Company Registration No. 9924043 (England and Wales)
Teeman Business Services Limited
Abbreviated unaudited accounts
for the period from 21 December 2015 to 31 December 2016
Teeman Business Services Limited
Abbreviated Balance Sheet
as at 31 December 2016
Cash at bank and in hand
15,759
Creditors: amounts falling due within one year
(8,376)
Total assets less current liabilities
9,768
Provisions for liabilities
(453)
Profit and loss account
9,314
Total shareholders' funds
9,315
For the period ending 31 December 2016 the company was entitled to exemption from audit 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 director acknowledges his 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 January 2015).
Approved by the board on 21 September 2017
M G Teeman
Director
Company Registration No. 9924043
Teeman Business Services Limited
Notes to the Abbreviated Accounts
for the period from 21 December 2015 to 31 December 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover represents the value of work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on cost
Computer equipment
33% on cost
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
Shares issued during the period:
1 Ordinary shares of £1 each
1
