The Teambuilding Company Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 02847415 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

THE TEAMBUILDING COMPANY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

REGISTERED OFFICE:

Beggars Roost

Bakers Lane

Langford

Bristol

BS40 5HT

REGISTERED NUMBER:

02847415 (England and Wales)

ACCOUNTANTS:

Mendip Vale Accountants Limited

40 Woodborough Road

Winscombe

Somerset

BS25 1AG

FIXED ASSETS

Tangible assets

2

21,163

22,774

CURRENT ASSETS

Debtors

19,040

21,352

Cash at bank

5,722

6,074

24,762

27,426

CREDITORS

Amounts falling due within one year

66,272

66,776

NET CURRENT LIABILITIES

(41,510

)

(39,350

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(20,347

)

(16,576

)

CREDITORS

Amounts falling due after more than one year

30

-

NET LIABILITIES

(20,377

)

(16,576

)

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

(20,379

)

(16,578

)

SHAREHOLDERS' FUNDS

(20,377

)

(16,576

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges

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 14 September 2014 and were signed by:

Mrs F M Herbert - Director

1.	ACCOUNTING POLICIES

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 April 2008).

The company made a loss before tax of £3,801 for the period ended 31 December 2013 (£18,516 loss

for the period ended 31 December 2012) and on the 31 December 2013 the company had a balance

sheet deficit of £20,377 (31 December 2012 - £16,576).

Turnover

Turnover is the amount derived from the provision of goods and services falling within the company's

ordinary activities and is stated net of value added tax and trade discounts.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

4% on cost

Plant and machinery etc

-

25% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

Going concern

These accounts have been prepared on a going concern basis. The director will continue to support

all debtors and creditors as they arise.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

46,889

DEPRECIATION

At 1 January 2013

24,115

Charge for year

1,611

At 31 December 2013

25,726

NET BOOK VALUE

At 31 December 2013

21,163

At 31 December 2012

22,774

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

2

Ordinary

£1

2

2