Abbreviated Company Accounts - TEAM ANIMATION LIMITED

TEAM ANIMATION LIMITED - Company Information

04164007 TEAM ANIMATION LIMITED 2014-02-28 false 2013-03-01 2014-02-28 true 04164007 2013-03-01 2014-02-28 04164007 2014-02-28 04164007 2013-02-28 04164007 uk-gaap-cd-bus:Director1 2013-03-01 2014-02-28 04164007 uk-gaap-cd-bus:Director2 2013-03-01 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-01 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2013-02-28 iso4217:GBP shares

Registered Number 04164007

TEAM ANIMATION LIMITED

Abbreviated Accounts

28 February 2014

TEAM ANIMATION LIMITED Registered Number 04164007

Abbreviated Balance Sheet as at 28 February 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	3,964	3,328
		3,964	3,328
Current assets
Debtors		47,884	58,884
Cash at bank and in hand		159,133	108,094
		207,017	166,978
Creditors: amounts falling due within one year		(60,453)	(65,581)
Net current assets (liabilities)		146,564	101,397
Total assets less current liabilities		150,528	104,725
Total net assets (liabilities)		150,528	104,725
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		150,526	104,723
Shareholders' funds		150,528	104,725

For the year ending 28 February 2014 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 21 November 2014

And signed on their behalf by:
Donald John MacNicol, Director

TEAM ANIMATION LIMITED Registered Number 04164007

Notes to the Abbreviated Accounts for the period ended 28 February 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of services provided during the period

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class: Computer equipment, Depreciation method and rate: 25% reducing balance basis.
Asset class: Fixtures and fittings, Depreciation method and rate: 25% reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 March 2013	15,973
Additions	1,957
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2014	17,930
Depreciation
At 1 March 2013	12,645
Charge for the year	1,321
On disposals	-
At 28 February 2014	13,966
Net book values
At 28 February 2014	3,964
At 28 February 2013	3,328

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2