Team Vacform Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05617312 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2017

FOR

TEAM VACFORM LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

5

DIRECTORS:

Mr R H Barrett

Mr A J Black

Mr D Boardman

Mr P J Patterson

SECRETARY:

Mr D M Cross

REGISTERED OFFICE:

Sandleas Way

Crossgates

Leeds

Yorkshire

LS15 8AR

REGISTERED NUMBER:

05617312 (England and Wales)

ACCOUNTANTS:

G L Barker & Co LLP

Chartered Certified Accountants

49 Austhorpe Road

Cross Gates

Leeds

LS15 8BA

FIXED ASSETS

Tangible assets

4

9,630

12,935

CURRENT ASSETS

Stocks

36,725

30,132

Debtors

58,254

57,167

Cash at bank

28,127

21,588

123,106

108,887

CREDITORS

Amounts falling due within one year

28,501

25,102

NET CURRENT ASSETS

94,605

83,785

TOTAL ASSETS LESS CURRENT LIABILITIES

104,235

96,720

CREDITORS

Amounts falling due after more than one year

24,995

34,995

NET ASSETS

79,240

61,725

CAPITAL AND RESERVES

Called up share capital

5

5

Retained earnings

79,235

61,720

SHAREHOLDERS' FUNDS

79,240

61,725

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 November 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 14 August 2018 and were signed on its behalf by:

Mr R H Barrett - Director

Mr A J Black - Director

Mr D Boardman - Director

Mr P J Patterson - Director

1.	STATUTORY INFORMATION

Team Vacform Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax, except in respect of

service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 December 2016

and 30 November 2017

70,552

DEPRECIATION

At 1 December 2016

57,617

Charge for year

3,305

At 30 November 2017

60,922

NET BOOK VALUE

At 30 November 2017

9,630

At 30 November 2016

12,935

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Team Vacform Limited for the year ended 30 November 2017 which comprise the Profit and

Loss Account, Abridged Balance Sheet, Statement of Changes in Equity and the related notes from the company's

accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Team Vacform Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Team Vacform Limited and state those matters that we have agreed to state to the Board of Directors of Team Vacform Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Team Vacform Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Team Vacform Limited. You consider that Team Vacform Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Team Vacform Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

G L Barker & Co LLP

Chartered Certified Accountants

49 Austhorpe Road

Cross Gates

Leeds

LS15 8BA

14 August 2018