Company Registration No. 12461019 (England and Wales)
The Refurb Team Limited
Unaudited accounts
for the year ended 28 February 2021
The Refurb Team Limited
Unaudited accounts
Contents
The Refurb Team Limited
Company Information
for the year ended 28 February 2021
Directors
Jamie Tatler
Ben John Skillen
Company Number
12461019 (England and Wales)
Registered Office
BLUE SKY ACCOUNTANTS LIMITED SUITE 26
6 - 8 REVENGE ROAD
CHATHAM
ME5 8UD
ENGLAND
Accountants
Blue Sky Accountants Limited
Suite 2038
6 - 8 Revenge Road
Chatham
Kent
ME5 8UD
The Refurb Team Limited
Statement of financial position
as at 28 February 2021
Cash at bank and in hand
47,461
Creditors: amounts falling due within one year
(52,323)
Net current assets
115,328
Total assets less current liabilities
117,480
Creditors: amounts falling due after more than one year
(50,000)
Profit and loss account
67,480
Shareholders' funds
67,480
For the year ending 28 February 2021 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 November 2021 and were signed on its behalf by
Jamie Tatler
Director
Company Registration No. 12461019
The Refurb Team Limited
Notes to the Accounts
for the year ended 28 February 2021
The Refurb Team Limited is a private company, limited by shares, registered in England and Wales, registration number 12461019. The registered office is BLUE SKY ACCOUNTANTS LIMITED SUITE 26, 6 - 8 REVENGE ROAD, CHATHAM, ME5 8UD, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Computer equipment
5
Debtors: amounts falling due within one year
2021
The Refurb Team Limited
Notes to the Accounts
for the year ended 28 February 2021
6
Creditors: amounts falling due within one year
2021
Taxes and social security
18,474
Loans from directors
4,490
7
Creditors: amounts falling due after more than one year
2021
8
Average number of employees
During the year the average number of employees was 0.