Abbreviated Company Accounts

06509902 2 TOOBZ LIMITED 2016-02-29 false 2015-03-01 2016-02-29 true 06509902 2015-03-01 2016-02-29 06509902 2016-02-29 06509902 2015-02-28 06509902 uk-gaap-cd-bus:Director1 2015-03-01 2016-02-29 06509902 uk-gaap-cd-bus:Director2 2015-03-01 2016-02-29 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-01 2016-02-29 uk-gaap-cd-bus:OrdinaryShareClass1 2016-02-29 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 iso4217:GBP shares

Registered Number 06509902

2 TOOBZ LIMITED

Abbreviated Accounts

29 February 2016

2 TOOBZ LIMITED Registered Number 06509902

Abbreviated Balance Sheet as at 29 February 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	-	-
Tangible assets	3	1,498	2,246
		1,498	2,246
Current assets
Stocks		32,000	32,000
Debtors		2,148	14,084
Cash at bank and in hand		11,983	1,522
		46,131	47,606
Net current assets (liabilities)		46,131	47,606
Total assets less current liabilities		47,629	49,852
Creditors: amounts falling due after more than one year		(149,460)	(117,888)
Total net assets (liabilities)		(101,831)	(68,036)
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		(101,832)	(68,037)
Shareholders' funds		(101,831)	(68,036)

For the year ending 29 February 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 25 November 2016

And signed on their behalf by:
A S Coates, Director

2 TOOBZ LIMITED Registered Number 06509902

Notes to the Abbreviated Accounts for the period ended 29 February 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Tangible fixed assets and depreciation
Depreciation is provided at rates calculated to write off the cost less residual value of each
asset over its expected useful life, as follows:
Website - Over five years straight line
Fixtures, fittings
and equipment - 33.3% straight line
Tangible fixed assets are stated at cost less accumulated depreciation.

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.
Going concern
The company is in the process of developing products and relies on the continued support of
its director, Mr A S Coates. this support is expected to continue for the forseeable future.

2Intangible fixed assets

	£
Cost
At 1 March 2015	18,300
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 29 February 2016	18,300
Amortisation
At 1 March 2015	18,300
Charge for the year	-
On disposals	-
At 29 February 2016	18,300
Net book values
At 29 February 2016	0
At 28 February 2015	0

3Tangible fixed assets

	£
Cost
At 1 March 2015	4,193
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 29 February 2016	4,193
Depreciation
At 1 March 2015	1,947
Charge for the year	748
On disposals	-
At 29 February 2016	2,695
Net book values
At 29 February 2016	1,498
At 28 February 2015	2,246

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1