Company Registration No. 05764535 (England and Wales)
CHAINQUIZ LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
CHAINQUIZ LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
CHAINQUIZ LTD
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2015
31 March 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
1,272
-
Current assets
Debtors
15,456
18,959
Cash at bank and in hand
69,007
65,986
84,463
84,945
Creditors: amounts falling due within one year
(85,150)
(84,380)
Net current (liabilities)/assets
(687)
565
Total assets less current liabilities
585
565
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
485
465
Shareholders' funds
585
565
For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his 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 for issue on 29 December 2015
A Sutcliffe
Director
Company Registration No. 05764535
CHAINQUIZ LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.3
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:
Computer equipment
Straight line method over 3 years.
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2014
4,625
Additions
1,908
At 31 March 2015
6,533
Depreciation
At 1 April 2014
4,625
Charge for the year
636
At 31 March 2015
5,261
Net book value
At 31 March 2015
1,272
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100
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