Abbreviated Company Accounts - TEENDRIVE LIMITED

06996537 TEENDRIVE LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 06996537 2013-04-01 2014-03-31 06996537 2014-03-31 06996537 2013-03-31 06996537 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 06996537 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 06996537

TEENDRIVE LIMITED

Abbreviated Accounts

31 March 2014

TEENDRIVE LIMITED Registered Number 06996537

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	250	12,433
		250	12,433
Current assets
Cash at bank and in hand		460	1,625
		460	1,625
Prepayments and accrued income		100	-
Creditors: amounts falling due within one year		(3,948)	(7,551)
Net current assets (liabilities)		(3,388)	(5,926)
Total assets less current liabilities		(3,138)	6,507
Creditors: amounts falling due after more than one year		-	(5,467)
Provisions for liabilities		-	(143)
Accruals and deferred income		(750)	(820)
Total net assets (liabilities)		(3,888)	77
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(3,889)	76
Shareholders' funds		(3,888)	77

For the year ending 31 March 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 23 December 2014

And signed on their behalf by:
Craig Ramshaw, Director

TEENDRIVE LIMITED Registered Number 06996537

Notes to the Abbreviated Accounts for the period ended 31 March 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
Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate

Fixtures and fittings 20% Reducing balance basis
Motor vehicles 25% Reducing balance basis

Other accounting policies
Going concern

The financial statements have been prepared on a going concern basis. The company's ability to trade, however, is dependent upon the continued support of the director and other creditors. The director is confident that their support will not be withdrawn.

2Tangible fixed assets

	£
Cost
At 1 April 2013	20,829
Additions	-
Disposals	(20,154)
Revaluations	-
Transfers	-
At 31 March 2014	675
Depreciation
At 1 April 2013	8,396
Charge for the year	3,093
On disposals	(11,064)
At 31 March 2014	425
Net book values
At 31 March 2014	250
At 31 March 2013	12,433

3Called Up Share Capital
Allotted, called up and fully paid:

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