TEAM_CONSTRUCTION_LIMITED - Accounts

HUNTON BRIDGE SERVICES LIMITED - Company Information

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Company Registration No. 04159963 (England and Wales)

TEAM CONSTRUCTION LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2015

TEAM CONSTRUCTION LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

TEAM CONSTRUCTION LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

12,284

24,697

Current assets

Debtors

902,158

157,003

Cash at bank and in hand

1,034,612

2,367,895

1,936,770

2,524,898

Creditors: amounts falling due within one year

(1,745,486)

(2,232,521)

Net current assets

191,284

292,377

Total assets less current liabilities

203,568

317,074

Capital and reserves

Called up share capital

1,000

Profit and loss account

202,568

316,074

Shareholders' funds

203,568

317,074

For the financial year ended 30 April 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 27 January 2016

Mr A Moss

Director

Company Registration No. 04159963

TEAM CONSTRUCTION LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention.

1.2

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).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

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:

Land and buildings Leasehold

Plant and machinery

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 May 2014 & at 30 April 2015

194,037

Depreciation

At 1 May 2014

169,340

Charge for the year

12,413

At 30 April 2015

181,753

Net book value

At 30 April 2015

12,284

At 30 April 2014

24,697

Share capital

2015

2014

Allotted, called up and fully paid

1,000 Ordinary of £1 each

1,000