Abbreviated Company Accounts - DIVE TEAM LIMITED

Registered Number 03673303

DIVE TEAM LIMITED

Abbreviated Accounts

31 March 2016

DIVE TEAM LIMITED Registered Number 03673303

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	123,028	20,225
		123,028	20,225
Current assets
Debtors		41,835	21,765
Cash at bank and in hand		57,302	17,103
		99,137	38,868
Creditors: amounts falling due within one year		(154,855)	(31,292)
Net current assets (liabilities)		(55,718)	7,576
Total assets less current liabilities		67,310	27,801
Provisions for liabilities		-	(3,407)
Total net assets (liabilities)		67,310	24,394
Capital and reserves
Called up share capital		2	2
Profit and loss account		67,308	24,392
Shareholders' funds		67,310	24,394

For the year ending 31 March 2016 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 2 December 2016

And signed on their behalf by:
J Batty, Director

DIVE TEAM LIMITED Registered Number 03673303

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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.

2Tangible fixed assets

	£
Cost
At 1 April 2015	75,332
Additions	130,388
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	205,720
Depreciation
At 1 April 2015	55,107
Charge for the year	27,585
On disposals	-
At 31 March 2016	82,692
Net book values
At 31 March 2016	123,028
At 31 March 2015	20,225