Abbreviated Company Accounts - TURNKEY BUSINESS SOLUTIONS LTD

Abbreviated Company Accounts - TURNKEY BUSINESS SOLUTIONS LTD


Registered Number 04455783

TURNKEY BUSINESS SOLUTIONS LTD

Abbreviated Accounts

31 March 2015

TURNKEY BUSINESS SOLUTIONS LTD Registered Number 04455783

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 4,633 5,487
4,633 5,487
Current assets
Debtors 208,246 170,722
Cash at bank and in hand 9,757 24,135
218,003 194,857
Creditors: amounts falling due within one year (52,153) (43,785)
Net current assets (liabilities) 165,850 151,072
Total assets less current liabilities 170,483 156,559
Provisions for liabilities (927) (960)
Total net assets (liabilities) 169,556 155,599
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 169,456 155,499
Shareholders' funds 169,556 155,599
  • For the year ending 31 March 2015 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 31 July 2015

And signed on their behalf by:
S C Peck, Director

TURNKEY BUSINESS SOLUTIONS LTD Registered Number 04455783

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements 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 receivable for services providing corporate systems and analysis net of VAT.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment 25% Reducing balance

Other accounting policies
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

2Tangible fixed assets
£
Cost
At 1 April 2014 24,613
Additions 691
Disposals -
Revaluations -
Transfers -
At 31 March 2015 25,304
Depreciation
At 1 April 2014 19,126
Charge for the year 1,545
On disposals -
At 31 March 2015 20,671
Net book values
At 31 March 2015 4,633
At 31 March 2014 5,487
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
100 Ordinary shares of £1 each 100 100