Abbreviated Company Accounts - TBI CONSULTING LTD

TBI CONSULTING LTD - Company Information

Registered Number 06518579

TBI CONSULTING LTD

Abbreviated Accounts

31 March 2014

TBI CONSULTING LTD Registered Number 06518579

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	140,000	150,000
Tangible assets	3	1,575	385
		141,575	150,385
Current assets
Debtors		48,081	42,387
Cash at bank and in hand		32,303	15,625
		80,384	58,012
Creditors: amounts falling due within one year		(80,145)	(57,773)
Net current assets (liabilities)		239	239
Total assets less current liabilities		141,814	150,624
Creditors: amounts falling due after more than one year		(10,500)	(78,750)
Provisions for liabilities		(315)	(77)
Total net assets (liabilities)		130,999	71,797
Capital and reserves
Called up share capital		100	100
Profit and loss account		130,899	71,697
Shareholders' funds		130,999	71,797

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 14 August 2014

And signed on their behalf by:
Iryna Terlecky, Director

TBI CONSULTING LTD Registered Number 06518579

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.

2Intangible fixed assets

	£
Cost
At 1 April 2013	200,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	200,000
Amortisation
At 1 April 2013	50,000
Charge for the year	10,000
On disposals	-
At 31 March 2014	60,000
Net book values
At 31 March 2014	140,000
At 31 March 2013	150,000

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 20 years.

3Tangible fixed assets

	£
Cost
At 1 April 2013	1,983
Additions	1,966
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	3,949
Depreciation
At 1 April 2013	1,598
Charge for the year	776
On disposals	-
At 31 March 2014	2,374
Net book values
At 31 March 2014	1,575
At 31 March 2013	385

Tangible fixed assets are stated at cost less depreciation.
Depreciation is provided at the following annual rates in order to write off the cost less expected residual value of each asset over its estimated useful life:

Fixtures and equipment - 25% on cost