TBO Holdings Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08062989 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

TBO Holdings Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

K Norton

M Winniczuk

REGISTERED OFFICE:

The Glades

Festival Way

Stoke on Trent

Staffordshire

ST1 5SQ

REGISTERED NUMBER:

08062989 (England and Wales)

FIXED ASSETS

Investments

2

100

200

CURRENT ASSETS

Debtors

253,933

284,107

Cash at bank

6,543

2,030

260,476

286,137

CREDITORS

Amounts falling due within one year

13,446

59,085

NET CURRENT ASSETS

247,030

227,052

TOTAL ASSETS LESS CURRENT
LIABILITIES

247,130

227,252

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

247,030

227,152

SHAREHOLDERS' FUNDS

247,130

227,252

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company
as at the end of each financial year and of its profit or loss for each financial year in accordance with
the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 20 May 2016 and were signed on its
behalf by:

K Norton - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on the assumption that the company is able to carry

on business as a going concern, which the directors consider appropriate having regard to the

company's current and expected performance.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Preparation of consolidated financial statements

The financial statements contain information about TBO Holdings Limited as an individual company

and do not contain consolidated financial information as the parent of a group. The company has

taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial

statements.

Turnover

Turnover is stated net of VAT and trade discounts. Turnover from the supply of services represents

the value of services provided under contracts, to the extent that there is a right to consideration,

and is recorded at the value of the consideration due. Where a contract has only been partially

completed at the balance sheet date turnover represents the value of the service provided to date

based on a proportion of the total contract value.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2015

200

Disposals

(100

)

At 31 March 2016

100

NET BOOK VALUE

At 31 March 2016

100

At 31 March 2015

200

The company's investments at the Balance Sheet date in the share capital of companies include the

following:

TBO Services Limited

Nature of business: Commercial insurance broking.

%

Class of shares:

holding

Ordinary

100.00

2016

2015

£

Aggregate capital and reserves

963,707

2,408,508

(Loss)/profit for the year

(1,444,801

)

325,772

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100