COTTONBUDZ_SOFT_PLAY_LIMI - Accounts

COTTONBUDZ SOFT PLAY LTD - Company Information

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COTTONBUDZ SOFT PLAY LIMITED

ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 30 JUNE 2014

Company Registration No. 08566893 (England and Wales)

COTTONBUDZ SOFT PLAY LIMITED

COMPANY INFORMATION

Directors

J D Peacock

F L Peacock

Company number

08566893

Registered office

Carlton House

Grammar School Street

Bradford

BD1 4NS

Accountants

Naylor Wintersgill Limited

Carlton House

Grammar School Street

Bradford

BD1 4NS

Bankers

Lloyds Bank Plc

32 Town Street

Horsforth

Leeds

LS18 4RJ

COTTONBUDZ SOFT PLAY LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

COTTONBUDZ SOFT PLAY LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 JUNE 2014

- 1 -

2014

Notes

Fixed assets

Intangible assets

8,308

Tangible assets

23,366

31,674

Current assets

Stocks

300

Cash at bank and in hand

2,890

3,190

Creditors: amounts falling due within one year

(12,963)

Net current liabilities

(9,773)

Total assets less current liabilities

21,901

Creditors: amounts falling due after more than one year

(40,000)

Provisions for liabilities

(4,673)

(22,772)

Capital and reserves

Called up share capital

Profit and loss account

(22,774)

Shareholders' funds

(22,772)

COTTONBUDZ SOFT PLAY LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

30 JUNE 2014

- 2 -

For the financial period ended 30 June 2014 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 period 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 and authorised for issue on 4 March 2015

J D Peacock

Director

Company Registration No. 08566893

COTTONBUDZ SOFT PLAY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 30 JUNE 2014

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

1.5

Tangible fixed assets and depreciation

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:

Plant and machinery

25% reducing balance

1.6

Leasing

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

1.7

Stock

Stock is valued at the lower of cost and net realisable value.

1.8

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.

COTTONBUDZ SOFT PLAY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE PERIOD ENDED 30 JUNE 2014

- 4 -

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 12 June 2013

Additions

10,385

31,155

41,540

At 30 June 2014

10,385

31,155

41,540

Depreciation

At 12 June 2013

Charge for the period

2,077

7,789

9,866

At 30 June 2014

2,077

7,789

9,866

Net book value

At 30 June 2014

8,308

23,366

31,674

Share capital

2014

Allotted, called up and fully paid

2 Ord A shares of £1 each