Company Registration No. 04984616 (England and Wales)
TYBO CONSULTANTS LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2016
TYBO CONSULTANTS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
TYBO CONSULTANTS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2016
31 March 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
45,026
44,104
Current assets
Debtors
52,771
62,446
Cash at bank and in hand
66,663
106,156
119,434
168,602
Creditors: amounts falling due within one year
(48,880)
(104,345)
Net current assets
70,554
64,257
Total assets less current liabilities
115,580
108,361
Provisions for liabilities
(5,994)
(6,814)
109,586
101,547
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
109,486
101,447
Shareholders' funds
109,586
101,547
For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 5 September 2016
R J Brandley
Director
Company Registration No. 04984616
TYBO CONSULTANTS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.3
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 10 years.
1.4
Tangible fixed assets and depreciation
Land and buildings Freehold
4% Straight Line
Fixtures, fittings & equipment
25% reducing balance
Motor vehicles
25% reducing balance
1.5
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 April 2015
5,000
78,736
83,736
Additions
-
11,555
11,555
At 31 March 2016
5,000
90,291
95,291
Depreciation
At 1 April 2015
5,000
34,632
39,632
Charge for the year
-
10,633
10,633
At 31 March 2016
5,000
45,265
50,265
Net book value
At 31 March 2016
-
45,026
45,026
At 31 March 2015
-
44,104
44,104
TYBO CONSULTANTS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
100 Ordinary Shares of £1 each
100
100