20% Straight line per annum

Valuation information and policy
Hire Purchase Agreements
Assets held under finance leases, which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts, are capitalised in the balance sheet and are depreciated over their useful lives. The capital elements of future obligations under the leases and hire purchase contracts are included as liabilities in the balance sheet.

The interest elements of the rental obligations are charged in the profit and loss account over the periods of the leases and hire purchase contracts and represent a constant proportion of the balance of capital repayments outstanding.

Deferred Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

2Tangible fixed assets

	£
Cost
At 1 May 2013	20,820
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	20,820
Depreciation
At 1 May 2013	4,164
Charge for the year	4,164
On disposals	-
At 30 April 2014	8,328
Net book values
At 30 April 2014	12,492
At 30 April 2013	16,656

3Creditors

	2014 £	2013 £
Secured Debts	11,477	15,596

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2

5Transactions with directors

Name of director receiving advance or credit:	A Bean
Description of the transaction:	Loan to company
Balance at 1 May 2013:	£ 1,107
Advances or credits made:	£ 2,379
Advances or credits repaid:	-
Balance at 30 April 2014:	£ 3,486

The company was under the control of A Bean throughout the current year. A Bean is the managing director and majority shareholder.

During the year A Bean provided the company with a loan, balance outstanding at the end of the year £3,486 (2013: £1,107). This loan has been provided interest free and has no formal repayment.