Abbreviated Company Accounts - TURNKEY BUSINESS SOLUTIONS LTD

Abbreviated Company Accounts - TURNKEY BUSINESS SOLUTIONS LTD


Registered Number 04455783

TURNKEY BUSINESS SOLUTIONS LTD

Abbreviated Accounts

31 March 2016

TURNKEY BUSINESS SOLUTIONS LTD Registered Number 04455783

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 4,510 4,634
4,510 4,634
Current assets
Debtors 84,567 208,246
Cash at bank and in hand 35,051 9,757
119,618 218,003
Creditors: amounts falling due within one year (3,958) (52,153)
Net current assets (liabilities) 115,660 165,850
Total assets less current liabilities 120,170 170,484
Provisions for liabilities (902) (927)
Total net assets (liabilities) 119,268 169,557
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 119,168 169,457
Shareholders' funds 119,268 169,557
  • 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 28 December 2016

And signed on their behalf by:
S C Peck, Director

TURNKEY BUSINESS SOLUTIONS LTD Registered Number 04455783

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

1Accounting Policies

Basis of measurement and preparation of accounts
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).

Turnover policy
Turnover represents amounts receivable for services providing corporate systems and analysis net of VAT.

Tangible assets depreciation policy
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:

Fixtures, fittings & equipment 25% reducing balance

Other accounting policies
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).

2Tangible fixed assets
£
Cost
At 1 April 2015 25,304
Additions 1,379
Disposals -
Revaluations -
Transfers -
At 31 March 2016 26,683
Depreciation
At 1 April 2015 20,670
Charge for the year 1,503
On disposals -
At 31 March 2016 22,173
Net book values
At 31 March 2016 4,510
At 31 March 2015 4,634
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
100 Ordinary shares of £1 each 100 100