Krystal Hosting Limited - Limited company - abbreviated - 11.6
Krystal Hosting Limited - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts |
for the Year Ended 31 March 2015 |
for |
Krystal Hosting Limited |
Krystal Hosting Limited (Registered number: 07571790) |
Contents of the Abbreviated Accounts |
for the Year Ended 31 March 2015 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
Krystal Hosting Limited |
Company Information |
for the Year Ended 31 March 2015 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Krystal Hosting Limited (Registered number: 07571790) |
Abbreviated Balance Sheet |
31 March 2015 |
2015 | 2014 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
( |
) | ( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
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. |
Krystal Hosting Limited (Registered number: 07571790) |
Abbreviated Balance Sheet - continued |
31 March 2015 |
The financial statements were approved by the Board of Directors on |
Krystal Hosting Limited (Registered number: 07571790) |
Notes to the Abbreviated Accounts |
for the Year Ended 31 March 2015 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective April 2008). |
Turnover |
Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts |
where turnover is recognised when the company obtains the right to consideration. |
Goodwill |
Goodwill, being the amount paid in connection with the acquisition of businesses in 2011 and 2015, is being |
amortised evenly over its estimated useful life. The write off period of the goodwill acquired in 2011 is ten years. |
Goodwill acquired this year is being amortised over two years. |
Intangible fixed assets |
Website design and construction and software development costs which are expected to have an economic |
benefit exceeding one year have been capitalised. |
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful |
life or, if held under a finance lease, over the lease term, whichever is the shorter. |
Website and software - 50% on cost |
Tangible fixed assets |
Computer equipment | - |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
Hire purchase and leasing commitments |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
The interest element of these obligations is charged to the profit and loss account over the relevant period. The |
capital element of the future payments is treated as a liability. |
Krystal Hosting Limited (Registered number: 07571790) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 31 March 2015 |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 April 2014 |
Additions |
At 31 March 2015 |
AMORTISATION |
At 1 April 2014 |
Amortisation for year |
At 31 March 2015 |
NET BOOK VALUE |
At 31 March 2015 |
At 31 March 2014 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 April 2014 |
Additions |
At 31 March 2015 |
DEPRECIATION |
At 1 April 2014 |
Charge for year |
At 31 March 2015 |
NET BOOK VALUE |
At 31 March 2015 |
At 31 March 2014 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2015 | 2014 |
value: | £ | £ |
Ordinary | £1 |
Krystal Hosting Limited (Registered number: 07571790) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 31 March 2015 |
5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the years ended 31 March 2015 and |
31 March 2014: |
2015 | 2014 |
£ | £ |
Balance outstanding at start of year | ( |
) |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Balance outstanding at end of year |