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TEAM BUSINESS DEVELOPMENT LIMITED




Company Registration Number:
06442858 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st April 2009

End date: 31st March 2010

SUBMITTED

TEAM BUSINESS DEVELOPMENT LIMITED

Company Information
for the Period Ended
31st March 2010




Director: Susan Old
Jeremy Old
Registered office: 30 North Road
Poole
Dorset
BH14 0LY
Company Registration Number: 06442858 (England and Wales)

TEAM BUSINESS DEVELOPMENT LIMITED

Abbreviated Balance sheet
As at 31st March 2010

Notes 2010
£
2009
£
Fixed assets
Tangible assets: 4 3,678 241
Total fixed assets: 3,678 241
Current assets
Debtors: 141 334
Cash at bank and in hand: 260 2,391
Total current assets: 401 2,725
Creditors
Creditors: amounts falling due within one year 5 12,218 2,861
Net current assets (liabilities): ( 11,817 ) ( 136 )
Total assets less current liabilities: ( 8,139 ) 105
Total net assets (liabilities): ( 8,139 ) 105

The notes form part of these financial statements

TEAM BUSINESS DEVELOPMENT LIMITED

Abbreviated Balance sheet
As at 31st March 2010
continued

Notes 2010
£
2009
£
Capital and reserves
Called up share capital: 6 100 100
Profit and Loss account: ( 8,239 ) 5
Total shareholders funds: ( 8,139 ) 105

For the year ending 31 March 2010 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 10 November 2010

SIGNED ON BEHALF OF THE BOARD BY:

Name: Jeremy Old
Status: Director

The notes form part of these financial statements

TEAM BUSINESS DEVELOPMENT LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st March 2010

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective June 2002).

    Turnover policy

    Sales are stated net of any discounts and VAT.

    Tangible fixed 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: Office Equipment 25% reducing balance

  • 4. Tangible assets

    Total
    Cost £
    At 01st April 2009: 350
    Additions: 5,000
    At 31st March 2010: 5,350
    Depreciation
    At 01st April 2009: 109
    Charge for year: 1,563
    At 31st March 2010: 1,672
    Net book value
    At 31st March 2010: 3,678
    At 31st March 2009: 241

  • 5. Creditors: amounts falling due within one year

    2010
    £
    2009
    £
    Trade creditors: 80 -
    Other creditors: 12,138 2,861
    Total: 12,218 2,861

  • 6. Called up share capital

    Allotted, called up and paid

    Previous period 2009
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1 100
    Total share capital: 100
    Current period 2010
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1 100
    Total share capital: 100
  • 7. Related party disclosures

    Name of related party: Mr Jeremy and Mrs Susan Old
    Relationship: Directors
    Description of the transaction: Loan to Company
    Balance at 01st April 2009 2,861
    Balance at 31st March 2010 12,138