TB Property Consultant Limited Small abbreviated accounts

TB Property Consultant Limited Small abbreviated accounts

TB PROPERTY CONSULTANT LIMITED - Company Information

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FY Private Limited Company Company accounts 2017-01-30 2017-01-30 false true false false false false false false false false false false true true 2015-05-01 true xbrli:pure xbrli:shares iso4217:GBP 08018268 2015-05-01 2016-04-30 08018268 2016-04-30 08018268 2015-04-30 08018268 2015-04-30 08018268 uk-gaap:MotorVehicles 2015-05-01 2016-04-30 08018268 uk-gaap:OfficeEquipment 2015-05-01 2016-04-30 08018268 uk-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 08018268 uk-bus:Director1 2015-05-01 2016-04-30 08018268 uk-gaap:AllSubsidiaries 2015-05-01 2016-04-30 08018268 uk-bus:OrdinaryShareClass1 2016-04-30 08018268 uk-bus:OrdinaryShareClass1 2015-04-30 08018268 uk-lang:English 2015-05-01 2016-04-30 08018268 uk-curr:PoundSterling 2015-05-01 2016-04-30
Company Registration Number 08018268
TB Property Consultant Limited
Unaudited Abbreviated Accounts
30 April 2016
TB Property Consultant Limited
Abbreviated Balance Sheet
30 April 2016
2016
2015
Note
£
£
£
Fixed Assets
2
Tangible assets
4,164
8,328
-------
-------
Current Assets
Debtors
8,076
8,829
Creditors: Amounts Falling due Within One Year
3
( 12,197)
( 15,173)
--------
--------
Net Current Liabilities
( 4,121)
( 6,344)
-------
-------
Total Assets Less Current Liabilities
43
1,984
Creditors: Amounts Falling due after More than One Year
4
-
( 1,426)
----
-------
43
558
----
-------
Capital and Reserves
Called up equity share capital
6
2
2
Profit and loss account
41
556
----
----
Shareholders' Funds
43
558
----
----
For the year ended 30th April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.
These abbreviated accounts were approved and signed by the director and authorised for issue on 30 January 2017 .
A Bean Director
Company Registration Number: 08018268
TB Property Consultant Limited
Notes to the Abbreviated Accounts
Year Ended 30th April 2016
1. Accounting Policies
Basis of Accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year.
Fixed Assets
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
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 taxation is no longer provided in anticipation of the implementation of FRS 105.
2. Fixed Assets
Tangible Assets
£
Cost
At 1st May 2015 and 30th April 2016
20,820
--------
Depreciation
At 1st May 2015
12,492
Charge for year
4,164
--------
At 30th April 2016
16,656
--------
Net Book Value
At 30th April 2016
4,164
-------
At 30th April 2015
8,328
-------
3. Creditors: Amounts Falling due Within One Year
The following liabilities disclosed under creditors falling due within one year are secured by the company:
2016
2015
£
£
Hire purchase agreements
1,426
5,328
-------
-------
4. Creditors: Amounts Falling due after More than One Year
The following liabilities disclosed under creditors falling due after more than one year are secured by the company:
2016
2015
£
£
Hire purchase agreements
-
1,426
----
-------
5. Related Party Transactions
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 £ 4,201 (2014: £21). This loan has been provided interest free and has no formal repayment.
6. Share Capital
Allotted, called up and fully paid:
2016
2015
No.
£
No.
£
Ordinary shares of £ 1 each
2
2
2
2
----
----
----
----
During the period the company issued 2 Ordinary class A shares of £1 at par, to form the capital base of the company. All shares rank pari passu.