Abbreviated Company Accounts - TURNEROUND HR SERVICES LTD

Abbreviated Company Accounts - TURNEROUND HR SERVICES LTD


Registered Number 06542263

TURNEROUND HR SERVICES LTD

Abbreviated Accounts

31 March 2015

TURNEROUND HR SERVICES LTD Registered Number 06542263

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 919 1,225
919 1,225
Current assets
Debtors 2,492 3,766
Cash at bank and in hand 3,110 1,214
5,602 4,980
Net current assets (liabilities) 5,602 4,980
Total assets less current liabilities 6,521 6,205
Creditors: amounts falling due after more than one year (16,827) (21,605)
Total net assets (liabilities) (10,306) (15,400)
Capital and reserves
Called up share capital 1 1
Profit and loss account (10,307) (15,401)
Shareholders' funds (10,306) (15,400)
  • 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 27 January 2016

And signed on their behalf by:
K Turner, Director

TURNEROUND HR SERVICES LTD Registered Number 06542263

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

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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Office equipment 25% reducing balance

Other accounting policies
Going concern
The accounts have been prepared on the going concern basis the validaty of which depends on the continued support of the company's director and shareholder.

2Tangible fixed assets
£
Cost
At 1 April 2014 3,303
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 3,303
Depreciation
At 1 April 2014 2,078
Charge for the year 306
On disposals -
At 31 March 2015 2,384
Net book values
At 31 March 2015 919
At 31 March 2014 1,225

3Transactions with directors

Name of director receiving advance or credit: K Turner
Description of the transaction: Loan to company
Balance at 1 April 2014: £ 21,241
Advances or credits made: £ 1,050
Advances or credits repaid: £ 5,828
Balance at 31 March 2015: £ 16,463