Abbreviated Company Accounts - PLAYFIVEASIDE LTD

06959898 PLAYFIVEASIDE LTD 2014-07-31 false 2013-08-01 2014-07-31 true 06959898 2013-08-01 2014-07-31 06959898 2014-07-31 06959898 2013-07-31 06959898 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 06959898 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:Director3 2013-08-01 2014-07-31 uk-gaap-cd-bus:Director3 2014-07-31 uk-gaap-cd-bus:Director3 2013-07-31 iso4217:GBP shares

Registered Number 06959898

PLAYFIVEASIDE LTD

Abbreviated Accounts

31 July 2014

PLAYFIVEASIDE LTD Registered Number 06959898

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	4,187	-
		4,187	-
Current assets
Debtors		277,398	-
Cash at bank and in hand		62,795	34,127
		340,193	34,127
Creditors: amounts falling due within one year		(207,902)	(3,184)
Net current assets (liabilities)		132,291	30,943
Total assets less current liabilities		136,478	30,943
Total net assets (liabilities)		136,478	30,943
Capital and reserves
Called up share capital		500	500
Profit and loss account		135,978	30,443
Shareholders' funds		136,478	30,943

For the year ending 31 July 2014 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 29 April 2015

And signed on their behalf by:
MR NILESH PANDIT, Director

PLAYFIVEASIDE LTD Registered Number 06959898

Notes to the Abbreviated Accounts for the period ended 31 July 2014

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.

Turnover policy
Turnover represents amounts receivable for services net of VAT. The company
recognises revenue from sales as the services are performed.

Tangible assets depreciation policy
Depreciation is calculated to write off the cost of the asset less its estimated residual value,
over the life of the asset as follows:
Plant and equipment - 15% per annum-reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 August 2013	-
Additions	5,928
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	5,928
Depreciation
At 1 August 2013	-
Charge for the year	1,741
On disposals	-
At 31 July 2014	1,741
Net book values
At 31 July 2014	4,187
At 31 July 2013	-

3Transactions with directors

Name of director receiving advance or credit:	Mr Nilesh Pandit
Description of the transaction:	Loan
Balance at 1 August 2013:	-
Advances or credits made:	£ 264,936
Advances or credits repaid:	£ 45,000
Balance at 31 July 2014:	£ 219,936

The amount of the debtor include above advance to the director which
will be repaid in due course.